My buy to let suggestion today is this lovely apartment set in the select and unique development adjacent to the historic Thornton Park in Northampton.
It’s a spacious two bedroom apartment with an en-suite bathroom, and looking at the photographs the condition looks to be extremely good– great for a quick turnaround to let out!
I would expect a property like this to be let for at least £750.00 pcm; Now Your Move are advertising this one with an ‘offers over’ asking price, so to calculate the yield I have based it on this figure of £137,500, so if you manage to negotiate a deal at this price – your yield could be as high as 6.5%!
As with any leasehold property, make sure you check out what the service charge information is as this will have an effect on your overall return.
I have put the link in below for this one…
If you would like any advice on a particular property you have seen and you would like an honest opinion on what it would rent for, feel free to pop an email over to me with the link to Northampton@northwooduk.com,