Summary - Park Road, Raunds, Wellingborough NN9 6JL
1 bed 1 bath Flat
Compact, bright first-home or buy-to-let with parking and swift road links..
Allocated off-street parking space included
Light, open-plan living area with large windows
Compact footprint — approximately 326 sq ft
Leasehold: about 89 years remaining
Electric room heaters; no gas central heating
Cavity walls likely without insulation — potential energy upgrade
Exterior shows peeling paint and needs maintenance
Walking distance to amenities; excellent A45/A14 road links
This compact one-bedroom flat on Park Road offers a bright, open-plan living space and an allocated parking bay — a straightforward, affordable entry into the Raunds market. At about 326 sq ft it suits a first-time buyer seeking low running costs or an investor targeting steady rental demand in a prosperous small-town setting.
Practical details: the property is leasehold with approximately 89 years remaining and uses electric room heaters and electric mains for hot water. The building is mid-20th century and shows signs of external wear (peeling paint and general exterior maintenance needed). Internal accommodation is tidy and functional but compact.
Value drivers include excellent road links (A45/A14), walking distance to local shops and schools, fast broadband and very low council tax. Drawbacks to budget for: limited lease term relative to freehold, potential exterior repairs, no gas central heating, and likely wall insulation upgrades due to cavity walls without insulation.
This is best for buyers who prioritise location and affordability over space — a practical starter home or a buy-to-let that would benefit from modest updating and a careful review of lease-related costs.
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