A couple of weeks ago, I put out a studio flat in Studholme Court with potential to be a 1 bedroom with added value in the deal, plus a decent yield for the location. Now, a two bedroom has just come to the market in the same block and its white hot!
Looking round inside its in very good condition and ready for the lettings market, there are wood floors, bright decor, a balcony, decent kitchen and bathroom and double glazing. This will be popular with tenants as its close to Finchley Road station and handy for West Hampstead tube and shops.
Rent wise, this flat will achieve £1950 per calendar month, giving you a net annual yield of 4.65% , which is not bad for an area with high capital values. This sort of flat is just what the local lettings market needs, if you like the look and sound of it, I'd get a viewing booked as this wont stick around for long.
On the market with Parkheath at £479.950 , full details as below.
http://www.rightmove.co.uk/property-for-sale/property-35032911.html
If you need advice on buy-to-let investment in the NW3 area or are considering a property in the local area, I'm happy to give you impartial advice on where to invest and where not to invest.
My office is on Heath Street, so pop in for a coffee and a chat. If time is precious and for more advice and opinion such as this visit the Hampstead property blog www.NW3propertyblog.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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