Fantastic Buy to let investment – near to the Race Course Northampton

This property has caught my attention today, as it appears to tick all of the boxes for a good investment property, whether you’re a first time landlord or an existing investor who wants to add to your portfolio.

It has been placed on the market today, by Connells for Offers over £115,000.

It may need some cosmetic work doing to it, but the kitchen looks as though its fine with the units that are currently in there and the bathroom is listed as having a white suite, so a good decorate and new carpets and flooring throughout should do.

These houses rent in the region of £650 – £700 pcm, so when we look at our sums, even if you spent £10k on the house, you would be looking at an annual yield of between 6.2% and 6.7%!

http://www.rightmove.co.uk/property-for-sale/property-49218095.html



 

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