On the market at the moment is this two bedroom flat at £155,000.
Rabbs Mill House is a well-managed block close to Uxbridge town centre, located on Chiltern View Road. Despite its imposing structure the building offers spacious accommodation. The block is kept clean and is well looked after, to my observation, by the community run management team.
The Rabbs Mill House is handy for Brunel University and Uxbridge town centre. We have recently let property here and depending on your timing overseas students they will often pay rent in advance by six months or a year to secure quality lodgings. For Brunel overseas students are often looking in September.
Rent of £950pcm will attract a lot of demand and would make the gross yield on this property 7.3%.
However research is needed on the lease length and service charge. The EPC rating of F is going to need addressing before 2018. I consider this property well worth further investigation.
