Property Advice

Monday, 21 March 2016

Crayford House , Lawn Road NW3 - Buy to let investment

Ive spotted this two bedroom flat on the 5th floor of this ex- local authority block on the eastern fringes of Hampstead. This flat has been modernised throughout and there is nothing that needs to be done cosmetically.

There are some decent looking grounds that the block is set within and a lift. This flat will attract a number of tenants and will rent out pretty fast as well. The location is handy being close to Hampstead Heath, local shops and Belsize Park Tube. 

There is always good call for two bedroom flats in this area and they are the fastest selling type of property for the NW3 postcode. Expect to achieve around £1842 per calender month and based on the asking price it will give you a 3.9% net yield. Although, the yields in this area are lower than some, the Capital gains are higher than most. The sales history here shows the last sale was back in 2006 for £193,000 and today the asking price is £539,950 that's an increase of 179.7% or 17.9% per year. The investment will give you the best of both, some income and of course the capital gain. 

On the market with Hadleigh Residential for £539,950

http://www.zoopla.co.uk/for-sale/details/39873469





There are lots of imminent changes in the private rented sector , so if you would like to know more about the important things to consider when investing in the NW3 property market, then give me a a call on 020 7435 0420 or pop in to the office, im just on Heath Street. 



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.



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