Here is easy potential to gain a 6% yield on this investment property I’m ending the week on…
It’s in the Overstone Lodge area of Northampton and admittedly the area isn’t everyone’s cup of tea, but is turning out to be a nice little investment area as it is generating some interesting yields.
It’s on the market with the estate agent O’Riordan Bond for £124,995 and is described as having a refitted kitchen, enclosed garden and with no upper chain, that is always handy for a BTL purchase.
A three bedroom in this sort of area and in the condition of this one would rent in the region of £725.00pcm, which would give you the gross yield of 6.96%!
Check out the link below for more details…and have a nice weekend.