Looking at the images, it seems to be in decent condition with little preparation required for the rentals market.There are wood floors, a separate kitchen and plenty of storage. In terms of overall size , its above average coming in at just over 325 square feet, good news as this will also appeal to a couple who may have a lower budget broadening the target audience.
Interestingly,this flat also comes with a garage located behind the block. Although the convenience of the location is likely to attract someone who will use public transport, there is a high demand for these,especially in this part of town, so there is another income stream. I'm no expert in garages, though i would hazard a guess of at least £20 per week. The flat itself will rent for £1100 per calendar month and if we add the income from the garage (another £1040-minimum), it will give you a net yield of 3.65%, plus the flat has a long lease.
On the market with our good friends at Foxtons on West End Lane for £375,000
http://www.zoopla.co.uk/for-sale/details/38926592
If you are looking to invest in the NW3 property market and would like to know more about the important things to consider or have an investment purchase in mind,then feel free to contact me by phone or email,I will be happy to express an opinion.
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