hope you are all ready and raring to go for another week! With the General Election now over and decided, the jitters have fizzled out with confidence in the market having been restored.
For flat hunters, those with outside space will be pick of the bunch as they are available in season. I have spotted this firecracker of a 2 bedroom duplex flat with a private balcony located just a stones throw from Finchley Road or West Hampstead stations. Being in a commuter heartland this flat will appeal to a wide range of prospective tenants. Its ready to go and very rentable having been renovated and offers flexible accommodation as its arranged over two floors.There are two decent size bedrooms,a separate well equipped kitchen and living room with space to dine that leads out to a south-facing private balcony.Internal area is coming in at 780 square feet,which is pretty generous.
Here are the figures for the rent roll and the yields; you can expect to achieve a rental of £2145 per calender month and with the usual purchasing costs the net yield is coming in at 4.9%,which is not bad for a high value postcode such as NW3. I don't expect this flat will stick around for long, so well worth a punt.
On the market with our friends at Foxtons (West Hampstead) for £499,950, so just under 4% stamp duty. Full details as below. If you need some advice or are considering an investment in the Hampstead area, by all means drop me a line chris@ashmoreresidential.com or pop in to the office on Heath Street for a coffee and a chat.
http://www.zoopla.co.uk/for-sale/details/36772438
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.
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