SOLD - ABINGTON - nice 2 bed house - tenanted - £147,500

This is a nice one - a 2 bed house in Abington (and it actually is Abington!) that's already tenanted at £650 per month. The house is in good order and will be coming onto the market at £147,500 soon! Clearly this is one of the nicer Victorian areas of town and is priced accordingly. 

SOLD! £80,000 apartment with 7%+ return

We've just been instructed on this 1 bed apartment which needs a nominal spend to get it tenantable, and with rent thereafter for £475 - an ideal opportunity if you're shopping on a budget!

110 years remaining and charges of £650 per annum which is quite low for a freehold. It will be advertised tomorrow if it doesn't sell today!

It's actually in a half-decent area of town too - not an area where we struggle for tenant quality - this will rent EASILY!

richard.baker@belvoir.co.uk 

SOLD Freehold 3 Bed Terrace, £725 rent and £145,000 - The Mounts, Northampton

Lovely freehold opportunity offering 6% returns - 3 bedroom end of terrace in The Mounts, close to the town centre in Northampton. Will rent for £725 PCM to a quality working tenant.

Decor will probably need neutralising but there is a decent kitchen and bathroom.

Any queries please ask.

For full details please click this link, contact the selling agent directly for viewings:
http://www.zoopla.co.uk/for-sale/details/36239715#kAGVCEDmCee32VUo.97

SOLD Over 7% for £115,000 - A 2 bed TENANTED apartment

After a quiet few weeks - where there's been literally nothing worth blogging about - we're starting to see a few things come to the market which will be of interest to investors. 

This is one such - a 2 bed apartment at the quality end of the market that's tenanted already at £700 and sold with the tenant in situ. Advertised at £118,000 - we believe £115,000 may clinch the deal.

We've had it rented for a number of years and a number of tenancies. It's never been empty for longer than 7 days. 

Purchase Price	£115,000	Headline Return	7.3%
Rent	£700.00	Return after Service Charges	6.3%

• Lease 117 years. Charges of £94 per month - so still a 6.3% return after charges. 
• Note that this is a FURNISHED apartment. About £50 per month of rent relates to the furniture - so you need to maintain the furniture or accept the rent will drop when the furniture goes!

richard.baker@belvoir.co.uk if you're interested please.