Investment Opportunity In Northampton

On the market with Horts Estate Agents is this three bed terrace home in the St James area of Northampton – Check out what Hortz have to say about it:

“ A three bedroom mature terrace property situated in the popular residential area of St James, Northampton, just a short walk to Northampton’s new railway station. The accommodation briefly comprises; entrance hall, lounge/dining room, kitchen, bathroom. To the first floor are three good size bedrooms. Externally there is a courtyard style rear garden. The property has been re-roofed and re-wired by the current owner and is offered with no upward chain “

I would say looking at the photos, this property requires little work to it, perhaps an update to the kitchen The bathroom may require a fix up due to there being no photo provided. If you was to do some work on it, I would say no more than £5000 maximum would be required.

I would say it is fair to expect to rent this property out comfortable for £850 pcm.

If you was to purchase this at the asking price of £179,995 you could achieve a return of your money 5.6%.-Not a bad investment to add to your Northampton property portfolio!
Check it out here: https://www.rightmove.co.uk/property-for-sale/property-71389532.html

I would love to hear your views

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