On the market with Haart’s is this nice looking Studio flat in Clarkes Drive. I’ve long been a fan of the location just off Royal Lane as it’s close to Brunel, Hillingdon and not so far from either Uxbridge or West Drayton so appeals to a wide range of tenants.
Unusually this one comes with two allocated parking spots which is a nice bonus.
Now the asking price is £160,000 which is £10,000 higher than the studio on the market recently in the area but the condition frankly looks very lettable (is there such a word?). But always taking a look when buying.
The leases tend to be appealingly long in Clarkes Drive (200 years plus) but service charges are not cheap at over £1000 a year on a studio. I would expect, subject to the condition following through on viewing, this studio would let for circa £750pcm which would make for a gross yield of 5.6%.
I don’t like over promising but a property like this should let day in, day out.
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