script src="https://ajax.googleapis.com/ajax/l The Northampton Property Blog: Wow Northampton Town Centre - 8% Returns...

Monday, November 2, 2015

Wow Northampton Town Centre - 8% Returns...

Good morning everyone, after such a glorious day here in Northampton yesterday, it certainly feels like winters on its way this morning…..!  

I have come across this two bedroom apartment which has been listed on Rightmove for sale and could make you a nice tidy return in the region of 8.0%!

These development of apartments are modern and popular with tenants as they are right in the town centre,  this one in particular comes with parking, an en-suite shower room and a wrap around balcony with views over Northampton!

It's come to market at a price of £90,000 with W H Brown - of course as with any flat, you will need to enquire as to what the service charges and ground rents are before jumping in too quickly, but even if we put a conservative rental figure of £600.00 pcm on this one you can easily return the 8% figure above (before other costs!).

At the moment in, the average yield for Northampton buy to let is probably about the 5% mark, so if you can get a property that can produce you around this, you're not doing too badly! 






If you would like any advice on buying a property to let or property management Northampton, give me a call on 01604 607080.

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