The market tends to slow over the Christmas period with less stock coming on and fewer viewers. But it does not stop so if you are looking for a buy to let property there is still property coming onto the market and there is property that has been on the market for a little while that might have been passed over.
I like property where there is less interest as there is more scope to get the property at a fair price. Although in a market with good knowledge all round, all prices are fair!
If you like yield and a regular rental income a property like this could be suitable, with Haarts. Nicely presented property in a tower block in Woburn Tower, Boomcroft Avenue, Yeading Hayes. Never going to be stellar capital growth wise and will require capital to purchase. The price is £199,000 good value for a two bed. The rental income at £950pcm would make for a yield of 5.7%.
Northcote House, Larch Crescent
By comparison is this one at £244,950. Again on with Haart Estate Agents a two bed at Northcote House, Larch Crescent, Yeading. These are both Yeading way so further from transport.
Penrith Close
Close to Uxbridge is this two bedroom maisonette on Penrith Close. On the market with Gibbs Gillespie it is priced at £285,000. The property is let at £1200pcm and will offer a higher rent and a strong chance of capital growth. So a gross yield of just over 5%.
Plenty of choice out there!
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.
