Property of the week

http://www.fishneedwater.com/property-for-sale/denmark-road/denmark-road-camberwell-se5/1090626

Wow.

This recently renovated one-bedroom flat in the heart of Camberwell has been sold for over the asking.

It was renovated to a really high spec which allows the new owner to literally plonk all their gear in.  With the market going through unpredictable times, Fishneedwater still managed to do two open houses and got a number of interested parties.  It sold for over the asking price although we cannot unveil how much it went over the asking, it still managed to bring in over 25 viewings in its first week of advertising.

This property also offers great views over central London which means watching the fireworks on bomb fire night and new years’ eve is cheaper.

Looking over approximate Buy to let (BTL) figures, it would also fetch in a handsome gross yield of 5.76% which in this market of aggressive demand is still really good.

Stay tuned for next week’s deal of the week.