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

Thursday 20 April 2017

SOLD BE QUICK! Small Freehold, £117k, £525 rent

The new financial year brings new impetus, and already since 01 April a number of investors seem to have found new purchases. The bottom end of the FREEHOLD market is about £120k at the moment and I hear of a 1 bed cluster in Swinford Hollow, Little Billing, that's about to become available again at a FIXED PRICE of £117,000. It will rent for £525. That's about a 5% return once stamp duty is factored in.
richard.baker@belvoir.co.uk

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