RUDLENS
APARTMENTS WELLINGBOROUGH

Rudlens Apartments is a unique collection of 24 completed and tenanted apartments in the heart of Wellingborough, a small market town located in Northamptonshire.

Investors can benefit from an immediate 6% plus rental return since the project is completed, operational and tenanted with zero development risk and immediate income.

It is located just 5 minute’s walk from the development and is nearby to Wellingborough station with access to London Kings Cross in just 45 mins. The development is also perfectly situated to capitalise on the increased gentrification of this area with more and more Londoners moving out to Wellingborough in search of better value for money when buying property.

The prices are low and these there is good scope for capital appreciation particularly as much of the regeneration and population growth in the area kicks in. Investors can invest in this wonderful development with as little as £27,000 making it extremely accessible for all types of investors.

About Wellingborough

Wellingborough has been ranked in the top ten places with the strongest house price growth, according to data from Halifax, with a 15.5% increase in 2022 and it has been predicted that there will be further growth in the coming years.

House price rises were partly boosted by London residents selling up in the capital to upsize to bigger properties and be able to swiftly commute to the capital in under 45 minutes to St Pancreas Station and excellent commuter connections to main motorway routes around the country. Residents especially enjoy the area’s countryside, country parks and the newly built shopping and leisure complex at Rushden Lakes.

Wellingborough has a wealth of history, a bustling community and recent investment in the area makes it a desirable place to live. You will find plenty to keep you entertained, from cafes, shopping and local countryside walks within the local vicinity. Wellingborough is a thriving community with something to offer for all.

Useful Information

Image Gallery

Introducing Rudlens Apartments
Modern Fitted Kitchen
Harmonious Bedroom
Awe-inspiring Kitchen
Desirable Living Area
Modern Fitted Bathroom

Development Facts

DEVELOPMENT NAME

Rudlens Apartments

DEVELOPMENT ADDRESS

9 Mill Road,
Wellingborough, NN8 1PF

DEVELOPER

Provident Homes

MANAGEMENT COMPANY

Opulent Lettings and Management Ltd

RENTAL INCOME

Up to 7% Currently,
all apartments are fully let on AST’s

HEIGHT

3 Storeys

COMPLETION

Completed

TENURE

Leasehold

GROUND RENT

£0 per annum

SERVICE CHARGE

£1.59 per sqft

TRANSPORT

5 minutes from Wellingborough Train Station where you can reach London in just 45mins.
Catch the 7.47am train from Wellingborough and be in Paris for lunch or Nice for Dinner.

NUMBER OF UNITS

24 Apartments

PAYMENT PLAN

£2,000 reservation fee
20% on exchange (minus reservation fee)
80% Balance on Completion

NEARBY FACILITIES

  • 10-minute drive to Northampton, Chester House Estate, Rushden Lakes Shopping
  • 5 minute walk to Town Centre, Train Station, Victoria Shopping Centre
  • 3 minute drive to Isebrook Hospital
  • Cafes, shopping and local countryside walks
  • Lots of big companies within Wellingborough including Siemens, Unilever and AXA to name but a few

PRICE

  • 1-Beds from £135,000
  • 2-Beds from £195,000

Investment Highlights

  • Prices from £135 000
  • Complet and tenant apartments
  • 24 contemporary 1 and 2-bedroom apartments
  • Leasehold with zero ground rent
  • Service charge of £1.59 / sqft
  • 6% current rental yield
  • Short-term Lets permitted
  • London Commuter Belt, just 45 minutes to London Kings Cross station
  • 10-minute drive from Northampton
  • Big regeneration area, lots of money being spent on this area to refresh it and increase the population and demand for property in the area
  • Lots of businesses within close proximity of the development to drive long and short-term lets

Why invest in Wellingborough

Wellingborough has been ranked in the top ten places with the strongest house price growth, according to data from Halifax, with a 15.5% increase in 2022 and it has been predicted that there will be further growth in the coming years.

House price rises were partly boosted by London residents selling up in the capital to upsize to bigger properties and be able to swiftly commute to the capital in under 50 minutes to St Pancras Station and excellent commuter connections to main motorway routes around the country.

Many National and International companies have already chosen to locate in Wellingborough and many financial institutions have already invested in the town. The existing commercial property supply provides for start-up businesses to International Companies, in all sectors, including industrial / distribution, offices, leisure and retail. As a result, Wellingborough is home to some of the biggest companies in the world including Siemens, AXA and Unliver. This implies that there would be a good level of demand for corporate-style rental agreements or alternatively ample demand for short-term lets from executives tripping into the area from other parts of the UK. Huge opportunities will exist for business growth in Wellingborough with well over 100 acres of employment land allocated in one proposed development alone

Residents especially enjoy the area’s countryside, country parks and the newly built shopping and leisure complex at Rushden Lakes.

Opulent
Honest Opinion

Rudlens Apartments represents a very good opportunity to purchase an apartment that is completed, tenanted and operational with as little as £27k of your own cash. Prices start from as little £135k and just 45 minutes away from London / Kings Cross, and investors can really pick up some exceptionally priced properties in the area. This coupled with the fact that the area is a haven for business and enterprise, driven largely by the excellent connectivity in the area, makes for a very exciting prospect for our investors with good growth prospects over a medium to long-term outlook.

One of our core values at Opulent is to buy low before prices rise and then sell high. We feel that Wellingborough lends itself very nicely to this as currently this market is untapped and offers excellent connectivity to London and Europe. Given that London is pushing out due to their being less need to be in the office every day since COVID, people are pushing out to suburbs where they get a lot more bang for their buck with property. What better location than Wellingborough to capitalise on this where prices are still very accessible and with all of the projected growth, regeneration and business activity scheduled to arrive in the area, this won’t be the same for long, prices will rise and now could be the perfect opportunity to purchase with zero development risk and immediate income.

This Property is
TPS Ready!

TPS

If you invest in this property, Opulent with its very own dedicated nationwide lettings and management company will help ensure you receive an effortless letting experience built on its thorough tenant management process, dedication to compliance, and expert market knowledge. We take the stress out of property maintenance by proactively overseeing repairs, renovations, and routine inspections. Our streamlined reporting system ensures you are always kept informed of how well your property investment is performing and help you achieve the claimed returns on your investments effortlessly. What’s more we will even help you dispose of your property to another investor when the time comes to exit.

Experience the power of simplicity and efficiency in property investment with our Total Property Investment Solution.

Thank you!