Buy To Let Property Review: One Bed Maisonette, Lanata Walk, Glencoe Estate, Yeading

On the market is this one bedroom maisonette on Lanata Walk, Yeading on the Glencoe estate which is just off the Parkway near the large Tesco’s supermarket.  

This one bedroom maisonette is on the first floor and is well priced at £154,000.

The EPC rating of this property is F.  From April 1st 2018 it will likely be illegal to let this property out as it is too energy inefficient.  However it won’t be too hard to improve the rating to a legally acceptable ‘E’ by increasing the loft insulation.  I would then suggest getting another EPC arranged. Further improvements can be made in the heating by moving from electric heaters to a gas central heating system – which would involve more expense.

With no tube/train in immediate walking distance (the nearest is Southall 1.5 miles away) the allocated parking with this property is important.

I think for a let at £800pcm the yield would be 6.2% which is quite a reasonable return.

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.