On the market with Bennett’s this two bedroom flat on Cornwall Road, North Uxbridge is looking for new owner with an ‘offer in excess of’ £245,000. Location is great being so close to Uxbridge town centre and North Uxbridge is regarded as a comfortable place to live. A quiet and peaceful area, which normally makes for stable prices for an investor.
The property benefits from a long lease (144 years) and a share of the freehold which is always advantaegous in a flat. A two bedroom property in good condition like this in this area should let for around £1250pcm. On a purchase price of £245,000 this makes for an attractive yield of 6.1%.
The property also comes with a garage and parking, again a nice bonus. Rooms sizes seem reasonable, with a 4m kitchen and both rooms being large enough to accomodate a double bed. This property looks like it will be worth viewing.
