this is a cracking buy to let opportunity that has come up in this popular block just a stones throw from Chalk Farm Tube in a development known as "The Etons". This is a typical 1 bedroom flat of a generous 517 sq ft and according to what i see in the details in very good all round condition and ready for immediate long term letting.
The development now has a very high tenant population, so a popular choice with buy to let investors. The block has good facilities in terms of lift, day porter, communal heating with hot water and unreserved parking. With all this on offer, bear in mind, service charges in the block can be a little on the high side.
This flat is just what the local lettings market needs and it will let out in no time at all. You can expect to achieve a rent of £1690 per calendar month. Based on the asking price, this will give you a net yield of just under the local average of 4% (3.95% to be precise) for the first year. This one will fly off the shelves, so I'd get that viewing appointment booked before someone else gets in there.
On the market with Naylius McKenzie at £490,000 click on the link for full details.
http://www.rightmove.co.uk/property-for-sale/property-55317020.html
If you want to know more about the local lettings market and where to invest in the NW3 area, I'm at the office most of the time 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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