2 bedroom flat for sale

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2 bedroom flat for sale

Uxbridge Road, Pinner HA5
£420,000

Price History

Initial price £480,000
16/10/24 £420,000
Price Change -12.50%

Description

This well-maintained 2-bedroom flat in Pinner is a prime investment opportunity, offering strong rental demand, prime location, and long-term growth potential. The property is currently generating a monthly income of £1650 and has the potential to generate an estimated £1750 per month, delivering a healthy gross rental yield. With its location near good transport connections and access to the Metropolitan Line, the property is well-positioned for easy commutes to central London. Additionally, the area is benefiting from regeneration and ongoing development, driving rising property values and rental income potential. The property is also subject to a freehold tenure, with a ground rent of £250 per year and a service charge of £2,500 per year. With its excellent rental yield and minimal vacancy rates, this property is a landlord's dream, offering a steady stream of income from day one.