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Buy To Let Property Review: 2 Bed Flat, Millenium Close, Uxbridge Moor 5.1% Yield

Listed with a national agent is this two bedroom flat on Uxbridge Moor. The flat is marketed for £280,000 and is located a pleasant walk around Rockingham Recreation Ground (Park) to get into Uxbridge which is just over half a mile away.

Listed with a national agent is this two bedroom flat on Uxbridge Moor.  The flat is marketed for OIEO £280,000 and is located a pleasant walk around Rockingham Recreation Ground (Park) to get into Uxbridge which is just over half a mile away.  

Flats locally are listed as letting for between £1100 and £1275 so at an average of £1187.50 pcm the yield is 5.1%. Helping this flat achieve that is the two double bedrooms and separate kitchen and reasonable storage. 

For those with a mild aversion to leasehold property the flat does come with a share of the freehold which tends to be a more attractive option than straightforward leasehold but the tends of the share of the freehold will still need careful consideration as you would with a lease.

The location is good - I could see this property being let to two sharers working in Uxbridge or commuting to central.

 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. 

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