What about a spacious three bedroom home for your next investment property?
Well if that’s the type of thing you want, this property may be what you are looking for…
A spacious three double bedroom house offered in excellent condition, located at the end of a cul-de-sac in this popular residential area, boasting a partly converted garage allowing for a large kitchen/diner. The accommodation comprises in brief; entrance hall, lounge, kitchen/diner, with three bedrooms and a bathroom to the first floor. The property also benefits from UPVC double glazing, gas central heating, front and rear gardens, off road parking, and a garage (partly converted).
This location is great for families, which is exactly the type of market you would appeal to if you bought this house to let out and looking at the photos it looks in immaculate condition and well maintained by the current owners.
It’s on the market with Horts Estate agent with a price tag of £199,995, now it’s not the cheapest in the area but justified given the condition! So what rent can you get – I would suggest an marketing price in the region of £850.00pcm on this one, which would generate a yield of 5.1%, not the highest of yields but reasonable and definitely a property to watch for capital growth!
If you would like any other advice on rental investment in Northampton or if you have a buy to let question, please feel free to give me a call on 01604 607080.