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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