Turnkey Investment Northampton

Hello to all you potential landlords….

On my browse of the property portals this afternoon I have spotted this apartment set within a period property for sale in Semilong in Northampton – a popular spot for tenants due to the location to amenities like the train station and town centre.

http://www.rightmove.co.uk/property-for-sale/property-64567129.html

Looking at the photographs, it has been refurbished by the current owners, so there’s nothing for you to do to rent it out and would be a turnkey investment!

Your Move are the selling agents and they describe the property as…

A very well presented one bedroom, first floor apartment, situated within close proximity of Northampton town centre and train station. The property benefits from a re-fitted kitchen, shower room and decoration throughout. On entering the property there is an intercom system and access and stairs rising to the first floor. Off the entrance hall there is a lounge/dining room, bedroom and shower room. The lounge/dining room provides access to a re-fitted kitchen with space and plumbing for a washing machine. The shower room has been re-fitted with a good size walk-in shower cubicle, wash hand basin and wc. The property is offered for sale with no upward chain.

I would say you’d be looking at a rental figure of around £600.00 pcm, which when you compare it against the asking price of £100,000 it would give you an annual yield of 7.2%, so a lot more than the banks are currently offering!

If you’re interested in the property give the selling agents a call and book yourself a viewing!

I would love to hear your views