A local landlord popped in to the office this morning to sign some tenancy agreements and we got chatting about the market as he was looking to purchase a two bedroom flat in NW3.I remarked that there
is always call for two bedroom flats as they provide flexible accommodation and are ideal for either established couples who would like the added benefit of an extra bedroom, sharers and young families.
We were looking on line to see what's new to the market and I spotted this two bedroom duplex flat in a superb location opposite Chalk Farm tube.It's offered in great condition and has been well cared for and modernised by the current owners. Inside, there are two well proportioned bedrooms,a smart separate kitchen, contemporary bathroom and sunny living room with space for dining. The other great thing is that it's got allocated parking, which is a huge asset in this location.
So how much rent will it achieve? I would suggest a rental figure of £2,385 per calender month,giving you a gross annual yield of 5.5%. "What about the capital appreciation"? ,i hear you ask,in this block prices have inflated by 5.9% in the past 12 months or in monetary terms that's £27,500,not bad for starters!
The full details are as below, the flat is on the market with CH Peppiat, just a minutes walk away and the asking price is £549,950.They've got an open day on Friday,so if you like what you see, i suggest you get your viewing appointment booked! If you are considering a buy-to-let property or investing in the NW3 area, i'm happy to give impartial advice. Feel free to email me chris@ashmoreresidential.com or pop in to the office on Heath Street for a chat over a cup of tea or coffee.
http://www.zoopla.co.uk/for-sale/details/36492324
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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