Far Cotton Buy to Let Potential Northampton

I’ve just spotted this property come on to the market and these houses are very popular with tenants due to the location to the town centre as well as the road links and relocation of the Northampton university, so thought it was worth a share.

It looks like a well presented and improvements include a modernised kitchen, four piece bathroom, Upvc double glazing and radiator heating. The rear garden has also been improved with new patio area, large decking area and artificial lawn.

Having crunched some numbers, it looks as though you could potentially get a 5.1% annual return on this one.  It’s on the market for with Horts for £169,950, which seems a fair-ish price and these properties generally rent for around the £700.00 – £725.00 pcm mark.

For more information this is the link to the property details on Rightmove:

http://www.rightmove.co.uk/property-for-sale/property-62683783.html 

I would love to hear your views