Baker Street Deal Of The Week

Good morning Northampton,

Available to the market currently is this 3 bedroom terrace home for sale in Northampton which retains many original features and is in a condition suitable to let out right away. Of course a viewing is recommended to determine this. The property is on the market with Connells and this is what they have to say about it:

“A THREE BEDROOM house in Semilong situated in close proximity to the TOWN CENTRE and Northampton TRAIN STATION. The property is available with NO ONWARD CHAIN and an early viewing is essential to avoid disappointment. Briefly comprising lounge/diner, kitchen, cellar, three bedrooms and a bathroom.” In the current condition the property is I feel that you could achieve a rent of £800 pcm.

Purchasing this property at asking price of £160,000, you could be achieving a yield of 6% which is a strong yield for a terraced home in Northampton. If you was to spend some money on the property to modernize it is some areas, a higher rent could be achieved and with this, depending on the cost of the refurbishment, then so could the yield! If you like the look of this property in Northampton, please see the link below an do give the agents a call: https://www.rightmove.co.uk/property-for-sale/property-79256948.html

I would love to hear your views

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