Potential to gain a 5.7% yield on this investment property that’s just come onto the market for sale…
It’s in the Rectory Farm area of Northampton and described as….
A two-bedroom cluster home offered for sale with no onward chain. The accommodation comprises of an open plan kitchen/lounge/dining room with under stairs storage space. To the first floor are two bedrooms and the family bathroom. Windows are double glazed where specified, and the heating is via gas radiators. A rear garden and off-road parking for two vehicles complete its features. EPC: D
It’s on the market with the estate agent Jackson Grundy for £137,500, but I think there could be a deal to be done, as the property does need a bit of refresh looking at the photographs.
A two-bedroom property in the area and in first class condition would rent in the region of £650.00 pcm, which would give you the gross yield of 5.7%! Check out the link below for more details… https://www.rightmove.co.uk/property-for-sale/property-69837163.html