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

Wednesday, 30 November 2016

SOLD ABINGTON : £165,000 for £800 and 5.8%


A bit of pre-Christmas cheer here – with a 3 bed, downstairs bathroom, Victorian Terrace in the middle of Abington – one of the most popular Victorian areas. It’s a little rough round the edges and would benefit from some general improvement which we could easily deal with. Nothing drastic though.
Most importantly it’s very rentable – we’ll get £800 for this fairly easily which means a return of about 5.8% on a freehold property – pretty good these days for one of the better areas.

This property isn’t on the market yet, but will be soon and will sell quickly at that price – there’s no movement on £165,000 – so an opportunity to get in quick if you’re interested. richard.baker@belvoir.co.uk 
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