3 Bedrooms with a 5.8% yield in Northampton

Happy Friday everyone, as the month of May draws to a close I have another buy to let investment deal to share with you!

Marketed with Your Move it’s a three bedroom semi-detached property, which are in great demand for tenants at the moment. Described as follows: 

Situated on a cul de sac in the sought after Ecton area is this three bedroom semi detached house. The property has a single garage with off road parking for two cars and has a rear garden that enjoys a good level of privacy. The property is entered via an entrance lobby with doors leading to the lounge and kitchen.The kitchen is fitted with base and high level units has a tiled floor and doorway leading to a separate dining room with french doors leading to the rear garden.The lounge is a good size room with stairs leading to the first floor landing. Upstairs there are two double bedrooms and a single with a recently re fitted bathroom. The house is double glazed with gas radiator heating and the heating is on a service contract with British Gas. EPC Rating C.

The asking price for this house is £155,995 which seems to me to be a realistic price, but it’s always nice if you can get a bit off so if you could purchase it for say £150,000, you would achieve rent in the order of £725.00 pcm, then your return would be 5.8% – not bad! 

I would love to hear your views

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