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

Sunday 6 May 2012

NOW SOLD. Northampton Refurb Opportunity

This has popped up in Southfields. The piccies don't do it justice - once done, this would be a nice 2 bed house, with adjacent garage and off road parking for 2. It's nicely tucked away at the end of a private driveway too. An easy renter in any market at £550PCM. Needs work though.

Available to purchase at around the £87k mark (£85k has been rejected). It requires a spend of about £15k to bring it back to tip top standard - basically it's one of these that hasn't been touched since it was built. We are happy to project manage for out of area landlords for a nominal fee.

Let's assume you spend £103k all in, on a property that's worth £110k once done. You could sell at that point for a small profit. Or you could rent for a 6.4% yield - a very good long term bet.


As ever email me for details. richard.baker@belvoirlettings.com
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