Studio flat - Buy to let investment - Isokon Building , Lawn Road NW3

I've been trawling through the local market this morning and come across this interesting studio flat in this well regarded building on the eastern fringes of Hampstead. Located on Lawn Road , its a great spot for all the amenities be it Belsize Park tube, Hampstead Heath main line station and the local shops on South End Road making it a popular choice for tenants.

On to the flat; its part of interesting building that is of architectural merit on the third floor. There is 276 square feet on offer and the studio room leads out to a balcony. The kitchen is separate and the bathroom is modern , overall condition is great ,so its letting ready with the usual  compliance for gas electric and fire safety to be put in place.     

Lets look at the numbers, the asking price is £425,000 and the rent that can be achieved here is a realistic £1215 per calendar month and it will rent in no time at all with high occupancy rates throughout  .This will give you a net yield of 3.22% which is a little low for the first year.

I'd get an appointment for a look round , this one will get snapped up pretty quickly.

On the market with our friends at Parkheath on Haverstock Hill 

http://www.zoopla.co.uk/for-sale/details/40589640

As i say to all landlords, those who are with my agency or with other local agents, always do your homework as there is much to consider. I'd be happy to express a second opinion if you have an investment in mind. Pop in to the office on Heath Street or you can drop me a line chris@ashmoreresidential.com 

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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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