Buy-to-let investors looking for a great yield should look no further than this great 3 bedroom purpose built flat in Streatham Hill. With an expected rental income of £425 per week equalling £22,100 per year, even at the asking price of £275,000 this gives any prospective buyer a yield of just over 8%. With long term fixed rate mortgages of up to 10 years with rates around 2% becoming available on the market this would look like a very sensible purchase.
With the Streatham Hill property
market currently booming and benefitting from buyers looking further afield to find
somewhere affordable, any potential investor would also be buying into a market
which is likely to provide them with an excellent level of capital appreciation
in the medium term, on top of an attractive yield. The property itself, with a
total internal area of 836 sq ft, is the size of a small house. Over two levels
with a large eat-in kitchen, spacious separate reception downstairs leading to
a private balcony, three bedrooms upstairs along with the bathroom and a second
WC. The location is excellent too, being just a short walk Tulse Hill station,
as well as all of the shops and amenities of Tulse Hill – this represents
fantastic value for money.
If you have any questions about
a buy-to-let purchase you’ve got your eye on by all means drop me a line on
email or call the office on 020 3397 2099; I’d be happy to help.
Richard Thompson
Sales Manager
XanderMatthew
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