This six bedroom property is on the market at £525,000, it is a licensed HMO (House of Multiple Occupancy). The location is strong situated between Uxbridge town centre and Brunel University close to the Greenway. It is also well sited for nursing students at Bucks University Campus in South Uxbridge.
6 Bed student property will let for between £2,400 and £3,100 pcm making for a income of £28,800 to £37,200. These figures make for a yield of between 5.5% and 7.1%. At a mid level of £2,700 this makes for a yield of 6.2%. This makes for a cost of £104 per person per week for the tenants which is good value for an en suite. At the higher end the figure is £3,100pcm makes for £516pcm which is £119pppw.
I would aim to let towards the higher end, with a good provision of en suite bathrooms and an extra bathroom and separate toilet downstairs. There is separate communal space and a kitchen. But figures will be dependant on the quality of the finish on the property.
If you are interested in Uxbridge Student Property this one would well be worthing looking at. One of the first passes when looking at property is location and this is good!
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.
Based on publicly available information a review is not a recommendation to buy, more to share what we are thinking about the property. Talk to us if you want to know more.
