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 19 September 2014

SOLD Freehold 1 bedroom cluster house less than £90k


This has popped up in the last 48 hours with another agent and is a good freehold bet for somebody. It clearly needs updating but these places are tiny and even if you pay asking price and then spend £5k on it you can't really go wrong with a rent of £475. May be sold already but contact us quickly if you do want the agent's details.
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Monday 8 September 2014

Duston NN5 - Very Modern 2 Bed Apartment - £550 on £97,500

2 Bed Apartment - £97,500
Alfred Knights Close, Duston, NN5 

This is something that will interest those of you that buy modern flats. This is a 2 bed flat - I expect it isn't huge - but even so will rent without any trouble at all at £550 PCM. 
These things are about 5 years old and situated in an upmarket area slightly further away from the town centre therefore attract an older clientele - hence tenant quality should be pretty good. 

It's not listed with ourselves so if you want more details please let me know and I will put you in touch with the agent in question. richard.baker@belvoirlettings.com

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Friday 5 September 2014

Properties Required in Rugby

HELP! WE'RE OUT OF PROPERTY!

We appear to be a lettings agent with no properties to let! This isn't usual - we've never been in this position before in 10 years of trading - and it's a reflection of the high demand that currently exists for rental properties. (If you're wondering whether to invest, here's one indicator that shows you shouldn't be short of a tenant).

We manage just short of 300 properties in Rugby and at any point in time usually have 10-15 available for let. We've had a busy couple of weeks and literally have nothing left. I'm sure that by the time this prints someone will have given notice, so we'll have something available, but that won't change the general theme that we're really short of properties. Importantly also, our rental arrears are practically zero - so we're still maintaining tenant quality despite the fact that everything is letting.

If you have a property that you're struggling to let, please let us know. At the very least it give will our negotiator something to do! We're more than happy to visit any property in Rugby and the surrounding areas to assess rental potential, and if it is a property you're
struggling with we'll offer sensible and honest advice regarding how to get it tenanted.

Richard Baker

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