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, 17 October 2014

CHEAP CHEAP! Why has no one bought this?

£120,000

Come on ladies and gents - this hasn't sold yet and there's no logical reason why. People contact me constantly and say they want something that's a bit underpriced and this certainly is - my landlord just wants rid!

It's a tenanted 3 bed house in FAR COTTON. It may not be beautiful but it's solid and already rented, It could do with improvement in places, but there's nothing major. The current rent is £550 - that's because the current owner doesn't push things too much - it should be at least £600.

Get on rightmove and check the price of other 2 and 3 bed houses in the locality. You'll find this is about £15k lower than the rest. Amazed it hasn't sold - there's a definite opportunity for someone. Now £119,995 to get rid!


SHARE:
Blog Layout Designed by pipdig