On with Haart, this studio flat is on the market at £109,950 and is located in the popular Newcourt, Cowley. The area is popular with renters and buy to let investors. The location is near the Grand Union Canal is a mile from West Drayton Station and 1.5 miles from Uxbridge.
Newcourt property typically changes hands every 9.5 years, compared to a nation average of around every 25 years. So we can see they sell quite nicely.
Studio flats typically let for around £625pcm. Which is makes for a yield of 6.8%. You will need to factor in service charges and ground rent into costs.
The property has a good energy rating but the lease length is unknown at this stage.
