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, 27 February 2015

COMING UP! 2 Bed Refurb in Town Centre, £105k Freehold

ADDED VALUE OPPORTUNITY : 2 BED HOUSE, CLARE STREET, THE MOUNTS, NORTHAMPTON, NN1

*We'll be taking this on in the next week or so and are emailing investors PRIOR to advertising. *

This house is in poor condition and some work doing - we haven't had an exact quote but would be around £10-12k. It's the sort of thing we'll turn round in about 6 weeks.

Once finished it's worth £130,000 and will rent for easily £600 PCM. It's going to be coming on the market at about £105,000 and will sell for very close to that.

Clearly it's a great buy for someone - but I understand these things are not for everyone (although I don't understand why!). If you're interested, please get in touch prior to advertising. richard.baker@belvoir.co.uk
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