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Buy To Let Property Review: 2 Bed, Rabbs Mill House, Uxbridge

Mortgages are difficult to acquire on Rabbs Mill House, due to the high rise nature of the building but the property is well worth considering. Frequent visitors will know I am a fan of this property and I will state briefly here why that is.

Mortgages are difficult to acquire on Rabbs Mill House, due to the high rise nature of the building but the property is well worth considering.  Frequent visitors will know I am a fan of this property and I will state briefly here why that is.

  • Well presented communal gardens and common areas
  • Good storage
  • Large bedrooms, lounge and kitchen
  • Strong location near Brunel and Uxbridge 

All this adds up to a good property,  There is work involved in any property and there are likely to be some bills upcoming for RMH owners such as for new double glazing.  But still the property is a good buy.

Two beds were selling for circa £173,000 in July, this one is on the market at £184,950. At the asking price (and who pays that with whispers in the press of a London market which is starting to slow) and let out at £1,000pcm the yield would be 6.5%, well ahead of the average two bed in Uxbridge which has a yield at the moment of around 5.2%.

We see strong demand for these properties, but you need to understand the investment in a non typical property.

 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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