Landlords looking for the best buy-to-let properties in Northampton should take a look at this ground floor studio flat with the advantage of views of the garden and a 95 year lease left on this property.
The property is marketed with LESS THAN 1%, Northampton and is described as:
Situated just moments from local shops and green open space, this bright ground floor studio flat boasting well-presented neutral decor and nice views overlooking the garden. – Entrance Hall with a Doorway to… Kitchen/Bedroom/Living Room: Window to Side Aspect. Bay Window to Rear Aspect. Kitchen comprises a range of Wall and Floor mounted Units housing Sink, Oven, Hob and Extractor Fan. Space for White Goods and a Shower Room: Window to Side Aspect. Shower Cubicle. WC. Washbasin.
There is a potential to rent this property and achieve £400 pcm. This would give you a high average yield for Northampton of 7.2 %. On a study by Simply Business, Northampton is in the top ten for buy to let areas for capital gain, so when you combine this with a good annual yield, it makes sense to snap it up.