Today I bring you another terrace property, this time we’re in Abington in Northampton and as this is currently tenanted we know it makes a good investment!
On the market for £174,950….
Set within a mature row of terrace properties is this two bedroom Victorian property in the very popular Abington area. The property has been updated and extended over the years and yet preserves a wealth of character with features including stripped wooden floor boards and fire places. Abington is a thriving area of Northampton with a variety shops and restaurants a short walk away from the property. The town centre and Northampton general hospital are nearby and there are a variety of schools nearby for both primary and secondary education.
Northwood have been managing the property and the current tenants have been residing there for some years, with a current rent payment of £650.00 and due to the recent upwards shot in rental prices there is room for this to be increased, consequently increasing the 4.5% return to a more healthy 5.5%.
Here’s the link to Rightmove link for more details…