Here's another self -contained studio that i spotted earlier on today. Located in an oldest part of Hampstead known as Frognal, this 3rd floor self contained flat has been modernised throughout and offered with neutral decor. Frognal is just a short walk to the tube and shops at either Hampstead or Finchley Road making it a great flat for commuters.
As ever, the call for smaller flats at the lower end of the local market is always good and this one will achieve a rent of £1150 per calender month, and pretty quickly too. No mention here about the tenure, i.e of leasehold (need to be checked for years remaining) or share freehold. The numbers are as follows; compared to the asking price this will give you a gross yield of 5.3% , not bad for starters and no super savers bank account will give you that !
On the market for £270,000 with Paddington Estates, full details as below.
http://www.zoopla.co.uk/for-sale/details/36687490
I'm normally available at the office, if you need advice about investing in the NW3 area or are considering a buy-to-let property in Hampstead and Belsize Park, then feel free to pop in to the office on Heath Street or drop me a line chris@ashmoreresidential.com
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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