On the market with Tomkins Davis is this studio flat in Abbotswood Way, just off Avondale Drive. It’s about a mile from Hayes and Harlington station, so within walking distance of the station, through Hayes town centre and so should benefit from Crossrail rolling through in 2019.
The price asked is £140,000 with a stated rent of £660pcm currently achieved with a sitting tenant. That makes for a gross yield of 5.6%. Quite reasonable these days!
I understand as well that leases are quite long in Abbotswood – around 250 years so that should be one less worry. However you will need to do your own research and the value will also reflect the condition of the property.
If you are looking for a well placed studio that will benefit from Crossrail this one might be worth speaking to the agents about.
Belvoir Uxbridge 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. But the decision is theirs. We don’t charge for this service but we would like to manage your property or help you find great tenants.
