Looking around inside, this flat has its fair share of quirks that makes for an interesting property and giving it a unique feel. I rarely see this sort of layout in a flat, but it seems to work pretty well and these a good amount of living space too. This type of flat will appeal to an established tenant who is likely to live in it long term, so that will have a strengthening effect on your yield. "And what about the yield"? i hear you ask. Well, i would suggest that a realistic rent here will be coming in at £1950 per calender month and based on the asking price that will give you a net yield of 4.51%, not bad for starters. The overall condition is good, though i'd lose the cork tiles on the bathroom and kitchen floor and replace with something more up to date, so only minor cosmetic work needed to get it ready for letting.
Its on the market with our good friends and neighbours at Hamptons on Heath Street. For something a little different like this , I'd get a wriggle on down to the agent and be first in the queue as it will go pretty quickly. Click on the link below for the full low down on this flat.
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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