If you are a Landlords looking for an opportunity to invest in a good little buy-to-let property, then look no further. This one bedroom semi-detached house, in Hamsterly Park, Southfields, NN3 5DX is on for only £134,000 and is ready for tenants to move in.
The property is marketed with Horts and is described as: A rarely available one-bedroom semi-detached freehold house, with the added benefit of off road parking and a courtyard rear garden, recently refurbished throughout to be offered in excellent condition. With accommodation briefly comprising of; entrance hall, lounge, and kitchen, with a double bedroom and bathroom to the first floor. The property also benefits from UPVC double glazing, gas central heating, and no upper chain.
One-bedroom properties in this area have been rented out for up to £650 pcm. This would give you a decent average yield for Northampton of 5.7 %. It is important to remember that long term capital gain can be made on this property too.