Potential landlords… I was taking five minutes to have a look to see what properties have come up on the market over the last few days for sale here in Northampton and this apartment has popped up and would be great for buy to let with a very decent yield too.
It’s a two bedroom with an en-suite, so could be great for a professional couple of sharers. It’s on a modern development near to the town centre, and road links the A45 and the M1 are just a few minutes’ drive away too. Northampton railway station is approximately a mile away with fast links in to Birmingham or London Euston too.
The selling agents are Stonhills and they have put this property on the market with an asking price of £120,000. So when you look at the potential rental amount of £695.00 pcm you could be looking at an annual yield of 6.9 %. This is of course before you take into account any service charges or ground rents, so make sure you get this information from the agent before diving in.
If you would like any advice on buy to let, please do not hesitate to contact me, I’m always happy to answer any questions you may have. 01604607080.