Fellows Road NW3 - 2 bedroom flat - Buy to let investment

I have spotted this 2 bedroom flat in an ex local authority block on Fellows Road. Located on the 4th floor, offered in what seems to be in very good overall condition, lots of space on offer and little required in preparation for the lettings market. 

The location is popular for renters as its just a short walk to the tube at Swiss Cottage and the main shopping at Finchley Road. Primrose Hill Park and Village is also within easy reach , so this pocket of NW3 offers a good mix of amenities and less pricey than Hampstead Village and central Belsize Park. Not sure about the lease length on this flat, though the flat is very reasonably priced, that could be the reason.

The rent on this flat will be around £1800 per calendar month and based on the asking price that will give you a net yield of 5.05% which is better than average for the local area. This is a great buy to let investment that i doubt will stick around on the market for too long, so I'd get on the phone to the agents and get a viewing booked.   

On the market with our friends at Foxtons just a few doors down for £399,950 

http://www.rightmove.co.uk/property-for-sale/property-52456423.html

There's much to consider when in investing in the local (NW3) property market and its always worth getting  a second opinion, so if you fancy a chat about the local property market and would like to know more before taking the plunge, then give me a call on 020 7435 0420 , or pop in and see me at my office on Heath Street. 

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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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