Clipper Style Property
Positioned on a corner plot is this one bedroom clipper style home that has been remodelled to make the most of the open plan living space and allow for a full sized bath in the bathroom. Ideally suited towards an investor or first time buyer, the neighbourhood of Watermeadow offers easy access to the A45 and A43 ring roads and is nearby to Weston Favell with lots of amenities on offer, including supermarket, leisure centre, schools and doctors.
The modernised layout comprises of entrance area, with a useful storage unit neatly tucked under the repositioned staircase, the lounge/dining area us opens on to the modern fitted kitchen and bathroom is also on the ground floor. Upstairs is a bright and airy mezzanine bedroom with fitted wardrobes and lots of light coming in through the Velux style roof window and main bedroom window. Externally there is a driveway providing off-road parking for two vehicles and an enclosed garden.
So what are the figures looking like…..
The purchase price is £124,995 and the potential rent would be in the region of £575.00 – £595.00 per month, so this would see a nice easy return of 5.5 – 5.7%!
Being at the cheaper end of the market and the fast paced market we are currently in I do not anticipate it being available for long so if you’re interested in this property please get in contact with Northwood the Northampton estate agent selling this property on 01604 607080