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

Tuesday 2 May 2017

SOLD 8% return, £90,000 flat - the best return on offer currently?

The best value at the moment seems to be towards the lower end of the market, and this 2 bed flat in Kings Heath is no exception. It's not going to win an award for outstanding natural beauty, but may win awards for pure practicality and a decent return. Not suggesting you move in yourself, but for £90k (maybe less) you can be the proud owner and as the freeholder is Northampton BC, your service charge will be reasonable (under £70 per month) also. It will rent for £600 - which is an 8% return before charges, and over 7% after them. You won't get better than this in Northampton currently without renting room by room, which is far more hassle.

If you're "doing it for income" as many people tell me they are - this one is well worth considering. 

FULL DETAILS HERE


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