Recently listed with a West Drayton agent is this one bedroom falt. As ever we are not selling this property - just happy to discuss it's merits with buy to let investors who may not know the area.
Recently listed with a West Drayton agent is this one bedroom flat. As ever we are not selling this property - just happy to discuss it's merits with buy to let investors who may not know the area.
The property is about half a mile from the West Drayton station so certainly in the Crossrail catchment area and, whilst not the largest one bedroom flat, it's up for a sensible price with offers over £175,000. Which it will get.
The first floor flat should let for circa £850pcm, perhaps more in good condition. At £180,000 that would make for a yield of 5.7% which is reasonable and better than an average one bed in West Drayton. Some cosmetic work may be needed which a viewing would help you decide upon.
As I mentioned in my post from Saturday, the average one bed yield in West Drayton is around 5.3%.
I would say this property is worth viewing at the least.
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.