Northampton BTL Opportunity

Happy Friday all, for you this week I have a three bedroom home available in a popular rental area of Northampton. The property is on the market with William H Brown, see what they have to say:

“A mid terraced three-bedroom property situatedwithin close proximity to the Weston Favell shopping centre. The property comprises storm porch, entrance hall, cloakroom, lounge, fitted kitchen/diner,three bedrooms and bathroom. Outside are gardens to the front and rear.”

I would recommend a light decoration throughout with neutral décor to help with the curb appeal, however this should not be any more than £5,000 if you was to carry out some refurbishment.

Let’s base this on worst case scenario that you are to spend £5,000 on home improvements, this would mean that you are all in for £145,000.

With a rental figure achievable at £750 pcm, this would mean you could achieve a yield as high as 6.2% and potentially higher if you was to spend less on the property!

This is a lovely return to consider for on a Northampton property.

If you like the look of this potential deal, take a look with the link below: https://www.rightmove.co.uk/property-for-sale/property-58613580.html

I would love to hear your views

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