2 Bed Flat, Single Let, Windsor, SL4 4EF, £220,000

Windsor, Berkshire, SL4 4EF - 7 views - 2 years ago

Leasehold

BTL

ROI: 9%

~68 m²

+8 photos

ValuationUndervalued

Sold Prices	£200K - £685K
Sold Prices/m²	£3.6K/m² - £8.3K/m²

Square Metres	~68.11 m²
Price/m²	£3.2K/m²
Value Estimate	£264,000£264,000
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£55,000£55,000
Stamp Duty & Legal Fees	£7,800£7,800
Total Cash In	£62,800£62,800

Cash Out
Rent Range	£1,400 - £3,990£1,400 - £3,990
Rent Estimate	£1,484
Running Costs/mo	£1,004£1,004
Cashflow/mo	£480£480
Cashflow/yr	£5,756£5,756
ROI	9%9%
Gross Yield	8%8%

Local Sold Prices

34 sold prices from £200K to £685K, average is £308.8K. £3.6K/m² to £8.3K/m², average is £4.7K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£260K	09/21	0.21 mi	10, Byron Court, Windsor, Slough SL4 4PU	-	-	2	Flat
£291.4K	06/21	0.21 mi	1, Byron Court, Windsor, Windsor And Maidenhead SL4 4PU	£4,483	65	2	Flat
£200K	04/23	0.31 mi	Flat 19, Imperial Court, Imperial Road, Windsor, Windsor And Maidenhead SL4 3RE	-	-	2	Flat
£370K	06/21	0.36 mi	Apartment 9 West Wing, Recognition House, Bridgeman Drive, Windsor, Windsor And Maidenhead SL4 3TD	-	-	2	Flat
£257K	03/23	0.42 mi	40b, Hanover Way, Windsor, Windsor And Maidenhead SL4 5NR	£4,356	59	2	Flat
£348K	09/21	0.46 mi	16, Westmead, Windsor, Windsor And Maidenhead SL4 3NL	£5,395	65	2	Flat
£275K	04/23	0.51 mi	Apartment 22, Urbis, Wolf Lane, Windsor, Windsor And Maidenhead SL4 4GY	-	-	2	Flat
£276.5K	01/21	0.51 mi	Apartment 2, Urbis, Wolf Lane, Windsor, Windsor And Maidenhead SL4 4GY	£3,638	76	2	Flat
£323.5K	06/21	0.51 mi	77a, Bulkeley Avenue, Windsor, Windsor And Maidenhead SL4 3NF	-	-	2	Flat
£264.9K	06/21	0.52 mi	Flat 3, Talbot Court, St Leonards Road, Windsor, Windsor And Maidenhead SL4 3EB	£4,731	56	2	Flat
£295K	12/22	0.52 mi	7, Concorde Court, Windsor, Windsor And Maidenhead SL4 3SH	£4,214	70	2	Flat
£685K	01/21	0.56 mi	3, Springfield Close, Windsor, Windsor And Maidenhead SL4 3PT	£8,253	83	2	Flat
£330K	09/21	0.57 mi	8, Green Lane, Windsor, Windsor And Maidenhead SL4 3SA	£4,502	73	2	Flat
£333K	01/23	0.62 mi	17, Monks Road, Windsor, Windsor And Maidenhead SL4 4PE	£5,128	65	2	Flat
£294K	11/21	0.62 mi	21, Chantry Close, Windsor, Windsor And Maidenhead SL4 5EP	£4,714	62	2	Flat
£323K	05/23	0.62 mi	24, Chantry Close, Windsor, Windsor And Maidenhead SL4 5EP	£4,969	65	2	Flat
£320K	11/21	0.62 mi	16a, Monks Road, Windsor, Windsor And Maidenhead SL4 4PE	-	-	2	Flat
£335K	04/23	0.62 mi	24, Monks Road, Windsor, Windsor And Maidenhead SL4 4PE	£4,955	68	2	Flat
£330K	03/23	0.65 mi	6, Pavilions, Windsor, Windsor And Maidenhead SL4 5GE	£4,177	79	2	Flat
£285K	06/23	0.67 mi	Flat 4, Morris Court, Longmead, Windsor, Windsor And Maidenhead SL4 5QE	£4,831	59	2	Flat
£275K	09/20	0.68 mi	85, Wolf Lane, Windsor, Windsor And Maidenhead SL4 4YY	£4,044	68	2	Flat
£300K	03/23	0.79 mi	Flat 8, Villiers Court, Maidenhead Road, Windsor, Windsor And Maidenhead SL4 5ED	£4,762	63	2	Flat
£300K	12/22	0.8 mi	Flat 7, Maple Court, St Leonards Road, Windsor, Windsor And Maidenhead SL4 3EE	-	-	2	Flat
£354K	06/21	0.82 mi	Flat 19, Osborne Court, Osborne Road, Windsor, Windsor And Maidenhead SL4 3EP	-	-	2	Flat
£342.5K	03/21	0.82 mi	Flat 39, Osborne Court, Osborne Road, Windsor, Windsor And Maidenhead SL4 3EP	-	-	2	Flat
£290K	06/21	0.83 mi	Flat 3, Lawrence Court, Alma Road, Windsor, Windsor And Maidenhead SL4 3HB	-	-	2	Flat
£310K	06/21	0.83 mi	Flat 5, Lawrence Court, Alma Road, Windsor, Windsor And Maidenhead SL4 3HB	-	-	2	Flat
£370K	01/23	0.85 mi	Flat 11, Montpellier Court, St Leonards Road, Windsor, Windsor And Maidenhead SL4 3DQ	-	-	2	Flat
£365K	12/22	0.86 mi	Flat 3, Montpellier Court, St Leonards Road, Windsor, Windsor And Maidenhead SL4 3DQ	-	-	2	Flat
£278K	01/23	0.94 mi	25, Alma Road, Windsor, Windsor And Maidenhead SL4 3HW	£6,178	45	2	Flat
£200K	03/21	0.94 mi	Flat 9, Crossways Court, Osborne Road, Windsor, Windsor And Maidenhead SL4 3EL	-	-	2	Flat
£307.5K	12/22	0.94 mi	Flat 14, Crossways Court, Osborne Road, Windsor, Windsor And Maidenhead SL4 3EL	-	-	2	Flat
£370K	05/23	0.94 mi	89a, St Leonards Road, Windsor, Windsor And Maidenhead SL4 3BZ	-	-	2	Flat
£405K	05/21	0.94 mi	The Garden Flat, 146, Arthur Road, Windsor, Windsor And Maidenhead SL4 1RY	-	-	2	Flat

Local Rents

40 rents from £1.4K/mo to £4K/mo, average is £1.7K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,495	09/24	0.15 mi	62 Clewer Hill Road Windsor SL4	2	Flat
£1,500	08/24	0.18 mi	Convent Court, Hatch Lane, Windsor	2	Flat
£1,695	09/24	0.18 mi	Convent Court, Hatch Lane, Windsor	2	Flat
£1,695	09/24	0.21 mi	Longbourn Windsor SL4	2	Flat
£1,750	09/24	0.25 mi	Longbourn	2	Flat
£1,750	11/24	0.27 mi	-	2	Flat
£3,990	01/25	0.27 mi	-	2	Flat
£2,000	08/24	0.28 mi	-	2	Terraced House
£1,595	08/24	0.28 mi	Hatch Lane, Windsor, Berkshire, SL4	2	Flat
£3,100	08/24	0.28 mi	-	2	Flat
£2,875	08/24	0.28 mi	-	2	Terraced House
£3,100	10/24	0.28 mi	-	2	Terraced House
£3,100	11/24	0.28 mi	-	2	Terraced House
£3,100	11/24	0.28 mi	-	2	Terraced House
£3,100	11/24	0.28 mi	-	2	Terraced House
£2,800	11/24	0.28 mi	-	2	Terraced House
£3,100	12/24	0.28 mi	-	2	Terraced House
£3,100	01/25	0.28 mi	-	2	Terraced House
£1,650	02/25	0.34 mi	-	2	Flat
£1,850	08/24	0.34 mi	Imperial Road	2	Flat
£1,400	08/24	0.35 mi	Terrent Court, Dedworth Road, Windsor	2	Flat
£1,750	09/24	0.35 mi	Bridgeman Drive Windsor SL4	2	Flat
£1,995	03/25	0.36 mi	-	2	Flat
£1,500	08/24	0.38 mi	Albion Place, Hatch Lane	2	Terraced House
£1,575	09/24	0.41 mi	Windsor, Berkshire, SL4	2	Flat
£1,600	08/24	0.41 mi	-	2	Flat
£1,750	11/24	0.41 mi	-	2	Flat
£1,649	12/24	0.41 mi	-	2	Flat
£1,700	08/24	0.43 mi	-	2	House
£1,900	08/24	0.45 mi	Vale Road	2	Terraced House
£1,500	08/24	0.45 mi	Oak Lane Windsor SL4	2	Flat
£1,450	08/24	0.5 mi	Clarence Road Windsor SL4	2	Flat
£1,700	09/24	0.51 mi	Wolf Lane, Windsor	2	Flat
£1,575	09/24	0.52 mi	Wolf Lane, Windsor, Berkshire, SL4	2	Flat
£1,600	08/24	0.53 mi	Urbis, Wolf Lane , Windsor	2	Flat
£1,500	09/24	0.55 mi	-	2	Flat
£1,500	09/24	0.56 mi	Jarratt House, St Leonards Road, Windsor, SL4	2	Flat
£1,600	08/24	0.56 mi	St. Leonards Road, Windsor, SL4	2	Flat
£1,995	09/24	0.57 mi	Clarence Road, Windsor, Berkshire, SL4	2	Flat
£1,950	09/24	0.57 mi	Clarence Road, Windsor, Berkshire, SL4	2	Flat

Local Area Statistics

Population in SL4	43,22243,222
Population in Windsor	43,22743,227
Town centre distance	0.68 miles away0.68 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.23 miles away1.23 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+14%+14%
Sales demand	Buyer's marketBuyer's market
Capital growth (5yrs)	+10%+10%

Property History

Listed for £220,000

August 9, 2023

Floor Plans

Description

Leasehold Term 100 years from 01/01/1988 +
Two Bedrooms +
Ensuite +
Two Bathrooms +
Close to local shops and amenities +
Popular Development +
Two Allocated Parking Spaces +
Perfect Rental Investment +

Property Description

A two bedroom apartment with en-suite to the master bedroom. The property is currently rented. Located close to Windsor town centre.

Agent Details

Chancellors, Windsor

01753 980042

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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