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

Sunday 7 February 2016

10% return AFTER costs - but you need £500,000 cash!


Most of us will be priced out of this one, but for anyone who has £500,000 cash to invest I’m about to get an opportunity to take on a block of converted apartments that will deliver a return on investment of about 10% AFTER costs. Equally, as it’s bricks and mortar you’re investing in there’s every chance the asset value will increase over time too. Clearly there’s a little more to this than a standard purchase so I’m happy to meet and go through the figures with anyone who’s interested. It’s half a million cash you need though – no less.
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