‘Homes under the hammer fans’ as you gear up for the weekend check out this project property…
It’s a three bedroom property in the Poets Corner area of Northampton, which is a great location for both tenants and home owners.
As you will see by the description on the link below, it is in need of refurbishment and modernisation but if you are looking for a full property refurbishment then this could be for you.
It’s for sale with Jackson Grundy and they are holding an open house tomorrow (Saturday 21st of January 201) between 10.00am and 1.00pm.
The guide price is £125,000 and depending on how lavish you want to go, I reckon you could refurbish this property to a good standard for rental for around £15,000 – £20,000, which gives you a total outlay of £140,000 – £145,000. So this coupled with a potential rental of £800.00 per month produces a great yield of 6.6%!
Check out the details on the link below and get in touch with the agent to find out if you have to register for the open house or if you can just turn up!
If you go on to buy this one and want any advice on what to do or not to do, in order to get the best returns please feel free to call me, my advice is free and you can reach me at Northwood Northampton on 01604 607080.