script src="https://ajax.googleapis.com/ajax/l The Northampton Property Blog: Sold Subject to contract in 24 hours 6.6%

Monday, February 1, 2016

Sold Subject to contract in 24 hours 6.6%


Today I am sharing with you a property, which we have sold with in 24 hours of listing it for sale!

It’s an apartment in the sought after Abington area of Northampton, within a former shoe factory, so a property with a bit of character!

We have sold it to one of our investors with the tenant in situ and the reason I’m sharing this one with you, even though it’s sold subject to contract is;

Firstly I wanted to show you how well the yields are stacking up on apartments right now in Northampton;

This one is currently being rented for £550.00pcm, so if we work out the yields on the asking price of £99,950.00 it gives you an annual return of 6.6%! Now it is a leasehold apartment so there are the usual ground rents and service charges to pay but works out to be a nice little earner!

And secondly to say if you are buyer looking for an investment property, these types of property are selling so quickly so make sure you call us to register your details or if you’re look to sell a rented property quickly to an investor with a tenant in situ, why not pick up the phone and give us a call we’ll talk you through this month’s special offers to list with Northwood!

To take a look at this property I’ve mentioned click on the link here… 

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