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

Friday, 29 August 2014

SOLD Over 6.5% on a fairly safe £80k investment

Hunter Street, The Mounts, Northampton


This is a nice flat close to town centre that will rent for at least £450 to a nice tenant. I saw it 12 months ago when it was in a state of disrepair - it looks to have been modernised so is offered in a nice condition.


Flats like these make good additions to a portfolio as they are relatively inexpensive, and whilst they have a lease there's rarely a formal service charge - so none of the expenses of a more modern flat.

Ideally I'd like to buy it for £80k, and I don't know if offers are being considered. However it's hard to find good value property in the current market, and this one certainly fits the bill.


Please feel free to email me for further details richard.baker@belvoir.co.uk

Christmas comes early!
SHARE:

Thursday, 21 August 2014

SOLD 1 bed FREEHOLD cluster house, Little Billing

We're advised that this property will shortly hit the market, in good order with modern kitchen, bathroom, and gas central heating. Price £89,995. It will rent for £475, maybe £495.

It's similar to this pictured.

This is a good bet because it's about as cheap a FREEHOLD property as you can get in Northampton. It's very small, but these things are VERY rentable. It's in a decent area too - we can rent to private tenants without any issue. The build is 1980s, so none of the issues associated with Victorian properties.

Please email me without delay about this if interested. You'll need to view immediately, or be prepared to buy on my say so!

richard.baker@belvoirlettings.com




SHARE:
Blog Layout Designed by pipdig