Thursday 27 August 2015

Studio Apartment for investment in the heart of Fitzrovia




This duplex studio apartment caught my eye this morning. The property is being marketed at a price of £550.00, and is an ideal investment opportunity.

The property is ideally located for local transport links with Goodge St, Warren St, plus Gt Portland street tube stations all within 0.3 mile walking distance.

So if we take a quick look at the figures, if you purchase this property at £550,000 and then rent it out at £385 per week this will provide you with a yield of 3.6%. So this property is well worth a look!

There seems to be a good demand for rental properties of this type in Fitzrovia at the moment. For every property of this type, size, location and price there are at least 10 suitable tenants waiting. IF you would like any advice on buying a property for Let, feel free to give me a call 020 7255 9966

Regards

Ben

PS It is always a good idea to get a second opinion.

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