Studio flat, Trout Road, West Drayton
On the market with a sales agent is this studio flat on Trout Road, West Drayton. Trout Road is located at the end of West Drayton High Street half a mile from the Crossrail station. That’s 10 mins walk according to Google (although take a couple of minutes longer and you can walk down by the canal).
Route Trout Road to West Drayton Station
The property should let as the agent suggests for circa £650pcm which is £7,800 rent annually and a yield of 6.5%.
Service charges and ground rent are circa £600 pa. So not unreasonable. The lease length is good and the property has residents parking, which I always look for.
The location is strong for local transport.
The property is based on the second floor. I often get asked by landlords what floor it’s best to have a property on and tenants don’t seem to have a preference, the condition is more important, although a pent house suite is nice and those with mobility issues would prefer to be on the ground floor so they will have a widest attraction.
All in all this looks to be a reasonable studio at first blush.