For this Friday deal I have this modern already beautifully presented 2-bedroom apartment ready for a tenant to move in right away! The property is on the market for £120,000 with W H Brown. See what the agents have to say about it:
“**DUPLEX APARTMENT** This upper floor duplex apartment is brand new to the market and situated in the heart of the town centre. It is unique in style with accommodation across two floors and a feature spiral staircase. Viewing is strongly advised.”
The also advised that:
“Lease details are currently being compiled. For further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.” It is very important to take into account and looking into the lease information to ensure that the lease does not require renewing as this could affect your figures. The agents selling the property, should be able to assist this for you.
The property is ready for a tenant to move in from the word go, so you could be all in on a ideal rental property for the price of just £120,000.
The property is located in the heart of Northampton with easy access to everything from the towns local market, banks, shops, cafes, restaurants and bars. The towns bus station is only a minutes’ walk away for access all over town. There are Easy access to the M1 via the A45.
Taking all of these point into consideration as well as the stunning condition of the property, I would expect this property to rent out for £750 pcm.
With a rent achievable at £750 pcm and a purchase price of £120,000, a yield of 7.5% could be achieved!
If you fancy a piece of this in your portfolio, please check the link below an don’t forget to call the agent for further detail: https://www.rightmove.co.uk/property-for-sale/property-69169006.html