Buy to Let Apartment Northampton

This is a lovely looking apartment set on the Upton development of Northampton, so offers easy access to the M1, A45 and A43, while also benefiting from immediate access to a variety of restaurants, shops and supermarkets.

 

The internal accommodation comprises entrance hall, very spacious living / dining area, open to a modern fitted kitchen (with integrated dishwasher, washing machine and cooking appliances), two double bedrooms and a bathroom. Allocated parking is positioned behind secure electronic gates, while a secure bicycle store is also available.

 

It has just come on the market for sale and working out some number it looks to me to be a good investment, especially as the condition looks fantastic you shouldn’t need to spend any money improving the property.

 

So what are the figures; it is on the market for £175K and properties like these can rent for around £750.00 per month. This coupled with the purchase price would deliver a respectable yield of over 5%.

 

The agent has also noted the lease information, which is great as these figures will also need to be considered with your final calculations.

 

This is the link to Rightmove, where you can find more information and agents details….

http://www.rightmove.co.uk/property-for-sale/property-69345554.html 

I would love to hear your views

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