There's a reasonable amount of space on offer here (293 sq ft) with a semi-open plan kitchen and wood floors, overall condition is good , just compliance for safety to be put in place, some up to date furnishings and a good clean is the tonic for this one.
It will rent out pretty quickly as its in a good locale plus the practical benefits of being in a block with lift and porter. Ideal starter home for those on a budget, be it a singleton or a couple. The legals are all sorted with a long lease in place so no other big cheques to write out.
Numbers..... well the asking is £395k coming in at over £1300 per sq ft which is top heavy for this flat in my humble opinion, though its just come to the market. Rent wise, it will achieve around £1170 per calendar month, so its a net yield of 3.5 % . I'd make them an offer, the worst they can say is "no".
On the market with our friends at Hadleigh Residential just two doors down from the flat.
http://www.zoopla.co.uk/for-sale/details/40197101
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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