further is that they are looking for yield and steady capital growth over the next 5-7 years. This two bedroom ex-local authority flat on the 8th floor is being offered for sale at £400,000. This represents good value for the area, on the market through local agent, Prestige Capital Properties.
The block is well maintained and has a lift, internally its a generous 750 sq ft or so and in need of some cheering up. The two double bedrooms make it ideal for the sharers (professionals or students) and its location ideal for commuting as its just a moments walk to Swiss Cottage tube on the Jubilee Line, the views are bad either. With some cosmetic improvements this flat will rent for £1735 per calendar month, which again, is good value for the area, ensuring a high occupancy rate. This will give you an annual yield of 5.5%, well worth a look round.
http://www.zoopla.co.uk/for-sale/details/36070156
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.
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