Property Advice

Thursday, 9 March 2017

1 bedroom ex local authority flat for Investment - Waxham, Mansfield Rd NW3

I've been on the look out for 1 bedroom flats that are suitable for investment and ive spotted this one which is a cracking opportunity. Its a 1 bedroom ex local authority  flat on the 2nd floor of a popular and well located block thats close to the Heath, local shops and Belszie Park Tube.

The flat is in good all round condition and apart from a few small cosmetic details and compliance, its letting ready. 

So lets look at some figures........  In today's market, this flat will let for £1280 pcm and based on the asking price, this will give you a gross yield of 4.04% , outperforming the area average of 3.8%. Its got a long lease and its chain free, so get that viewing booked, though do check on those service charges! 

Its on the market with out friends at Day Morris for £360,000 







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.


No comments:

Post a Comment

Search This Blog