This property looks to be offered at a reasonable price by comparison with other one bedroom flats in the area so might well be worth researching. There are no internal photos so viewing necessary (and as I always say it would be anyway with or without photos).
This one bed flat is on the Uxbridge Road, so a busy location which means you are not going to achieve a top rent but it is handy for getting to Uxbridge, Hayes, Brunel on the bus and there is allocated parking. The asking price is £142,500.
One bedroom flats on the rental market start at £775pcm and rise all the way through to £1,600pcm for a flat in a character property in Northwood or £1250pcm for a nice new flat in High Point Village near the train station in Hayes.
So even at the entry price of £775pcm that makes for an annual rent of £9,300 which is a gross yield of 6.5% on your initial investment of £142,500. A return not to be sniffed at. Be careful in your tenant selection and look after them and you should have a nice long term investment.
Belvoir Uxbridge don’t sell property, we are lettings specialists, but we do guide people based on our experience as to what might make a good buy to let property investment in the Uxbridge, Hillingdon, Hayes and West Drayton area. We don’t charge for this service but we would like to manage your property or help you find great tenants.
