£199,995

3 bed terraced house for sale
Lea Way, Wellingborough NN8

    • 3 beds

    • 1 bath

    • 1 reception

Just added
Freehold
Added on 16/07/2026

About this property

  • Three bedroom terraced home

  • Investment Purchase Only - Tenants in Situ

  • Spacious kitchen/dining room

  • Downstairs WC

  • Brick-built storage outbuilding

  • Backs onto open green space

An opportunity to acquire a three-bedroom terraced investment property with a tenant already in occupation, providing an immediate rental income from completion.

Situated within a popular residential area of Wellingborough, the property offers spacious accommodation throughout and has proven to be an attractive long-term rental home. Its practical layout and convenient location continue to make it appealing to tenants, making it an ideal addition to both new and established property portfolios.

The ground floor comprises an entrance hall, downstairs cloakroom/WC, a generous living room and a spacious kitchen/dining room extending to approximately six metres in length, offering ample space for everyday living and dining. The kitchen also provides direct access to the enclosed rear garden.

To the first floor are three bedrooms together with a family bathroom.

Externally, the property benefits from an enclosed rear garden incorporating a decked seating area, paved patio and a useful brick-built outbuilding providing additional storage. The garden also enjoys an open aspect to the rear, backing onto green space.

The property is currently let at £925 per calendar month, generating an annual rental income of £11,100

The property has an EPC Rating of C and falls within Council Tax Band A.

Conveniently positioned close to local schools, shops, amenities and transport links, this is a well-located investment property offering an established rental income with future potential.

Please note: The property is being sold with the current tenant in situ and is therefore available to investment purchasers only. For further information regarding the tenancy, please contact Smartmove.

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Freehold

  • Council tax band

    A

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