Buy to let investment - 1 bedroom flat, Finchley Road NW3

Back to the commercial heart of the NW3 area on Finchley Road. This is of course, the main shopping center for the area as well as a commuter heartland with 2 tube stations and a mainline station all within a half mile radius. 

The Finchley Road area also offers, in my opinion, some of the better value for money property in the area with yields to match. I have spotted this one bedroom flat located on the first floor above commercial premises. Pretty spacious,coming in at just over 500 square feet and it has been renovated throughout,so it will save you time and money as the current owner has already gone to the trouble. 

This flat will rent out pretty quickly with location being top of the agenda here. So, lets look at the figures; based on the asking price of £460,000 you can expect income of £1560 per calendar month, giving you a net yield of 4.1%. For sale with Central London agent Leo Newman 

http://www.zoopla.co.uk/for-sale/details/39022944

There appear to be quite a few new properties coming to the market for sale in the local area, so if you have seen something that you like the look of and would like to know about the income potential, I'd be happy to express an opinion. As I've always said to my regular blog readers and clients, first rule of property investment- Do your homework- its very important so that you can be confident the investment will work for you. You can email me chris@ashmoreresidential.com  

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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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