Property Advice

Wednesday 11 November 2015

Buy to let - Four bedroom ex local authority flat - Finchley Road NW3

Here's one for the sharers market which is largely made up of students and graduates. Much larger than average and arranged over 2 floors this ex-local authority flat has lots of space (910 sq feet) and 4 bedrooms, offered in very good all round condition.  

The location is handy for the amenities of West Hampstead, though the clincher on this flat is its close proximity to the world famous ESCP Business School. There are students here all year round on both long and short courses and in my experience, the two things at the top of their agenda is convenience to the college and affordability and it ticks both boxes. 

So, on to the money; comparable flats will achieve around £2300 per calendar month, based on the asking price (which i feel is a bit top heavy) it will still give you a net yield of 4.4%. Incidentally, the higher yielding buy to let investments will be found in the Finchley Road pocket of NW3, as there is a lot of rental property here. 

On the market with our good friends and neighbours at Foxtons asking price of £599,950

http://www.rightmove.co.uk/property-for-sale/property-55459433.html







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.


No comments:

Post a Comment

Search This Blog