This first floor two bedroom flat is offered to the market for £205,000. The flat is located in Philpots Close, which is just off the High Street which runs through West Drayton down to the station. The station is a total of 0.7 miles away.
Condition looks good, with a reasonable bathroom and kitchen which are key features for any tenant. But a through inspection is always receommended. When viewing a property, and I would say this to both landlords and tenants, go through every cupboard and behind furniture where possible. Try to really understand the property, test the water pressure, check the age of the boiler. These are all consideration and will cost you money or time down the line.
The property is fitted with Gas Central Heating, which tenants prefer generally over electric heating, it has an EPC rating of D.
Details have not been provided which cover the service charge and lease so I would be asking about this.
At a rent of £1000pcm the yield would be 5.8% on the asking price of £205,000.