This quirky one bedroom split level flat has caught my eye this morning as I thought my blog reading friends may be interested in it. The location is pretty decent and its on the eastern fringes of Hampstead within a short walk of the Heath, main line station, Belsize Park Tube and the local shops on South End Road.
The prospective tenants love this location as its better value for money than the rest of NW3 and it has lots of great amenities on offer. On to the flat, its a quirky set up with the kitchen and living room on the ground floor and a winding staircase that leads up to the 1st floor for the bedroom and shower room. The kitchen and shower room are up to date , the bedroom has fitted wardrobes , the decor is neutral, compliance checks to be put in place and its letting ready.
This flat will achieve a rent of £1516.67 per calendar month and based on the asking price , that will give you a respectable 4.29 % yield, so well worth checking it out, oh by the way , i've heard that the lease has just been extended, so that's pretty handy. On the market with KFH Belsize Park office with an asking price of £400,000
http://www.rightmove.co.uk/property-for-sale/property-54504871.html
Despite the wobble in the local market with interest subdued , there are always good investment deals to be had, though the market is far more robust and always comes back. If you are thinking of investing in the NW3 area , then lets have a chat in on 020 7435 0420 or pop in to see me at my office 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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