Investor Alert Northampton + 6% Return

This is a pretty good return for an investment property with a relatively cheap purchase price…

It’s another apartment, but this time we’re on the other side of Northampton at Howards Way, which is near to Moulton Park.

It’s on the first floor of this purpose built block and has two bedrooms, admittedly the second bedroom doesn’t look too big, but could be useful for a professional person wanting an office space or perhaps a couple with baby.

It has just come to market with Stonhills in Northampton with an asking price of £135,000 and I would expect this property to achieve in the region of £695.00 per month, so when we work out the annual yield you could be looking at a gross return of 6.1% – what are you waiting for!

I would love to hear your views