£112,000
1 bed flat for saleCaroline Close, West Drayton UB7
1 bed
1 bath
1 reception
EPC Rating: C
Reduced on
About this property
Offering an excellent opportunity for investors or buyers looking for a property they can improve and add value to, this first floor apartment is situated within the popular Caroline Close development and is offered to the market at a highly competitive price.
Originally designed as a studio apartment, the property has subsequently been adapted to create separate sleeping accommodation, resulting in a compact one bedroom layout. The bedroom is small but provides useful separation from the main living space.
The apartment is presented in average condition and would benefit from a programme of modernisation. Both the kitchen and bathroom are dated and provide an incoming purchaser with an excellent opportunity to refurbish the property to their own specification.
The accommodation comprises a living area, separate compact bedroom, fitted kitchen and bathroom.
From an investment perspective, the property represents a particularly interesting opportunity at this price point. Subject to condition, specification and the necessary consents, we would anticipate a potential rental value in the region of £1,000–£1,200 per calendar month, providing the possibility of an attractive rental yield following refurbishment.
Caroline Close is conveniently positioned for local shops, amenities and transport connections, with West Drayton Station within walking distance. The station benefits from Elizabeth line services, providing convenient connections towards Heathrow Airport and Central London.
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More information
Tenure
Leasehold (59 years)
Service charge
£1,317 per year
Council tax band
B
Ground rent
£150
Ground rent date of next review
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