Property Advice

Thursday, 23 March 2017

Buy to let Investment - Belsize Grove NW3

Ive been searching though the market again this morning checking out the investment opportunities and came across this great studio. Its just round the corner from Belsize Park Tube and local shops so it has a cracking location and therefore a great place to be. The flat is very good all round condition and ready to be let. 

The block has a lift, day porter and communal heating/hot water, so check out the service charge and there's no mention of the lease length, so two important things to ask. There is always good call for these flats and the local rentals market could do with more of them. Expect to achieve £1215 per calendar month for such an example and based on the asking price of £360,000 that will give you a gross yield of 3.95 %. 

By the way, it was listed on 5th Jan and has remained unsold, (though not overpriced in my humble opinion) , the vendor may be up for a haggle...............

On the market with our friends Goldschmidt and Howland 

http://www.zoopla.co.uk/for-sale/details/43243342

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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 me 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 at Ashmore Residential, Suite 7, 25-27 Heath Street, London, NW3 6TR. There is plenty of parking and 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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