on my usual trawling of the local market i have spotted this two bedroom flat on Finchley Road, just 350 meters from the tube. Looking around inside, its in excellent all round condition and ready for immediate long-term letting. The second bedroom is smaller than the main one, though this flat will appeal to a wide range of tenants.
This flat will achieve a rent of £1690 per calender month, compared to the asking price that is giving you a net annual yield of 4.29%. Looking at other 2 bedroom flats on Finchley Road NW3, they are averaging £500k plus, this one is on the market with In London Properties, just round the corner at £449,950.
I would suggest to investors that this is reasonably priced and will get snapped up pretty quickly, so well worth a punt!
My brain is here to be picked, so feel free to pop in to the office for impartial advice over a cup of coffee. I'm on Heath Street, just 50 meters from Hampstead Tube.
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.
Don't forget to visit the links below to view back dated deals and Hampstead Property News.
No comments:
Post a Comment