Another inexpensive leasehold flat here, which has a 999 year lease and as such is VERY good value at £70k. It's in a perfectly decent area too. It's a studio, so will be tiny. But we'll rent this for £450 to a private tenant, and after a monthly charge of £63, it still offers a return of 6.6% which is about as good as you'll get in the Northampton market (single property) at the moment. What can you buy for £70k? A caravan costs more!
