today's pick is this self contained studio flat on the first floor of this ex-local authority block on Finchley Road. This is a good size for a studio and has a separate kitchen and a balcony. Its been on the market for a while now and i would suggest that it needs to come down in price, primarily being on a busy thoroughfare which is not everyones cup of tea and that there is a limit on how much one will pay for a flat of this type. These smaller units below the £350k normally fly out. The flat is otherwise pretty good in terms of what it offers.
Based on the asking price of £325k the rent will be £1040 per calendar month and will give you a net yield of 3.6% which is a little below average. Just like the studio flat in Giling Court that i wrote about the other day,there is a deal to be done here and its well worth a punt.
On the market with Remax, click on the link below for full details.
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