On to the flat, generous proportions throughout, some period features retained and notably smart kitchen and bathroom. Current owner has clearly cared for this place with a good amount of time and money having been spent on it. Nothing to be done in terms of preparing for the lettings market and its' ready to go. The dimensions make for comfortable living, therefore will attract an established long term tenant ,be it a single person or a couple. Comparable flats have rented at £1840 per calender month, that will give you a net annual yield of 4% for the 1st year. For the future, the yield will improve over time as stamp duty and legal fees are out of the equation and a long term tenant in the flat will also go some way to avoid the dreaded void!
On the market with Day Morris for £539, 950 - it was reduced in price last month- perhaps there's a deal to be done.............................. click on the link for the full story.
If you are considering investment in the NW3 area and need further advice, i can be reached on 020 7435 0420 or you can email me the link and i shall be happy to express an opinion.
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.
Don't forget to visit the links below to view back dated deals and Hampstead Property News.
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