This one bedroom first floor maisonette is on the market with Hunters in Hayes. Located at the end of Bourne Avenue the property is a walk of about a mile to Hayes and Harlington Station to the East. To the West is Stockley Park, and anywhere near Hayes tends to be pretty handy for Heathrow workers.
There are plenty of good jobs in the area around the Old Vinyl Factory which will attract good tenants.
The property is listed at £170,000 which is a discount to current one bedroom property so I would want to visit to understand the work required to bring the property to standard.
Once let at, for example £800pcm the property would have a gross yield of 5.6% but your base costs should increase by the cost of the refurb lowering that yield figure. But then again the standard of the refurb might improve that conservative rental figure of £800pcm.
I doubt the property will be listed for long.
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.
