There is a deal to be done here, so its well worth a punt. Based on the asking price this flat will produce a 3.8% net yield, the rent is £1300 per calendar month. With some negotiation to get the price down the net yield will be just over 4%. Capital gain will be good here over the long term, for this block values have risen by 100% on average, even after selling expenses and capital gains tax, it will still leave you with a tidy sum.
On the market with Hadleigh Residential just round the corner from the flat itself, click on the link below for the full details.
http://www.zoopla.co.uk/for-sale/details/35792061#6JrbAORROHvPGy27.97
Thinking of investing in the NW3 area or growing your existing portfolio? for advice and opinion call the office on 020 7435 0420.
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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