Well, Christmas out of the way and it’s back on the
investment bandwagon! I hope everyone had a welcome break. It certainly looks
like the December blues are gone in the London property market and there are
some lovely properties to be had.
I came across this particular one with Andrews the other day
and I must say it is a charming flat. We have let before in Chalmer’s House and
can assure despite it’s rather typical 1930s Art-Deco looks it boasts a host of
other things. Rooms are spacious and there is a gym and a roof terrace for
residents to enjoy. A lovely property to live in and hence popular with
tenants, despite being a little further from Clapham Junction than one would
like. Appealing to a slightly more mature tenant who can appreciate better
value slightly further from the station this one is sound to attract a good
quality tenant. Estimated rental income £350-£375pw, making this one yield
4.9%-5.2% gross at asking price. Not the highest yield in the world, granted,
but looking at the photos there is not much more to do than furnish it with
some good quality furniture. Bathroom, kitchen and general décor is A*. Happy
bidding fellow investors! http://www.rightmove.co.uk/property-for-sale/property-32411193.html
If you've spotted a buy-to-let opportunity or need impartial
advice regarding your current property portfolio, feel free to give me a call
on 020 3397 2099 or email me at jeroen@xandermatthew.com.
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