Good afternoon to you all!
I don’t often push our own stuff on my blog, as I don’t want you thinking I’m being biased but I couldn’t let this one pass without sharing with you investors looking for your first or next investment…
It’s a two bedroom apartment just on the edge of the town centre, so ideally located within walking distance to the amenities and Northampton train station. The accommodation comprises of communal entrance, inner entrance with two large useful storage cupboards, open plan lounge/diner and kitchen that has appliances to include an electric oven, gas hob & extractor, washing machine. There are two double sized bedrooms and a bathroom that has a shower over the bath. Further benefits include GCH and UPVC windows.
It is on the market with a very competitive asking price of £105,000; unfortunately the current tenants have decided to vacate the property as the owner is selling, however we are confident of re-letting this one extremely quickly with a price tag of £625.00pcm.
So you could be looking at a huge (for Northampton buy to let) annual gross income of 7.1%. We have been advised by the owner that the service charges currently being paid are a reasonable amount at £103.00 per month. So even with this considered it returns you a gross 6% – not bad!
This is the link for more information on the website
If you do want to book a viewing, give us a call on 01604 60 70 80 with out delay as there is already a lot of interest on this one and I wouldn’t want you to miss out.