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

Monday 11 February 2013

RUGBY - easy renter - £115k / £575PCM / 6.0% yield

A very decent bet in a Rugby market where it's often difficult to find genuine value. This is a modern property, that's pretty much ready to go - kitchen and bathroom are fine, so is the internal presentation. Smart 2 bed houses are very much at a premium in the town centre, so finding a tenant at £575PCM won't really be too difficult at all. 
Purchase
£115,000
Upgrade Cost
£minimal
Rent
£575.00
Yield
6.0%
I'm aware I have a number of buyers looking solely at Rugby. Yields are never massive in this town, but this is as sensible a little purchase as I've seen for a few months.
richard.baker@belvoirlettings.com for full details.
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