House For Sale £245,000
Yieldit is pleased to bring to the market this ready-made buy-to-let investment opportunity yielding 5.54% net with scope to increase. The terraced property offers an abundance of flexible living space spread across three floors; on the ground floor, there is an entrance porch and hall, cloakroom, dining room, kitchen and rear porch. On the first floor there is the lounge, fourth bedroom and family bathroom and on the second floor are the further three bedrooms. Externally there is a low-maintenance rear yard, driveway with space for one vehicle and a large garage. Subject to the necessary consents and with some slight refurbishment, this offers fantastic potential to be a lucrative HMO.
Darwin Walk is just 3 miles from Northampton’s bustling town centre which has something to offer for everyone with a wide selection of restaurants, pubs, coffee shops, historical attractions, beautiful scenery, shopping and leisure facilities and cultural and entertainment venues. Northampton offers the ideal combination of urban life and peaceful countryside boasting plenty of green spaces to explore, making it the perfect residential location for residents. Transport links are fantastic with fast and frequent services from its ultra-modern £20 million station to nearby towns and Milton Keynes, Birmingham and London Euston. It's also a famous University town, The University of Northampton’s modern waterside campus is where 14,000 students are based.
Investing in Northampton is a great idea, in 2020 it was named by Experian as one of the best places in the UK to start a business, it attracts many entrepreneurs and is where several big businesses such as Avon Cosmetics, Blacks Leisure Group, Barclaycard, Carlsberg UK and Nationwide Building Society are based. This contributes to its growing economy and creates employment opportunities meaning there will always be a high demand for rental properties and a buoyant property market making it an ideal location to invest in property.
Financial Breakdown
Gross rent: £14,136
Net income: £14,136
Gross yield: 5.77%
Net yield: 5.77%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-18312
Darwin Walk is just 3 miles from Northampton’s bustling town centre which has something to offer for everyone with a wide selection of restaurants, pubs, coffee shops, historical attractions, beautiful scenery, shopping and leisure facilities and cultural and entertainment venues. Northampton offers the ideal combination of urban life and peaceful countryside boasting plenty of green spaces to explore, making it the perfect residential location for residents. Transport links are fantastic with fast and frequent services from its ultra-modern £20 million station to nearby towns and Milton Keynes, Birmingham and London Euston. It's also a famous University town, The University of Northampton’s modern waterside campus is where 14,000 students are based.
Investing in Northampton is a great idea, in 2020 it was named by Experian as one of the best places in the UK to start a business, it attracts many entrepreneurs and is where several big businesses such as Avon Cosmetics, Blacks Leisure Group, Barclaycard, Carlsberg UK and Nationwide Building Society are based. This contributes to its growing economy and creates employment opportunities meaning there will always be a high demand for rental properties and a buoyant property market making it an ideal location to invest in property.
Financial Breakdown
Gross rent: £14,136
Net income: £14,136
Gross yield: 5.77%
Net yield: 5.77%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-18312
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