This blog follows the property market in Northampton with a particular emphasis on buy-to-let. On here you'll find general commentary about the market, plus properties that may represent decent buys. I own a large estate agency in Northampton and am myself a landlord with an established portfolio. If you're looking to invest, but are unsure what will work best, I'm happy to offer a (free) second opinion. If you have a property to sell I can help with that too! Email richard.baker@belvoir.co.uk

Tuesday 6 March 2012

NOW SOLD Grange Park for under £100k

Again, this isn't the highest yield in the world (about 6%) but it's Grange Park for less than £100k, and that alone will make it appeal to many investors. It's freehold too. And it's more or less ready for rental. If you want one of the better areas of town, and the probability of a good tenant, this is pretty much it.


It's a 1 bed coach house which will rent without too much bother at £495PCM. Advertised for £97.5k, it seems reasonable that you should be able to pick this up for £95k, possibly less. This gives the same sort of yield you'd get with a Victorian Terrace, but without the 'Victorian' issues that go with it. A very sensible bet for someone.

As ever I'm happy to discuss further with interested parties. richard.baker@belvoirlettings.com
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