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Desirable NN3 Northampton, Northamptonshire Area! IN YOUR STREET, Hamsterly Park, NN3 8
- Jordan Smith
- Jul 2
- 2 min read
Welcome back to another In Your Street. This week, we're covering a popular Northampton, Northamptonshire property in the NN3 Northampton area in Southfields. They've been enjoying Northwood Northampton's Guaranteed Rent for a number of years, taking advantage of their rent being covered during void period.
With the length of void periods increasing larger and larger (source: DataLoft), it's important to make sure your property is protected for these long stretches of vacancy. On average in this area, you'll find void periods last for 21 days - almost a full month. As we'll discuss, you can still achieve some solid long-term rentals in this area, but taking into account these in-between periods is an important thing to consider as a Landlord.
For home owners, the market is popular and healthy, with a large variety in homes, consistent sales, and also strong long-lasting communities.
Popular Northampton, Northamptonshire Area: NN3
In saying that, don't go thinking that this means this area isn't sought after! With amazing travel links, connections to schools or the popular holiday area of Overstone Park, you'll find a number of features that add to the value of properties int his area, for both sales and lettings alike. With 60% of homes being owned, it's a fantastic area for long-term families looking to settle down.
In the past year in this postcode there's been 89 recorded sales, with a strong majority being houses. A terraced home averages at 195k semi 235k. Detached 325k The avg. price for square for £257k, which is a 7.2% increase year on year. On a national level, house prices have increased by 3.5% year-on-year, making it a good investment as well. All good statistics for a healthy market.
NN3 Rentals
In regards to the rental sector, similar to our other videos of this area, tenants look to rent for a long periods of time due to the local community. Meaning this makes for a great investment area. , and a majority being houses, you'll get plenty of families looking to settle down. Although the statistics saying only 16.2% rent a property in the NN3 area, it
Official statistics show houses go for around £1,000, though of course this is variable dependent on the condition of the home. In the case of this property in Hamsterly Park, it has successfully achieved £1,000 as a 2 bedroom home before and is on the market for the same currently.
For further information on the market, download the full market report for FREE.
Interested in this property, Guaranteed Rent, or having your street valued?
Get in contact with Northwood Northampton Letting Agents today!
01604 607080
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