Property Advice

Tuesday 12 January 2016

Living the High Life -20th floor studio flat buy to let investment- Fellows Road NW3

Its not too often we get a room with a view here in NW3 despite the pleasant surroundings. I've been looking through the local market and have spotted this good sized self-contained studio located on the 20th floor of this ex- local authority block on popular Fellows Road. 

This flat has great views from all rooms and is offered in pretty good all round condition with nothing needed form a cosmetic point of view, i'd suggest compliance for safety and fire regulations a good scrub and its ready to go. Its got a separate kitchen that seemed well equipped , modern bathroom and neutral decor. Overall size is 326 square feet which is ample for a studio flat.The views are superb taking in all that the vicinity has to offer to include primrose Hill, Regents Park and Hampstead Heath. The other great offering is the parking located in the basement level car park of the development. 

Rent wise, this flat will achieve £1170 per calendar month and it will be let out in no time at all and based on the asking price , the net yield is 3.8% Your target audience will be either a single person or a couple looking for a starter home. This place will always be rented out and the high occupancy rate will have a strengthening effect on the yield over time.

Fellows Road is on the southern side of the NW3 area bordering Primrose Hill, this pocket is well served by the excellent transport with the commute to Central London just 15 minutes away. This flat is well worth a look round and considering for investment- values of studios rose by 7% last year ,on average .

On the market with Emoov with an asking price of £360,000

http://www.zoopla.co.uk/for-sale/details/39122767





If you would like to know more about investing in the NW3 property market , feel free to pop in to the office for a chat. i'm based on Heath Street , just 50 meters from Hampstead Tube. 


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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