But to let opportunity- Giling Court- Belsize Grove NW3

Here is a great opportunity to get your hands on a two bedroom flat in a popular block just round the corner form Belsize Park Tube. This is a two bedroom flat in Giling Court, located just off Haverstock Hill. It's got two good size bedrooms, lift, communal heating and hot water and day porter. 

Looking at the photos, it could do with a coat of paint and some new carpets, kitchen is not the best but its serviceable, though wouldn't cost the earth to replace with something more up to date. No image(s) of the bathroom however, though let's assume that has also seen better days. The cosmetic improvements here will set you back around £20k as we must also bear in mind that installations, especially for the electrics will need to be complaint with the current regulations. 

So, let's do some number crunching; the asking price is £425k and it will be £445k with improvements. Thereafter , we have all the usual purchasing costs. This flat will rent for £1950 per calender month and it will be gone in no time. Based on the figures i have quoted, this will give you a net yield of just over 5%, which is great for this location. This is a really good buy- i would get that viewing booked sharpish, this flat wont stick around for long. On the market with Sennett and Sennett who are based in Southgate. Click on the link below for the full story. 

  http://www.zoopla.co.uk/for-sale/details/38573839

If you have an investment  in the NW3 area that you are considering, feel free to email me the link,i'd be happy to express an opinion or to fins out more about the local buy to let market call the office on 020 7435 0420

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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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