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Buy To Let Property Review: One Bed Flat, Rabbs Mill House

You'll know of my regard for Rabbs Mill House as I written about the building before. Now there is a nice one bed on the market. Cameron's have the property on the market for OIEO £145,000 and estimate it will let for £875pcm

Rabbs Mill House One Bed - KitchenRabbs Mill House One Bed - KitchenYou'll know of my regard for Rabbs Mill House as I written about the building before.  Now there is a nice one bed on the market.  Cameron’s have the property on the market for OIEO £145,000 and estimate it will let for £875pcm.  To be conservative I would use a figure of £825pcm to make sure that the numbers worked for me.  Always willing to try the market at a higher level but best to be prudent when projecting income.

£825pcm makes for a yield of 6.8%.  Pretty good again from RMH.

Rabbs Mill House One Bed - BedroomRabbs Mill House One Bed - Bedroom

The flat looks decorated and tidy which always helps turn the property around quickly.  I prefer neutral decorations as they have wider appeal, but a splash of colour well done can add to a property.

UPDATE: This flat is now sold subject to contract.

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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