The overall condition is excellent and the good bit is that its being sold with a long term tenant in situ, so there is an income the whole time with no holding costs attached, i.e waiting to get it let. The rent on this flat is £1885 per calendar month, based on the asking price that is giving a net yield of 4%.
This is certainly one of the better quality 1 bedroom flats that I have come across in this location and its new build means that overall maintenance costs will be on the low side for a good few years, with that in mind it will make a good long-term investment, in my humble opinion.
On the market with our neighbours Foxtons for £535,000, click the link for full details
http://www.rightmove.co.uk/property-for-sale/property-51317498.html
If you need advice about investing in the Hampstead property market or would like to know more about the important things to consider, fell free to call the office on 020 7435 0420 or pop in for a chat over coffee, i'm just on Heath Street.
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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