Park Road runs from Uxbridge to the Swakeley's Roundabout and goes past the Cricket ground, Hillingdon Athletics and Uxbridge College. But very close to town there is a small spur and here you will find the property we are looking at today.
Park Road runs from Uxbridge to the Swakeley's Roundabout and goes past the Cricket ground, Hillingdon Athletics and Uxbridge College. But close to town there's a small spur and here you will find the property we are looking at today.
This one bedroom, on the market for £275,000 with active agents Gibbs Gillespie, is less than half a mile from the station so very close to the town centre. It is well presented and my research tells me it has been offered to rent at £1,000pcm earlier in the year. Another one bedroom in the same development was advertised earlier this month for rent and wasn't on the market too long at £1,195pcm, which is well above the area average for a one bed.
Both were well presented but the one on at £1,195pcm edged it with a balcony and an impressive combination of Art Noveau and a contemporary finish. But I would take from it that the one at £1,000pcm could achieve a higher rent in the future. At £1,000pcm the yield would be 4.4%.
We don't see many properties in North Uxbridge and it's in a lovely area, nicely set back from Park Road, that holds value well. In my opinion this property is likely to make a good long term investment prospect.
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