On the market is this first floor studio flat on Nicholls Avenue at £125,000. The last sale of a studio in this area was for £103,000 a year ago. At an increase according to Land Registry of 17% in Hillingdon property prices over the last year that takes us to £120,000 so this would like to be in first class condition to justify the price tag.
Nicholls Avenue is just off the Harlington Road near Hillingdon Heath and is pretty close to Hillingdon Hospital and might tempt the odd student from Brunel to let the property.
With parking the property should be straightforward to let at circa £700pcm. This would make for a yield at 6.7%.
Belvoir Uxbridge don’t sell property, we are lettings specialists, but we do guide people based on our experience as to what might make a good buy to let property investment in the Uxbridge, Hillingdon, Hayes and West Drayton area. We don’t charge for this service but we would like to manage your property or help you find great tenants.