On the market or soon to come at least is this studio flat in Hawthorne Crescent, listed by Hunters. They are looking for £169,950 for the property.
I know Boxwood Close and Hawthorne Crescent. Nice studio’s there. Will normally let for £750pcm for one in good condition, and the photos indicate this should be the case – but you would want to see it in the flesh. At this rent the gross yield would be 5.3% on the asking price.
The property is quite close to the Warwick Road entrance to West Drayton station which is going to be a Crossrail station from 2019, or Elizabeth Line as we should now call it.
The last studio on Hawthorne sold a year ago for £121,000 and in Boxwood £125,000 a couple of years back in July 2014. However new build studios in Hayes and Uxbridge are going for £220,000 so you can see the direction the market is going. Still I would prefer a landlord of mine to pay £150-160,000 but you sometimes have no choice if you want the property in a good location and there is other interest. It just takes one other buyer….
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.
