I've been trawling through the local market and spotted this top floor two bedroom flat with lift access that is ripe for buy to let investment. Its located on a popular street just a short walk from Chalk Farm Tube known as Maitland Park Villas.
The flat is in very good all round condition , wood floors, fitted kitchen, modern bathroom suite and a balcony to boot- making for a turn-key investment. This flat will be popular with tenants and in comparison with other 2 bedroom properties in the vicinity, this reflects good value. On the rent roll, you can expect to achieve £1650 per calendar month. Based on the asking price of £475,000 that will produce a gross yield of 4.16 % which is above the average 3.8% for the local area.
The usual questions spring to mind; check the lease length and the service charge when making your calculations as there is no mention of this in the agents details. Its on the market with our friends at Keatons in Kentish Town
If you are interested in knowing more about whats happening in the NW3 property market and what will make for good buy to let investment, then drop me a line chris@ashmoreresidential.com or call the office on 020 7435 0420
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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