Strangely, the best deals around in Northampton currently are leasehold flats – finding anything freehold that represents good value is currently difficult. There’s a range of options and price ranges – here’s a summary of what’s around currently. Some, I know are already under offer. We’ve done yields based on the asking price, so assume that the yield will go up slightly as you’ll presumably buy for slightly less.
We've scanned the market up to £100k. This is the best of what's currently available assuming yield is a factor and also that purchase price is sensible.
The weeks leading up to Christmas are often good times to steal a deal – people’s minds are on other things, so there’s less competition!
Everything here is very lettable. Assuming property condition is good (and I haven’t been in all properties) you should expect a good tenant within 4 weeks max.
Get in touch with me richard.baker@belvoirlettings.com for more info on any of these.
Asking Price
|
Rental
|
Yield
|
Notes
|
Link
|
£55,000
SOLD |
£425
|
9.2%
|
Close to town centre. Accept a LHA tenant to achieve the yield.
| |
£55,000
SOLD |
£450
|
9.8%
|
Repossession. Plum town centre. Will let privately.
| |
£70,000
|
£525
|
9.0%
|
Same building as above, plum town centre. Will let privately.
| |
£70,000
SOLD |
£450
|
7.7%
|
Plum town centre. High quality building. Private Tenant.
| |
£90,000
SOLD |
£550
|
7.3%
|
Repossession. Popular upmarket location – Wootton.
| |
£95,000
SOLD |
£675
|
8.5%
|
Plum town centre. High quality building. Buy with tenant is situ.
|
