This could be an opportunity to grab yourself a family sized, buy to let property in Northampton…
This particular property has come to the market with Jackson Grundy and has an asking price of £185,995, which seems to me to be fairly reasonable for a three bedroom semi detached house in what looks to be very good order.
We have rented a couple of similar properties in and around this area and you would expect to achieve in the region of £850.00pcm. Doing my calculations, you are looking at a potential yield of 5.4%.
With this style of property, being a family home, means that you will have a lower turnover of tenants, as families generally want to be settled somewhere, rather than moving around every year. This means that that you will save on the letting costs to find new tenants as well. Win win I say.
Click on the Rightmove link for more information..