I've spotted this 1 bed apartment just come to the market
on Warren Street, which is off Tottenham Court Road.
Properties in this area have been renting for £450 for
a 1 bed apartment, which when you do the calculations against the asking price
of £575,000, could look to generate you a gross yield of 4%.
This area is popular for tenants due to the location, not
being too far from the tube - West end and they tend to offer decent sized
accommodation.
We are finding at the moment that there is not much
property coming to the market, so when anything new comes on, it is going
pretty quickly, it's not just me saying it, the results speak for themselves!
If I were you and I liked this property, I would get
down to the selling agent today.
If you would like any advice on investing in property,
in Fitzrovia, feel free to come into our office on Cleveland Street.
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