Care to share ?.............great 3 bedroom flat on Adelaide Road NW3

Looking at how the local market is taking shape,I would suggest that rents in the NW3 area will increase on average by 4.5% throughout 2015.This trend is no doubt increasing the cost of housing for individuals,though on the flip side,it's opened up the market creating a strong demand for larger 2,3 and 4 bedroom properties.This type of property attracts sharers and families (these two groups make up around 50% of the market) and brings down the average spend per person, thus addressing the issue of affordability.

I spotted this well proportioned three bedroom flat on Adelaide Road, just a moments walk form Chalk Farm Tube,Primrose Hill and Camden.Looking round, there are three good sized bedrooms, well equipped kitchen and living room with access to a balcony.It's in pretty decent condition,with only minor cosmetic improvements needed in preparation for the lettings market.The location and size of the flat are the two appealing attributes.On the market with Foxtons in Camden, for the full lowdown click on the link below.

http://www.rightmove.co.uk/property-for-sale/property-51120086.html

Compared to the asking price of £649,950,this flat will rent for £2,600 per calender month, giving you a gross annual yield of 5%. As always, size matters and in property,square footage = ££££'s.

My brains are here to be picked, if you have any questions or need advice about the NW3 market, feel free to pop in to our office on Heath Street.
   

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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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