Having looked around, there's no doubt it could do with a bit of cheering up and if you can part with about £20k or so and you've got about 6 weeks to allocate on the renovation, you've got yourself a slice of NW3 with nice views, exciting thought that. Located just a short walk away from The Heath,
So, let talk business, this flat will achieve around £1870 per calender month, that will give you a net yield of 4.1% in the first year. Year 2 will be better, subject to market conditions of course, though the burden of stamp duty and solicitors fees are out of the equation. I'd get that viewing booked and that offer put forward sharpish- its the North London market, if you're not fast - you're last!
On the market with CH Peppiat for £500,000 click on the link below for more details
http://www.rightmove.co.uk/property-for-sale/property-36401649.html?showcase=true&premiumA=true
Are you considering investing in the NW3 property market or would like to know more about the local lettings market? feel free to call the office on 020 7435 0420 or drop me a line chris@ashmoreresidential.com
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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