On the market with my Hillingdon Hill neighbours, Coopers, is this three bedroom flat near central Uxbridge. The building was originally going to be a hotel but after the developers went bust the flats were created, unusually with the restaurant to the base. Hence it’s rather grand and open entrance. The property freehold is owned by the lease holders which is a feature I always like.
Being ten stories high often leads to restrictions on mortgage availability.
The property is on the market for £285,000. Over the last year Denham Lodge property has let for between £1,200pcm making for a gross yield of just over 5%.
To get to Uxbridge stations it’s only half a mile’s walk so this property would be popular with commuters and local workers.
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