Good morning everyone, I hope you all had a great weekend!
What a great one to start the week with…….. demand for good quality properties like these is high at the moment and with stock in short supply it’s a great market for landlords!
This house is on the market with Connells for £137,500 and it looks in really good condition. I reckon the current owners have spent a pretty penny bringing it up to this level, so it should be letting ready on purchase.
Similar properties to this have rented around £650.00 – £695.00 pcm, so you could be looking at a potential annual yield of between 5.6% & 6.0%.
If you spot any other properties that you think might be a good bet and want an idea of what the rental amount would be, or would just like a second opinion on whether it is a good buy to let option, please do feel free to drop me a an email at Northampton@northwooduk.com