On my morning check of the market, the following property caught my eye…!
It’s a one bed apartment on Palmerston Road, Northampton so is within walking distance to the General Hospital and town centre – perfect for the professional tenant.
The asking price with Harrison Murray is £80,000 and as ever, these properties are in constant demand and will let out all day long for around £525.00 – £550.00 pcm. What’s more impressive, is that it looks to be in really good order and even comes with gated parking.
Now here comes the exciting bit… if we were to calculate the yield based on the £525.00 rent, the yield is an impressive 7.8%, yes 7.8%! But if we stretch the rent to the £550.00 per month mark, we now get 8.2% which is a really serious yield!
Check this one out further by clicking the link below…