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 21 March 2019

SNAP IT UP, 1 bed flat £85,000


NOW SNAPPED UP (within 24 hours!) We haven't seen anything like this for a while! It's a decently priced 1 bedroom flat with an asking price of £85,000. It's in Thorplands and will have a council lease on it so the charges are generally reasonable and the lease lengths decent too. You'll note from the pictures that the Council have just put new double glazing in it.
It looks like it needs some work - hopefully not too much - but is an easy one to quickly update and of course we'll deal with this for you as required.
It's an easy renter too - £500 for one of these - which is a headline return of 7% based on the £85k asking price. The tenant will be in full time employment.
Some pictures of the property are below. The full ad is here https://www.onthemarket.com/details/6606025/ . If you're interested you'll need to move really quickly on this one as it's sensibly priced and in a price band that will open it up to the whole market. Any queries as ever, please don't hesitate to ask. richard.baker@belvoir.co.uk.




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