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Sourcing genuine below market value property and sharing my property investment tips since 2007
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Jeff Djevdet
Hi I'm Jeff Djevdet and welcome to my property investment blog.
I am the director of Pure Acquisitions and here on my property investment blog you will find the regular investment properties that I source, my views on the property market and other property related articles.
You can find me on Google +, Facebook, Twitter and LinkedIn where I also post my below market value property and property investment tips.
Please feel free to contact me during normal office hours via any of these mediums or using the good old fashioned telephone!
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Below Market Value Property in Northampton, Northamptonshire 19/07/2012
20% Below Market Value Property In Northampton, Northamptonshire
I am happy to offer this 20% below market value property in Northhampton. For further information or details on how to secure this property today, call us now on 01903 868 597.
Property Description
A two bedroom, semi-detached bungalow situated in the North of Northampton town centre. Benefits include an extended kitchen, double glazing, gas-central heating, off-road parking and garden to the front and rear.
Financial Information
Appraisal: £130,000
Purchase Price: £104,000
Estimated Discount: £26,000
Estimated Rental Yield: 6.9%
Rental Estimate: £595 pcm
Estimated Solicitor Cost: £1,000
Area Information
Northampton is a large market town and local government district in the East Midlands region of England. Situated about 67 miles (108 km) north-west of London and around 50 miles (80 km) south-east of Birmingham, Northampton lies on the River Nene and is the county town of Northamptonshire. The demonym of Northampton is Northamptonian.
Original settlements in Northampton date back to the 6th century. Its modern development is largely due to its rapid population increase since the 1960s after a planned expansion occurred under the New Towns Commission in the early 1970s. In 2001, its urban area population was 197,199 while its town population was 189,474, making Northampton the 27th largest settlement in England, and the UK’s 3rd largest town without official city status after Reading and Dudley. Northampton is the most populous district in England that is not a unitary authority, a status it failed to obtain in the 1990s local government reform.
Other Properties That Have Sold In The Area
Property One
Property Type: semi-detached
Date Sold: 2nd November 2011
Price: £122,000
Property Two
Property Type: Semi-detached
Date Sold: 10th September 2010
Price: £130,000
Property Three
Property type: Semi-Detached
Date Sold: 14th May 2010
Price: £127,000
This information gives an idication of prices achieved within the area. The most up to date information available to us is used but do be aware that some transactions may be quite historic.
