Investment opportunity - Tottenham Court Road

Good morning property hunters, just getting back on the property band wagon to see what's out there that could potentially be a good buy to let option. 

This property caught my eye, it's a studio apartment at the top of Tottenham Court Road, near to Tesco. These flats always seem to rent really easily for quite decent rental amounts. I can see these flats achieving around £1600 per month quite easily at the moment. When you compare this to the asking price of £439,995 you could be looking at an annual return of 4.3%. much better than what the banks are offering!

It's not long been on the market with Frank Harris, so I wouldn't wait for too long before getting down there to register your interest. I'm sure that this will attract a lot of people

http://www.rightmove.co.uk/property-for-sale/property-46008430.html?premiumA=true

If you would like any advice on buying a property to let, please do not hesitate to contact me.

Fitzrovia 'Eye Candy Property Of The Week'

KFH have a fantastic development/refurbishment opportunity to restore a magnificent Grade II listed Georgian townhouse back to its former glory.

This impressive property is situated on the north side of the square, originally built c.1827-28 and retaining main original features such as the original stone main stairs with steel balustrade and mahogany handrail.

The property is currently being considered by Camden for change of use to residential with planning to reinstate the main house to single residential use or as two residential units; 

both applications can be found on Camden's website under planning application numbers: 2013/8205/P and

2013/8207/P.

This type of property in Fitzroy Square, Fitzrovia’s most prestigious area do not come on to the market very often. When they do they are usually snapped up by owners wishing to create a substantial family residence or developers looking to make a healthy return. I love it and I don't think it will be on the market long.

Here is what KFH have to say about the property

'A rare opportunity to acquire a versatile freehold property. Currently registered as B1 offices however planning has been granted for C3 residential. An ideal home or investment'. 

I attach some photos below, but more can be found on the Rightmove Link

http://www.rightmove.co.uk/property-for-sale/property-46948694.html