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

Sunday, 12 January 2014

SOLD £550PCM for £99,995

Before you scoff, this is very rentable!

It's a 2 bed flat in close proximity to the town centre - well presented and with a private outside terrace that you simply don't get on more modern properties. We rent a couple on this estate and whilst they are fairly ugly (let's not mix our words) they are a huge amount of flat for the money and are popular with renters. 



You'll get £550pcm for this and probably pay the council a service charge of around £50 (although I don't have exact figures). Do your sums and you'll probably find this works out similar to a nearby victorian terrace which costs more but doesn't have a lease. Not a bad buy at all, assuming you haggle.

If you're interested, I'm happy to discuss - email me at richard.baker@belvoirlettings.com


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