On the market is this one bedroom flat on the Oak Farm estate for £180,000. The flat is located on Leybourne Road and is about a mile from Hillingdon station – so still in walking distance.
But the flat includes a parking space too which will help. The flat is on the second floor, which may put off less mobile tenants but others will like the privacy this can often bring.
I would estimate rental income at £850pcm and at this level makes for a yield of 5.6%. But you may well try marketing at £875-£900pcm, the flat looks ready to market. There is a one bed a little further from the station to let for £875pcm on the market at the moment.
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.
