I've written about this new development called Center Heights located just next door to Swiss Cottage tube. This is a top floor flat with great views and with brand new everything.
Most of this development will typically be buy to let investment, this one bedroom flat is at £490,000, so coming in just around the average price bracket. Rent on this will be £1775 per calendar month, so after all the usual expenses this will give you a 4.1% net yield.
Flats in this location are always enjoying high occupancy rates, so you can rest assured it will pretty much be occupied 95% of the time. This pocket of NW3 also is slightly cheaper than the average for the town, so investors be aware that the better yields are to be found here. This flat is built for the job and will get snapped up pretty quickly as most of the development has now been sold.
http://www.zoopla.co.uk/for-sale/details/38050586
If you're interested in buy to let investment in the NW3 area, feel free to call for impartial advice 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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