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

Wednesday 24 October 2012

NOW SOLD Cheap 2 Bed Flat, GRANGE PARK

The asking price on this has dropped from £110k to £90k. Whilst I'm usually cautious about modern leasehold flats, at that price and in this premium postcode, you can't really go wrong - 2 bed properties do not really happen in Grange Park for less than £100k, so unless there's something fundamentally wrong with this one, it's a steal.


Do your figures on a rental of £550PCM - we'll likely exceed this, but we won't go lower. That's 7.3% without even trying. People keep telling me "I don't want to spend much, but I want to buy in a nice area!" - voila!
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