Buy to Let Cottage Northampton

An ideal investment or first time purchase opportunity situated in the ever popular and vibrant Moulton Village… is what the Northampton estate agents ‘Jackson Grundy’ say about this property;

http://www.rightmove.co.uk/property-for-sale/property-49502469.html

I have to agree the charming stone and brick cottage would make a great investment property with tenants in high demand.

The accommodation is set over two floors and comprises of a lounge, kitchen with integrated oven, hob and extractor, refitted ground floor shower room and two double bedrooms to the first floor. Benefits from UPVC double glazing and gas central heating.

It’s priced at £149,995 and I would say £650.00 pcm would be realistic price to expect in monthly rent to attract a long term tenant.

So if we work out the yield based on these figures your annual return should be between 5.2% – not bad to bag yourself a tidy village cottage!

 

I would love to hear your views