On the market is this three bedroom flat near Hayes and Harlington Station. The property is above the little row of shops on the corner by North Hyde Road and Station Road. If anyone has had to wait in the traffic lights near the ASDA supermarket they will know this location. The asking price for a three bed flat is £229,950.
As well as the supermarket it’s very handy for the station. And Station Road heads down to the Bath Road so connections for Heathrow and the M4 are great.
Parking is always going to be tricky with property over shops and they don’t normally come with this. On the plus side are Gas Central Heating and that there is quite a bit of space in the property with a 2nd reception room and an ensuite for the largest bedroom.
Three bed flats over shops can sometimes take a little while to get a tenant but there are a few options with a property like this! As a straight single let the property could let for circa £1250pcm at a yield of 6.5%. Let to council tenants with no top up could still yield over 6.1%
Questions for me would include the lease length and service charges.
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.