Was talking to a landlord today about how popular the flats are around The Greenway near to Brunel. They benefit from the proximity to the great transport links that Uxbridge offers with the station, the A40/M40/M25 and the local tube station at Uxbridge with access to the Metropolitan line and the Piccadilly lines.
To prove my point there are really not many flats on the market in the area at the moment, so what about small houses, the next option up?
Chiltern View Road
One freehold option that is on the market is a nice two bedroom house on Chiltern View Road, which runs parallel with The Greenway. The house is marketed at £325,000 and in excellent condition should let for £1,350pcm. And to be frank the property looks to be in nice condition. At this level the yield will be 4.98%.
Being free of leasehold issues and being a house makes for a more expensive property, typically a premium of around £60,000 at this level over a flat. But this does make an attractive let and offers good long term capital appreciation possibilities with the strong location. Does having the garden and being lease free justify the premium for a buy to let investor?
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.
Based on publicly available information a review is not a recommendation to buy, more to share what we are thinking about the property. Talk to us if you want to know more.
