Spotted this one bedroom ex-local authority flat earlier today that is ripe for investment and its back to that old stomoping ground on the borders of Belsize Park and Hampstead Heath. This flat is located in a part of Hampstead that still offers good value for what is an otherwise pricey postcode, though rising in popularity. Its on Fleet Road and within easy reach of Belsize Park Tube, Hampstead Heath and local shops on South End Road.
On to the flat , this is located on the 7th floor with lift, its got a simple lay out and a balcony leading out from the living room with some attractive views on offer as well. Offered in good all round condition, the kitchen is perhaps on the dated side, though having said that, its clean, bright and functional, no urgent need to update straight away.
You'll get the single person or couple for this flat and expect a rent of £1410 per calendar month , based on the asking price that will give you a net yield of 4.1%.
There's more development going in the road parallel (Lawn Road) with a new block of flats due to be released later on in the year, this is the next growth area in NW3 , especially for buy to let investment.
On the market with our friends at Foxtons for £395,000
http://www.zoopla.co.uk/for-sale/details/3959836
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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