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Buy To Let Property Review: Studio, Caroline Close, West Drayton

On the market in West Drayton is this realistically priced studio at £100,000. Located about half a mile from West Drayton station in Caroline Close. It's quite close to my last review on Osprey Close.

On the market in West Drayton is this realistically priced studio at £100,000.  Located about half a mile from West Drayton station in Caroline Close.  It's quite close to my last review on Osprey Close.  

The agents, Oakwood estimate rent at circa £575pcm which should be achieveable and this would give a total annual rent of £6900, making for a yield of 6.9%.  The lease is 74 years, so short which would need extending and the service charge and ground rent are £708pa. 

The property is offered with no chain so should make completion relatively speedy and simple for a Buy To Let Investor.

The property comes with a bathroom with enough space for a bath - somewhat rare with studios in the area - they often have just a shower.

 

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