script src="https://ajax.googleapis.com/ajax/l The Northampton Property Blog: 7.0% Return in The Mounts Northampton

Wednesday, May 4, 2016

7.0% Return in The Mounts Northampton

What a fabulous day it is today, the sun is shining and today I have this beautiful investment property to share with you.

It’s a studio apartment in Colwyn Road in Northampton; the asking price is £84,995 and it’s being marketed with our friends down the road at Whites Estate Agency.
As ever, these properties are in constant demand for renting and will let out for around £500.00pcm and what’s more impressive, is that it’s been refurbished to a very good standard and has its own private outdoor space, which again will make it very attractive for the rental market.

So what does that make the yield on this property, well if you rent it for the suggested £500.00 and pay full asking you could see a fantastic return of 7.0% before costs!







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