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

Friday 23 November 2012

REFURB IN RUGBY - save some money.

A refurbishment opportunity in Rugby, and an opportunity to buy a 2 bed bungalow at a reduced price. Internally, it needs full everything updating - some people will be put off, but assuming you can buy it for less than £90k and then spend £20k on it, you're left with a £125k bungalow in tip top order that you paid £110k for - a very sensible deal for someone.

We can, of course, assist with refurbishment if required. 

This is available to purchase at £85k and the agent already has offers around that price. We suspect the car in the foreground comes with the deal. I'd budget £100 to get someone to come and take it away!

It will rent for £575 once done. Maybe a bit more?


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