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

Saturday 6 April 2013

Buy Tenanted - £112k, £575 rent, 6.2% yield.

I saw this property on Saturday. There's an opportunity to buy it with a tenant in situ paying £575PCM. 
It's a Victorian Terrace close to the mainline railway station and offered in pretty excellent order - recently re-plastered throughout, with new kitchen, bathroom, etc. When the tenancy changes there will be the need to make some cosmetic changes - living room carpet has some stains on etc, but that's about it. Owner seeks £112k with the tenant in. 

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