On the market with Haart at £135,000-£140,000, this one bedroom first floor property is located close to Heathrow on Hatch Lane, Harmondsworth. The property is in need of modernisation but is well priced and interest will be high.
One bedroom rental property in the area has been advertised recently for between £775pcm and £825pcm and in very good condition for £900pcm. At £800pcm that makes for a yield of 6.8% (at £140,000). As ever that yield will drop depending on the work required.
As you would expect property in Harmondsworth normally attracts interest from some of the 76,000 staff who work at Heathrow.
Further lines of early enquiry for a buyer are parking for tenants and the length of the lease.
