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Market Thoughts: Busy time for investors in housing market

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The housing market in Northampton is still relatively buoyant .There are definitely some offices and areas of the market which are busier than others.

There is no doubt that the investor market across Northampton is busy. Good investment properties will give you between six and eight per cent yield – which is a much better return than you would get if that money was invested elsewhere.

Different parts of Northampton are proving very popular with investors. Kingsthorpe always has good demand for investors targeting the student market, Abington is always an area that sees good demand from professionals in both the private and public sector (for example staff at Northampton General Hospital) and the east side of Northampton sees good demand from good quality prospective tenants for all price ranges.

O’Riordan Bond staff are very experienced in understanding an investors criteria for buying property – whether it be the first property bought or a property bought to add to a portfolio already of a significant size. Across our Northampton branches each Manager has an average of fourteen estate agency experience and this experience married with continuity of advice means we are able to work with investors not just selling property in the short term but building strong medium-long term relationships.

This week for example across Northampton we have 12 different properties to investors will rent them out through O’Riordan Bond Lettings and instruct our Property Management arm to look after them once a tenant is secured – this One Stop Shop service is proving increasingly attractive to investors who are in full time employment and need to out source a lot of the day to day running of their property sourcing and property portfolio

Other parts of the local housing market are also busy. We are seeing great demand for property to the south east of Northampton. Areas such as East and West Hunsbury, Wootton Fields, Grange Park and Upton are in good demand and our branches at Grange Park and Hunsbury work closely to ensure properties in these areas receive marketing impact through O’Riordan Bond that they would not received through other non local estate agents.

Properties with a value in excess of £350,000 are also in good demand. Correct pricing is important but if a property in this price bracket comes to the market correctly priced and correctly marketed then there are good quality buyers looking to purchase in a position where they can proceed. Our specialist Town and Country Department allows O’Riordan Bond to combine a bespoke service with market impact - a combination that is so important in the current market. With Christmas fast approaching there is still time to purchase either your nest home or next investment property so please call your local O’Riordan Bond branch now.




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