6% + Buy to Let Deal Northampton

What about a one bedroom cluster property for your investment purchase, it would make a great addition to a portfolio or just a great way to get onto the buy-to-let property ladder for a beginner…

A modern cluster property, situated in the popular Little Billing area, with good access to Weston Favell Shopping Centre. The accommodation comprises entrance into sitting room with spiral staircase to first floor, fitted kitchen, one bedroom and a fitted bathroom. Outside is a front garden, enclosed rear garden and a driveway to side leading to a single garage. Further benefits include uPVC double glazing and no upper chain.

The rental value today would be around £595pcm, so if you paid the full asking price O’Riordan Bond have put on it at £117,500, this would give you a gross yield of over 6.0%, not bad given that the property is freehold so there shouldn’t be any service charges or ground rents to pay.

Check it out on Rightmove using this link…

https://www.rightmove.co.uk/property-for-sale/property-74298950.html

For more information on buy to let or the Northampton property market give us a call on 01604 607080.

 

 

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