On the market is this one bedroom maisonette in the popular Glencoe Estate in Yeading. The first floor flat is on a 50/50 share of the freehold which I know that landlords prefer to having to deal with lease hold agreements on flats.
The Glencoe estate is a little far from tube stations, the nearest being Northolt 1.6 miles away. But there is a good local bus service and tenants seem undeterred. Road connections are good as there is quick access to the Parkway. Allocated parking will help reassure tenants.
One beds in the area let for circa £925-£1000, which is quite high for the local area and frequently reflects good housing stock. At £950pcm the yield would be 6.1% and at £925pcm it would be 6%.
A decent return on a property with the benefit of less service charges.
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