St James Rental Investment Deal

I’ve mentioned St James in Northampton before as a good location for investors, mainly because of the easy access to both the rail and road links and being so close to the town centre, but what about the rugby fans… St James is also home to Northampton Saints Rugby club and this property I’m showing you today is just a few minute’s walk to the ground!!

It’s a two bedroom terrace property and the road it’s positioned on has permit parking, so match days shouldn’t be a problem for parking for the residence of this home! The photographs show it to be well presented, although I feel some redecoration may be required ready for it to be tenanted.

Your Move in Duston, Northampton are the selling agent of this property and they have suggested an asking price of £145,000, which I would agree with.  So what do the rental returns look like; I would put a rental figure on this in the region of £675.00 pcm which would give you an annual return of 5.5%!

I’ve added the link below to Rightmove, but for more info get in touch with the Estate Agent, as these type of properties aren’t hanging around for long at the moment.

If you’re looking for a rental investment in Northampton, or want to know more about buying, selling or renting in Northampton why not give us a call at Northwood Letting and Estate Agent on 01604 607080. 

I would love to hear your views

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