Primrose Hill Road NW3 2 bedroom flat with a good return

Have you got that Friday feeling?.....................

Having a little browse through the local market this morning i came across this 1st floor two bedroom flat just a few minutes walk to Primrose Hill Park. It's in pretty decent condition throughout and with the exception of the gold bathroom accessories, little needs to be done cosmetically in preparation for the rental market.

There are two generous bedrooms, separate well equipped kitchen and good size living room with space for dining.The location is great with the local shops on England's Lane just across the road, three local tube stations and the open spaces of Primrose Hill Park. The other added benefit is the off street parking which is worth its weight in gold for property in urban locations. 

http://www.rightmove.co.uk/property-for-sale/property-49999529.html

I would suggest a rental of figure of £2492 per calender month, compared to the asking price that gives you an annual yield of 5.4%.Being in a block, there are the service charges and ground rent to consider,though the area is known for its staying power.Therefore,the expected high occupancy rate will have a strengthening effect on the yield over the lifetime of the investment.

2 bedroom flats are a good bet for investment as there is always call for them, no matter what is happening in the local market. 

If you have any questions or need advice about what to purchase for Buy-To-Let investment, feel free to call in and see me in 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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