Hello everyone… I hope this wet weather we have today doesn’t plan on staying the whole weekend!
Anyway whilst I’m sat in the lovely dry and warm office I have come across this property for sale with the Northampton estate agent Your Move.
It’s a spacious family sized home, located in a good area – the suburb of Kingsthopre, but it does need some work… Neutralise the décor is a must, replace the carpets, maybe modernise the kitchen and tidy up the garden and it would make you a great rental.
The price tag on this one is £150,000 and then there’s the cost of the modernisation to consider, let’s say £10,000 for the above, but once it has all been done you could easily put it on the rental market for £850.00pcm. This would result in a yield of around 6.3% – not a bad yield for a Northampton buy to let property.