On the market is this one bedroom flat in Cumbrian Way.
If you are local you have probably driven passed this location hundreds of time as it’s just before the Chimes car park or Intu Uxbridge as we should call it now. So being central to Uxbridge is a key feature of this location.
Even though the flat is central there is an allocated parking space and balcony for those who would like to sun themselves. The property is set in it’s own communal grounds and is quite quiet, despite being close to town.
The flat is on the market for £194,000. The last one bed which sold in this location was way back in 2006 for £155,000 so £194,000 doesn’t seem way off the mark. The property would likely rent for between £850 and £900 pcm. This makes for yields respectively of 5.25% to 5.6%.
The ground rent and service charge is just over £800 per annum. The lease is short but the vendor will extend.
A fair return for a central property that benefits from location.
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.
