Property Advice

Friday 30 January 2015

The profit is in the puchase, and its just moments to Chalk Farm Tube

In the last 12 months prices in the Belsize Park area had risen by an average of 12% which was good news for end users and investor landlords alike. That said, the only down side for buy-to-let landlords looking to grow their portfolio is affordability,as buying at the right level is the essence of property investment. With prices for flats in some of the desirable blocks at an all time high, capital gains are great, but yields can be low.

So where to next? with my eye prices and local market trends,the pocket of roads around the southern side of Haverstock Hill are an undervalued corner of NW3 that is selling well.Price growth here will be steady, though rental property gets filled quickly and the occupancy rates are high,as its good value for the area- so you can avoid the void!  

Looking around I came across this well proportioned flat in a block on Maitland Park Road. With a generous living room, leading out to a balcony, separate kitchen eat-in kitchen and double bedroom it ticks all the boxes for prospective tenants. It's on the market with London Residential for £315,000.This flat will rent immediately and you can expect to achieve £1,410 per calender month, that's an annual yield of 5.6%. It will get snapped up pretty quickly i expect, so i would get in contact with the selling agent for a look round.










If you are looking for an agent with experience that can help you find the right tenant for your property, then contact us to find out how we can get the best out of your investment property. Email me on chris@ashmoreresidential.com or give me a call on 020 7435 0420. Pop in for a chat – we are based on Ashmore Residential, Suite 7, 25-27 Heath Street, London, NW3 6TR. The kettle is always on.

Don't forget to visit the links below to view back dated deals and Hampstead Property News.


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