Good morning everyone….
Today I am sharing with you this property for sale by Public Auction….
A two/three bedroomed mid terraced property situated in the popular location of The Mounts. The property is currently let on a periodic assured shorthold tenancy and the current tenants are using the second reception room as a further bedroom. The accommodation needs updating, comprising entrance hall, lounge, dining room/bedroom three and kitchen with two bedrooms and a bathroom to the first floor, with a garden to the rear.
The potential rent is £675 – £750 per calendar month, generating a potential yield of 5.25%.
There is a new Aldi and Lidl due to complete construction within the next month which will offer grocery shopping on the doorstep and the New University campus is within walking distance.
The Public Auction is on Wednesday 21st of November 2018 at the Hilton Hotel, Collingtree, Northampton.
GUIDE PRICE: £135,000 to £155,000
VIEWING TIMES: 03/10 14:00 to 14:30, 10/10 14:00 to 14:30
If you take the plunge please let me know how you get on.