script src="https://ajax.googleapis.com/ajax/l The Northampton Property Blog: 5.7% Wootton Apartment with a Private Garden

Monday, November 17, 2014

5.7% Wootton Apartment with a Private Garden

This property looked to me like it could be a good bet. These modern apartments in Wootton are always popular with the professional tenant market, singles or couples due to the commuter links to M1. 

It has come on the market today with Connells at £124,950 and I wouldn't expect it to be around for too long.  Its got its own private garden which is rare for an apartment in a purpose built block and has parking too!

Bearing in mind the rental price on this would be £595 pcm, even if you do have to pay the full asking price, you are still looking at an annual return of 5.7%, which isn't too shabby.  This of course doesn't take into account any service charges or ground rent etc, so make sure you do some research before jumping in feet first.



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