Property Advice

Wednesday, 8 June 2016

1 bedroom flat - Buy to let Investment - Upper Park Road NW3

Ex Local authority flats can sometimes make for good buy to let investments , this one in a well kept block known as Barnfield on Upper Park Road caught my eye and thought to out it out there. Its in excellent all round condition, all modernised and located on the second floor. 

The road is in central Belsize Park, just around the corner from the tube and local shops on Haverstock Hill as well as Hampstead Heath offering a desirable and convenient location. The legals are fine with 125 years on the lease since 2003, so in essence a turn key investment.

Lets look at some numbers..... in the current market , this flat will achieve  a rent of £1470 per calendar month and with the stamp duty hike and other costs it will give you a net yield of 3.5% . There's not much for sale at the moment with all the distractions about Europe with many having put big decisions on hold for a while......  worth a look round me thinks!

On the market with Parkheath for £475,000  http://www.zoopla.co.uk/for-sale/details/40615620





fancy a chat about the local property market ? then give us a tinke on 020 7435 0420 or pop in to see me at the office , i'm 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.

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