On the market is this one bedroom property on Hillingdon Road, which is what the Uxbridge Road becomes as it gets close to Uxbridge. So the location is nice and close to Uxbridge town centre, through the underpass and you are in town. And of course this location is also near to Brunel University or Hillingdon Hospital.
The property is on the market for £190,000 and one in the same block is Sold-subject to contract advertised at £170,000 so perhaps there is a little bargaining room for you. If the property lets for £850pcm then at the asking price the yield is 5.4%.
I would want to ensure there is adequate headroom in the top level flat. Sometimes these mansard rooves can make storage and fitting wardrobes in difficult so might need a little furnishing to explain the vision to tenants.
With this strong location finding tenants should keep the occupancy rate high and with the extensive refurbishment the property has had, I am sure this property will be in demand from tenants.
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.
