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 11 November 2012

NOW SOLD - Duston - £80k(ish!)

PLC Housebuilder has 1 x 1 bed apartment left on this upmarket development, and has just dropped the price to £84,995. This is cheap for a new build, and I understand they are keen to offload, so assuming you can complete quickly I'm guessing £80k on this would be realistic.

It will rent for £450PCM (it's small) and will be a nice professional tenant as this is an upmarket suburban area. You could add a (nice) sofa, table and chairs, and bed, and go for £500PCM if you were feeling flush!

Clearly as it's new, everything is guaranteed, and it's ready to rent apart from curtain rails or blinds which you'd need to install. As a low hassle option, you won't get better than this.


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