5.4% Return for Far Cotton Northampton

I’ve just spotted this property come on to the market and these houses are very popular with tenants due to the location to the town centre as well as the road links, so thought it was worth a share.

I can’t comment too much on what it’s like inside as there are no internal images, so I could be taking a bit of a chance, but given the price, I would hope there’s not too much to be done, perhaps the agent are waiting to get in to take the internal photos!

Having crunched some numbers, it looks as though you could potentially get a 5.4% annual return on this one.  It’s on the market for with O’Riordan Bond for £154,995, which seems a fair-ish price (depending on what its like inside!) and these properties generally rent for around the £700.00 pcm mark.

For more information this is the link to the property details on Rightmove:

If you have any questions about buying to let, feel free to e-mail me at katherine.bond@northwooduk.com

I would love to hear your views

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