Spotted this great self contained studio on the top floor of an ex -local authority 1960's block on Fellows Road just a short walk from Swiss Cottage and Chalk Farm Tubes. The flat is located on a high floor and there are some impressive panoramic views on offer across London's skyline.
Looking round inside the flat appears to be in pretty decent all round condition and has the right specification for the local rental market, so its "letting ready" and there is a along lease in place. Other benefits include double glazing, the separate kitchen and new electrical installation and being on the 20th floor , of course there is a lift!
Rent wise, this cracking little flat will let out pretty quick and expect it to be snapped up by either a single person and with 300 sq feet on offer , possibly a couple.
Looking at the numbers I would suggest that thus flat will achieve a rent of £1191.67 and based on the asking price ,this will give you a net yield of 3.95% , just above the local market average. This is a good one for the portfolio as it has a lot to offer, especially with the panoramic views , the agent is Victor Stone for £345,000, see the link below for the full details
http://www.rightmove.co.uk/property-for-sale/property-39856656.html
If you are thinking of investing in the NW3 property market and would like to know more about the important things to consider, then give me a call on 020 7435 0420 or pop in to the 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.
Don't forget to visit the links below to view back dated deals and Hampstead Property News.
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