Friday, 19 June 2015

Bloomsbury apartment with a 5% potential yield!



Hi property hunters. As you know I spend a lot of time looking through Rightmove, (probably too much time) trying to pick out the best options for buy to let properties. The reason I do this is because it can be a bit of a minefield out there and I want to make sure that our landlords going into buy to let, are doing it with their eyes wide open.

Todays property is a lovely little studio in Russell Court, Woburn Place WC1. These properties are perfect for the student market or young professional and this one is in great condition. We have rented a couple of similar properties in this block and would expect you would be able to achieve around £310pw for one in this condition. With an asking price of  £315,000 this provides a potential return of over 5% much better than what the banks are offering!

This property will not be around for long though, so get you down to the agents now to book a viewing.

This is a nice easy renter, no hassle, no fuss & when you use a competent agent to find you a tenant, a nice easy ride.


If you would like any advice on buying to let, feel free to give me a call on 020 7255 9966

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