For investors who have little time on their hands for renovations and all the logistics of dealing with trades people and suppliers, not to mention the loss of income for the duration, then a turn-key investment is the answer.
Location is the primary factor that drives decisions form buyers and tenants.Numerous landlords that have recently contacted us about buy-to-let have expressed a preference for investments that are in a good or liveable condition ready for immediate occupation. I was searching the market for such a flat that needs no work and in a popular and desirable location.
This little gem of a flat came up and its just a couple of minutes from Belsize Park Tube on Haverstock Hill.Inside has been finished in a contemporary style with its wood floors, neutral decor and open plan kitchen,making it just the ticket.
This flat is on the market with Ashtons in Primrose Hill for £375,000 and it will rent for £1625 per calender month in no time at all. That will give you a 5.4% yield, not bad for starters. It's location will ensure not only a high occupancy rate throughout the lifetime of the investment, but great capital gain as well, therefore there's only one way the yield and value will go.
Be first in the queue for a look round inside because in the North West London market, if your not fast, your last!
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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