West Drayton remains a popular choice with buy to let investors in the Hillingdon area. Hillingdon price growth is being driven by the southern part of the borough and Crossrail remains a key reason for that. The West Drayton station will start the more frequent service into London from 2019, but at the moment is still a good option for people wanting access to Paddington which takes less than 30 minutes to get to from the station.
So I am going to talk about a one bedroom flat for sale at £200,000 opposite the station.
Bentinck Road is opposite the station overlooking the Grand Union canal so this property would be great for tenants who are looking to commute or want to work more locally as there is parking spaces. As an agent in the area we see a lot of demand from tenants who work at Stockley Park, Heathrow, in Uxbridge based businesses and across the area.
So location is good for this property and the allocated parking space would be needed to get the best tenant choice. The property is likely to let for around £900pcm. At this rate it would make for a yield of 5.4%. I do think that a couple of areas in the flat would benefit from tidying though, always happy to talk these through!
