just trawling through this market this morning and have spotted this rarely available studio flat located on South Hill Park, just a minutes walk away from The Heath.
Its a very bright self contained flat that features a mezzanine floor making the most of the volume the principal room has to offer. The overall condition is very good and it features a separate kitchen, so its a case of just add people.
This sort of flat is ideal for the single person looking for a starter home and no doubt they will be drawn to the location that is both popular and convenient with local shops on South End Road just a short stroll away as is Hampstead Heath mainline station and Belsize Park Tube. On the money side , you can expect a rental of £1167 per calendar month and I predict it will be achieved pretty quickly. The asking price of £360,000 against the rent roll will give you a net yield of 3.74%, not bad for the area or the first year of the investment. I don't see any mention of the legals here in terms of its tenure, so if its leasehold, ask that all important question of how long is left.
This one's well worth a look round and offering on, its on the market with our friends at Day Morris
Fancy a natter about the NW3 property market ? give me a call on 020 7435 0420 or drop me a line chris@ashmoreresidential.com
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.
No comments:
Post a Comment