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Rushden Property Tour - Guaranteed Rent! In Your Street NN10 0 Rushden
- Northampton Property Blog
- Aug 6
- 2 min read
This week we're In Your Street in an area not-as-often covered by us, NN10 in Rushden. We're out here today for a new property that's just come onto a the market, a 4 Bedroom home in Wilmott Road.
This area boasts great travels links to Rushden Town Centre and its famous accompanying Rushden Lakes, where you find find shops, food and gorgeous views.
In the last 12 months, 183 houses have been sold in this area, and 32 flats. Houses have achieved roughly £260k and flats have achieved £115k. Flats have seen a notable decline by 7.1%, but houses have had a steady increase by 2.6%. Given the prevalence of houses in the area over flats, this shows very strong growth for the area.
65% of residents in this area own their home, so you'll get a good range of properties from both owners and tenants alike. This is positive, as it means the local area can develop a good community, which, as we've explored in previous posts, can result in longer tenancies. Good for Landlords, tenants and home-owners alike.
In terms of the rental market, the average house lets for £965 and the average flat goes for £714. Like always, this is mainly taking into account many smaller properties. For larger properties like this 4 Bedroom we've explored this week, it can easily go into the £1000's, with this particular property going up for over £1,300. What these statistics can tell us, however, is that is that prices are fair and offer variety for a range of tenants with different incomes. So even if your property isn't a 4 bed, don't be dissuaded by the potential income a rental can make.
Like a lot of properties we've covered, the Landlord for this property in Wilmott Road has acquired stability with letting out their property due them signing up for Guaranteed Rent in Rushden. This means that void periods are covered for both rent and utilities and the property is managed by Northwood Northampton Letting Agents. Bigger properties can lead to bigger risk, and with Guaranteed Rent much of that risk is avoided. As always, if you're looking to be a long-term Landlord without the stress of void periods and management, this is a great option.
Interested in this property, Guaranteed Rent, or having your street valued?
Get in contact with Northwood Northampton Letting Agents today!
01604 607080
If you'd like to read through the full market report, you can find it below:
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