SOLD £625PCM for £112,000

Buy to let investor? Please take a look at our latest property on the market - a spacious two bedroom flat with ample storage, open plan living area and allocated parking in Southbridge, Northampton. Tenant in situ - currently on a rolling contract at £625 per month.





See our Rightmove ad for more information.

SOLD £550PCM for £99,995

Before you scoff, this is very rentable!

It's a 2 bed flat in close proximity to the town centre - well presented and with a private outside terrace that you simply don't get on more modern properties. We rent a couple on this estate and whilst they are fairly ugly (let's not mix our words) they are a huge amount of flat for the money and are popular with renters. 

You'll get £550pcm for this and probably pay the council a service charge of around £50 (although I don't have exact figures). Do your sums and you'll probably find this works out similar to a nearby victorian terrace which costs more but doesn't have a lease. Not a bad buy at all, assuming you haggle.

If you're interested, I'm happy to discuss - email me at richard.baker@belvoirlettings.com

SOLD : £625PCM for £129,000

So off we go for 2014. 

The market is busy, and my mate at the corporate estate agency I won't name tells me their instructions are to overvalue by 10% to make sure they get the property. This can only lead to a rising market, whether that's a short term or a long term thing. As such finding value currently is hard.

This is lettable at about £625. It's a 3 bed in Oleander Crescent and will rent privately. It looks to be in good order but clearly doesn't have gas central heating. It will rent as it is, or you may want to spend £3k getting this done. Either way, it's not the worst buy in the current market. Advertised at £129,995, you're clearly aiming at stamp duty (£125k) but in the current market there's no guarantee this will be achievable.

Happy to talk to anyone who's interested - email me at richard.baker@belvoirnorthampton.co.uk