On the market with a couple of agents including Gibbs and Coopers is this studio flat in Hambledon Close. I like the area and Hambledon has been popular with tenants. The price is £140,000. Subject to condition the property might let for £750pcm (always an unknown when condition is unknown) but at that rate the gross yield would be 6.4%.
The layouts I have seen in Hambledon tend to be good but as said this is sight unseen.
Markets slow in December and prices typically drop over the winter months so organising a purchase ahead of 2016 might well be wise. Especially with the rise on Stamp Duty of a flat 3% looming in April.
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.
