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This week, we're In Your Street in the NN1 3 postcode area. Filled with investment opportunities, there are fantastic properties if you're looking to Buy to Let.
Just off the market, this property on Poole Street is a spacious modern two-bedroom mid-terraced house located in the popular area of The Mounts.
Downstairs is an open-plan living/dining room area and a kitchen. Upstairs is a three-piece family bathroom and two bedrooms.
To the rear is a private low-maintenance garden and the parking is on-street.
This area boasts great walkable travel routes.
5 minutes from the main town, round the corner from a large Aldi and not too long a walk from the bus station and train station, you’re also just behind The Racecourse; if you’re looking for a location that doesn’t require a car, then this is the right place.
Being in such a tight proximity to the town centre, you won’t really find many detached for semi-detached homes, you’ll primarily find Terraced homes and flats available for purchase and rent.
In the last 12 months the average priced achieved was:
69 Terraced Homes for £187,000
16 Flats for £142,000
The most expensive property in this area was 225,000 for a flat and 345,000 for a house.
The average price however would be more around 176,000. Still very strong for properties in such close proximity to the town centre.
You’ll find a striking 72% of residents are renters – so this area is an investors dream.
You’ll find a range of properties in this area, from student accommodation to single flats to larger houses like this one on Poole Street.
Student accommodation and house shares are quite frequent in this area due to the larger terraced houses being converted into HMOs to go after demographics who are more likely to seek accommodation with easier walkable links, so our rental reports are a bit skewed by this.
You’ll find an average of these homes going for £670, and independent flats going for around £870 when taking these into account.
In general though, for larger properties, like this one, you’ll find it a closer to prices upwards of £1000. On the full video you can find examples of properties being rented for this price.
And some of the recently renovated flats can also achieve similar prices.
Looking for us to viist YOUR street? Get in contact with our expert Northampton Agents today!
01604 607080
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