2 Bed Flat, Single Let, Maidenhead, SL6 1RJ, £230,000

St Ives Road, Maidenhead, SL6 1RJ - 2 views - a year ago

Leasehold
BTL
ROI: 8%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£145K - £410K
Sold Prices/m²£2.8K/m² - £5.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.4K/m²

Value Estimate

£276,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£1,250 - £4,000

Rent Estimate

£1,490

Running Costs/mo

£1,037

Cashflow/mo

£453

Cashflow/yr

£5,439

ROI

8%

Gross Yield

8%

Local Sold Prices

46 sold prices from £145K to £410K, average is £274.5K. £2.8K/m² to £5.2K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£407K03/210.02 miApartment 36, Chapel Wharf, St Ives Road, Maidenhead, Windsor And Maidenhead SL6 1QS2
£230K09/210.24 mi93, Forlease Road, Maidenhead, Windsor And Maidenhead SL6 1SB2
£290K03/230.32 miFlat 10, Burnham Court, Fairford Road, Maidenhead, Windsor And Maidenhead SL6 7AB2
£180K05/230.34 miFlat 9, Sheringham Court, East Road, Maidenhead, Windsor And Maidenhead SL6 1PQ2
£277.5K01/230.35 mi9, Bailey Close, Maidenhead, Windsor And Maidenhead SL6 7YN2
£260K07/210.35 mi20, Bailey Close, Maidenhead, Windsor And Maidenhead SL6 7YN2
£170K12/200.45 mi9, Risborough Road, Maidenhead, Windsor And Maidenhead SL6 7BJ2
£170K12/200.45 mi9, Risborough Road, Maidenhead, Windsor And Maidenhead SL6 7BJ2
£311K12/200.45 mi24, Risborough Road, Maidenhead, Windsor And Maidenhead SL6 7BJ2
£300K06/230.46 miFlat 9, Springfield Court, Oldfield Road, Maidenhead, Windsor And Maidenhead SL6 1TB2
£280K06/210.48 mi13, Ray Mill Road West, Maidenhead, Windsor And Maidenhead SL6 8SA2
£145K03/230.48 mi20a, North Town Road, Maidenhead, Windsor And Maidenhead SL6 7JF2
£225K01/210.49 mi81, Greenfields, Maidenhead, Windsor And Maidenhead SL6 1BB2
£335K04/230.52 mi1, Lassell Court, Maidenhead, Windsor And Maidenhead SL6 8NE2
£250K04/210.6 mi25, Prince Andrew Close, Maidenhead, Windsor And Maidenhead SL6 8QH2
£300K11/200.61 mi10, Green Close, Maidenhead, Windsor And Maidenhead SL6 7JL2
£217.5K02/210.61 mi4, Green Close, Maidenhead, Windsor And Maidenhead SL6 7JL2
£285K08/210.61 mi4, Green Close, Maidenhead, Windsor And Maidenhead SL6 7JL2
£226K11/210.62 mi9, Blakeney Court, Maidenhead, Windsor And Maidenhead SL6 7ER2
£257K05/210.65 mi68, Collier Close, Maidenhead, Windsor And Maidenhead SL6 7LE2
£290K01/210.65 mi2, Collier Close, Maidenhead, Windsor And Maidenhead SL6 7LE2
£240K04/210.65 mi36, Collier Close, Maidenhead, Windsor And Maidenhead SL6 7LE2
£400K10/210.73 miFlat 11, Callaway, Shoppenhangers Road, Maidenhead, Windsor And Maidenhead SL6 2GG2
£168K11/200.74 mi110, Cookham Road, Maidenhead, Windsor And Maidenhead SL6 7HR2
£389K12/210.75 miFlat 3, Fairway, Shoppenhangers Road, Maidenhead, Windsor And Maidenhead SL6 2PZ2
£390K03/230.75 miFlat 5, Fairway, Shoppenhangers Road, Maidenhead, Windsor And Maidenhead SL6 2PZ2
£340K05/230.75 miFlat 18, Fairway, Shoppenhangers Road, Maidenhead, Windsor And Maidenhead SL6 2PZ2
£397K07/230.75 miFlat 2, St. Peters Lodge, Shoppenhangers Road, Maidenhead, Windsor And Maidenhead SL6 2PZ2
£252.5K03/210.78 miFlat 2, Bridge Court, Bath Road, Taplow, Maidenhead, Buckinghamshire SL6 0AS2
£250K11/200.79 mi29, North Town Moor, Maidenhead, Windsor And Maidenhead SL6 7JR2
£315K10/210.8 mi5, Vicarage Mews, Maidenhead, Windsor And Maidenhead SL6 4FY2
£320K02/210.82 mi69, Larchfield Road, Maidenhead, Windsor And Maidenhead SL6 2SJ2
£260K12/200.83 mi141, Cookham Road, Maidenhead, Windsor And Maidenhead SL6 7EU2
£320K03/230.88 mi75, Belmont Crescent, Maidenhead, Windsor And Maidenhead SL6 6LR2
£225K05/210.88 mi38, Riseley Road, Maidenhead, Windsor And Maidenhead SL6 6EP2
£255K05/210.88 mi19, Riseley Road, Maidenhead, Windsor And Maidenhead SL6 6EP2
£265K01/230.88 mi26, Riseley Road, Maidenhead, Windsor And Maidenhead SL6 6EP2
£410K06/210.9 miFlat 10, The Old Court, Bath Road, Taplow, Maidenhead, Buckinghamshire SL6 0AH2
£250K01/230.9 mi19, Croxley Rise, Maidenhead, Windsor And Maidenhead SL6 4JF2
£210K07/230.9 mi13, Croxley Rise, Maidenhead, Windsor And Maidenhead SL6 4JF2
£271.5K03/210.91 mi5, Brunel Road, Maidenhead, Windsor And Maidenhead SL6 2RP2
£258K04/210.94 mi12, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB2
£285K03/210.94 mi38, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB2
£310K03/230.94 mi28, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB2
£298.5K02/230.94 mi34, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB2
£310K02/230.98 mi21, Lexington Avenue, Maidenhead, Windsor And Maidenhead SL6 4HL2

Local Rents

50 rents from £1.3K/mo to £4K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,80012/240.02 miChapel Wharf, Saint Ives Road, Maidenhead2
£1,60003/250.03 mi-2
£1,60003/250.03 mi-2
£1,92512/240.05 miWatermark, Maidenhead, SL62
£2,30008/240.06 miQueen Street, Maidenhead, Berkshire2
£1,50008/240.07 mi-2
£2,00012/240.08 miThe Picturehouse, Bridge Avenue, Maidenhead, Berkshire, SL62
£1,85008/240.08 miThe Colonnade, MAIDENHEAD2
£2,25008/240.08 miALL BILLS INCLUDED WITHIN THE RENT, The Colonnade, Maidenhead,2
£1,85008/240.08 miThe Colonnade, MAIDENHEAD2
£1,85008/240.08 miThe Colonnade Maidenhead SL62
£1,90008/240.08 miMaidenhead2
£2,00012/240.08 miThe Colonnade Maidenhead SL62
£2,50012/240.08 mi-2
£3,00001/240.08 mi-2
£1,60008/240.08 mi-2
£1,49002/240.09 mi-2
£3,22002/240.09 mi-2
£1,80001/250.09 mi-2
£1,25008/240.09 miMarket Street, Maidenhead2
£1,60008/240.09 miMarket Street2
£1,60008/240.09 mi-2
£1,80008/240.09 miWaterside Court, The Colonnade, Maidenhead, Berkshire, SL6 1DL2
£2,00012/240.1 miCanal Side Maidenhead SL62
£1,80004/250.1 mi-2
£1,42008/240.1 mi51 Providence Place2
£1,60012/240.1 miProvidence House, Providence Place2
£2,00008/240.1 miCrown Lane, Maidenhead2
£3,25002/240.11 mi-2
£1,50008/240.11 miCrown Lane, MAIDENHEAD2
£2,50008/240.12 miMaidenhead, Berkshire, SL62
£1,85012/240.12 miBridge Avenue, Maidenhead, Berkshire, SL62
£1,85012/240.12 miBridge Avenue, Maidenhead, Berkshire, SL62
£1,85012/240.12 miBridge Avenue, Maidenhead, Berkshire, SL62
£1,85012/240.12 miBridge Avenue, Maidenhead, Berkshire, SL62
£4,00012/240.13 mi-2
£4,00012/240.13 mi-2
£4,00012/240.13 mi-2
£4,00002/250.13 mi-2
£4,00002/250.13 mi-2
£4,00002/250.13 mi-2
£4,00002/250.13 mi-2
£4,00002/250.13 mi-2
£4,00002/250.13 mi-2
£4,00002/250.13 mi-2
£4,00002/250.13 mi-2
£4,00002/250.13 mi-2
£4,00003/250.13 mi-2
£4,00002/250.13 mi-2
£4,00003/250.13 mi-2

Local Area Statistics

Population in SL6

77,343

Population in Maidenhead

77,335

Town centre distance

0.74 miles away

Nearest school

0.30 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £230,000

November 3, 2023

Floor Plans

Description

  • Town centre location +
  • Two double bedrooms +
  • Four piece bathroom +
  • Spacious open plan living area +
  • Fitted kitchen with space for appliances +
  • No onward chain +

Step into a spacious, light-filled living room seamlessly integrated with a fitted kitchen and high-quality appliances. The open-plan layout creates an inviting atmosphere, perfect for entertaining guests or simply relaxing after a long day.

Two generously sized double bedrooms offer peaceful retreats, each designed with comfort and relaxation in mind. The apartment boast a four-piece family bathroom, providing convenience and style for modern family living.

Enjoy the vibrant energy of Maidenhead town centre, with an array of bars, pubs, and restaurants just a stone's throw away. Experience the true essence of apartment lifestyle living, where entertainment and leisure options are limitless.

Embrace hassle-free commuting with the main line train station nearby. The Elizabeth line ensures swift connections to various destinations, making these apartments ideal for professionals and commuters alike.

Indulge in the perfect blend of comfort, convenience, and style. These apartments offer a unique opportunity to embrace the apartment lifestyle in one of Maidenhead's most sought-after locations.

Don't miss your chance to make these stunning apartments your new home. Schedule a viewing today and experience the epitome of contemporary urban living.

Agent Details

haart, Maidenhead

01628 334930

Next Steps?

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