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

Wednesday 17 February 2016

SOLD! TENANTED SALE, 4 bed, £139,995, £800 rent

A freehold one about to come to the market at £140,000 - happily tenanted at £800PCM to a tenant who looks after it - that's an 6.8% return.
This is a 4 bed property in Prentice Court, Goldings, NN3 that's coming to the market in good internal order - it's well looked after by the current tenant. 
The purchaser will probably have to pay some stamp duty on this one as we're out of time for completions by 31 March - so this needs factoring into the price. 
One final thing - I own it! I've had it for a few years my accountant says it's time to move this one on. As such I'm well placed to answer any queries - richard.baker@belvoir.co.uk.

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