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 10 December 2016

SOLD Festive Cheapie - £80000, £500, 7.5%

This has flashed up in my inbox today and will be a relative high yielder for whoever buys it. Woodstock isn’t the best block in town, but it’s very well located and rents like clockwork if the property is in good order – expect £500PCM.
A 1 bed apartment, in the heart of the town centre, immediately adjacent to the hospital.
I rather suspect this one will need work, so factor that in – it will be good yielder anyway. Also the service charges and lease length need to be factored in – these aren’t usually an issue in this building but as they aren’t identified on the ad, interested parties should clarify them at the earliest opportunity.
Not a lot else you can buy for £80k, so if that’s your price range I challenge you to find something better! As ever, we’ll help with refurbishment as required.
http://www.rightmove.co.uk/property-for-sale/property-49797154.html Here's the property - contact the agent direct but please let me know if you're doing this as clearly creating a bidding war isn't in any of our interest! richard.baker@belvoir.co.uk 
SHARE:
Blog Layout Designed by pipdig