2 Bed Flat, Single Let, Slough, SL3 0NN, £275,000

Colnbrook, SL3 0NN - 4 views - a year ago

BTL
ROI: 9%
~68 m²
+1 photos

ValuationUndervalued

Sold Prices£132.5K - £350K
Sold Prices/m²£2.6K/m² - £5.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£4K/m²

Value Estimate

£284,435
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£68,750

Stamp Duty & Legal Fees

£10,700

Total Cash In

£79,450

 

 

Cash Out

 

Rent Range

£1,750 - £2,550

Rent Estimate

£1,806

Running Costs/mo

£1,241

Cashflow/mo

£565

Cashflow/yr

£6,785

ROI

9%

Gross Yield

8%

Local Sold Prices

42 sold prices from £132.5K to £350K, average is £260K. £2.6K/m² to £5.8K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£260K05/230.5 miFlat 4, Abington, Park Street, Colnbrook, Slough SL3 0HS2
£205K02/210.57 miFlat 2, Bridge House, Bridge Street, Colnbrook, Slough SL3 0JH2
£218K05/230.68 miFlat 2, St Andrews Court, High Street, Colnbrook, Slough SL3 0HU2
£132.5K04/210.75 mi109, Vicarage Way, Colnbrook, Slough SL3 0RB2
£275K02/231.31 mi122a, Hithermoor Road, Staines-upon-thames, Surrey TW19 6BB2
£295K10/221.32 mi67, Benen Stock Road, Staines-upon-thames, Surrey TW19 6AN2
£230K03/211.32 mi51, Benen Stock Road, Staines, Surrey TW19 6AN2
£230K06/211.4 mi87, Laburnum Grove, Slough SL3 8QT2
£275K08/231.4 mi67, Laburnum Grove, Slough SL3 8QT2
£233K06/211.4 mi119, Laburnum Grove, Slough SL3 8QT2
£260K09/231.4 mi40, Laburnum Grove, Slough SL3 8QU2
£250K06/231.44 mi1, Laburnum Grove, Slough SL3 8QS2
£253.5K09/211.44 mi3, Laburnum Grove, Slough SL3 8QS2
£312K12/201.47 mi30, Candover Close, Harmondsworth, West Drayton, Greater London UB7 0BD2
£231.5K01/211.5 miFlat 2, New Horton Manor, Dawn Redwood Close, Horton, Slough, Windsor And Maidenhead SL3 9QR2
£250K02/211.5 miFlat 10, New Horton Manor, Dawn Redwood Close, Horton, Slough, Windsor And Maidenhead SL3 9QR2
£254.9K03/211.5 miFlat 15, New Horton Manor, Dawn Redwood Close, Horton, Slough, Windsor And Maidenhead SL3 9QR2
£241K11/231.54 mi56, Welland Close, Slough SL3 8UP2
£220K03/211.54 mi29, Welland Close, Slough SL3 8UP2
£270K07/231.54 mi3, Sovereign Heights, Slough SL3 8PZ2
£295K10/201.6 mi87, Grasholm Way, Slough SL3 8WF2
£250K05/231.71 mi44, Grampian Way, Slough SL3 8UG2
£230K04/231.71 mi32, Grampian Way, Slough SL3 8UG2
£240K08/231.73 mi3, Sir Robert Mews, Slough SL3 8ND2
£260K07/211.88 miFlat 3, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£263K03/211.88 miFlat 7, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£289K06/211.88 miFlat 2, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£265K01/231.88 miFlat 20, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£275K02/211.88 miFlat 27, Waterford House, Thorney Mill Road, West Drayton, Greater London UB7 7DL2
£327K05/231.89 mi15, Old Mill Place, Wraysbury, Staines-upon-thames, Windsor And Maidenhead TW19 5LY2
£318K11/201.89 mi15, Old Mill Place, Wraysbury, Staines, Windsor And Maidenhead TW19 5LY2
£282K10/221.89 mi16, Wylands Road, Slough SL3 8JT2
£243.5K01/211.9 mi2, Wylands Road, Slough SL3 8JT2
£317K09/221.9 mi21, Selwood Gardens, Stanwell, Staines-upon-thames, Surrey TW19 7NX2
£287K10/231.9 mi6, Selwood Gardens, Stanwell, Staines-upon-thames, Surrey TW19 7NX2
£290K02/211.92 mi76, Oaks Road, Stanwell, Staines, Surrey TW19 7LB2
£350K09/221.95 mi26a, Bathurst Walk, Iver, Buckinghamshire SL0 9AZ2
£270K12/211.97 mi43, Hawkes Close, Langley, Slough SL3 8BN2
£282.5K03/211.97 mi22, Hawkes Close, Langley, Slough SL3 8BN2
£240K09/231.97 mi5, Tracy Avenue, Slough SL3 7GN2
£300K12/211.98 mi5a, Wellesley Avenue, Iver, Buckinghamshire SL0 9AU2
£225K07/231.98 mi15, Tithe Court, Slough SL3 8AS2

Local Rents

11 rents from £1.8K/mo to £2.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£1,75003/250.01 mi-2
£1,80009/240.51 miPark Street2
£1,80009/240.51 miPark Street, Colnbrook, Slough, Berkshire, SL32
£1,85009/240.89 miStation Road, Langley, Slough, Berkshire, SL32
£2,50002/251.18 mi-2
£2,50002/251.18 mi-2
£2,50002/251.18 mi-2
£2,45002/251.18 mi-2
£2,55002/251.18 mi-2
£2,55002/251.18 mi-2
£2,40002/251.18 mi-2

Local Area Statistics

Population in SL3

45,182

Population in Slough

168,514

Town centre distance

4.42 miles away

Nearest school

0.10 miles away

Nearest train station

1.08 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-46%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £275,000

February 6, 2024

Description

  • MODERN FITTED KITCHEN +
  • LARGE RECEPTION +
  • TWO BEDROOMS +
  • BATHROOM +
  • GARAGE +
  • ADDITIONAL PARKING +
  • VILLAGE LOCATION +
  • CLOSE TO MOTORWAY NETWORK +

DETAILS IMMACULATE
This lovely two bedroom apartment is presented in excellent order and provides the ideal opportunity for a first time buyer or an investor. The property provides a large reception, modern fitted kitchen and bathroom with a garage and additional parking. Located in the heart of Colnbrook village providing easy access to the motorway network, schools and village stores
BEING SOLD WITH NO ONWARD CHAIN.  

ENTRANCE HALL Door leading into entrance hall with carpeted flooring, loft access and doors to rooms 

LOUNGE Modern bright lounge with carpeted flooring, a front aspect double glazed window and modern downlighters 

KITCHEN Modern fully fitted kitchen offering a broad selection of base and eye level units in a white gloss complimented with splash back tiling and worktop, under unit illumination, sink with mixer tap beneath the rear aspect double glazed window, fitted hob and oven with a chimney hood over, fridge freezer and washer dryer. 

BEDROOM Large family bedroom with a front aspect double glazed window and carpeted flooring 

BEDROOM Double bedroom with a rear aspect double glazed window and carpeted flooring 

BATHROOM Modern family bathroom comprising of a bath with shower over, wash basin with basin within a vanity unit, W.C tiled walls and flooring a large towel radiator a rear aspect double glazed window

Agent Details

S John Homes, Colnbrook

01753 251668

Next Steps?

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