This morning I've come across this modern two bedroom ground floor apartment being sold with a tenant in situ and
advertised as **INVESTORS ONLY** so I thought it would be worth a mention today!
It’s in the hot spot rental area of The Life Building in St James, Northampton
and is marketed for sale with William H Brown.
Unfortunately I cannot see on the advert how much rent the current tenant
is paying, so a call would need to be made
to them to check that out. In today’s market, the rent should be in the region of £695.00 pcm which
would offer a very respectable return of 5.9% per annum based on the asking
price of £140,000.
I have
suggested properties with tenants in situ in the past, and would say it's quite
a straight forward process but make sure you have a good agent managing it for
you!
This is the
link to the Rightmove advert, but if you’re interested give the selling agent a
call….
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