2 Bed Flat, Single Let, Slough, SL1 3SS, £200,000

Bath Road, Slough, SL1 3SS - 1 views - a year ago

Leasehold

BTL

ROI: 10%

~68 m²

+7 photos

ValuationUndervalued

Sold Prices	£110K - £480K
Sold Prices/m²	£1.7K/m² - £4.6K/m²

Square Metres	~68.11 m²
Price/m²	£2.9K/m²
Value Estimate	£225,302£225,302
BMV	13%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£50,000£50,000
Stamp Duty & Legal Fees	£7,200£7,200
Total Cash In	£57,200£57,200

Cash Out
Rent Range	£1,300 - £2,900£1,300 - £2,900
Rent Estimate	£1,400
Running Costs/mo	£925£925
Cashflow/mo	£475£475
Cashflow/yr	£5,700£5,700
ROI	10%10%
Gross Yield	8%8%

Local Sold Prices

32 sold prices from £110K to £480K, average is £228.5K. £1.7K/m² to £4.6K/m², average is £3.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£110K	10/20	0.15 mi	75, Blair Road, Slough SL1 3ST	£1,746	63	2	Flat
£270K	06/21	0.2 mi	57, Windmill Road, Slough SL1 3SX	-	-	2	Flat
£245K	02/21	0.21 mi	8, Adelphi Gardens, Slough SL1 2RG	£4,537	54	2	Flat
£180K	08/21	0.24 mi	Flat 7, Centrika, Bath Road, Slough SL1 3SL	-	-	2	Flat
£112.5K	06/21	0.26 mi	140, Windmill Road, Slough SL1 3SW	£1,815	62	2	Flat
£195K	07/23	0.26 mi	79, Gatewick Close, Slough SL1 3SE	£3,421	57	2	Flat
£237.5K	09/21	0.29 mi	30, Tuns Lane, Slough SL1 2XD	£3,958	60	2	Flat
£227K	04/23	0.33 mi	34, Pickfords Gardens, Slough SL1 3GE	£3,685	62	2	Flat
£230K	03/23	0.33 mi	19, Pickfords Gardens, Slough SL1 3GE	£3,710	62	2	Flat
£136.8K	11/20	0.38 mi	19a, Alexandra Road, Slough SL1 2NQ	£2,358	58	2	Flat
£140K	06/21	0.39 mi	21, Chalvey Gardens, Slough SL1 2LW	£3,043	46	2	Flat
£232.5K	06/21	0.39 mi	9, Beechwood Gardens, Slough SL1 2HW	£3,577	65	2	Flat
£237.5K	09/21	0.46 mi	105, Aspects Court, Slough SL1 2EZ	£3,695	64	2	Flat
£202K	11/20	0.49 mi	50, Thirkleby Close, Slough SL1 3XF	£4,391	46	2	Flat
£290K	03/21	0.5 mi	136, Windsor Road, Slough SL1 2JA	£4,603	63	2	Flat
£235K	06/23	0.58 mi	184, Windsor Road, Slough SL1 2JD	£4,341	54	2	Flat
£480K	10/20	0.62 mi	6, Arborfield Close, Slough SL1 2JW	£3,556	135	2	Flat
£245K	10/20	0.62 mi	28, Winvale, Slough SL1 2JH	£3,141	78	2	Flat
£240K	11/20	0.62 mi	50, Winvale, Slough SL1 2JH	£3,077	78	2	Flat
£225K	02/23	0.63 mi	81, Blair Road, Slough SL1 3ST	£3,214	70	2	Flat
£223K	10/21	0.65 mi	151, Weekes Drive, Slough SL1 2YW	£3,055	73	2	Flat
£215K	04/23	0.71 mi	210, Weekes Drive, Slough SL1 2YR	£2,986	72	2	Flat
£235K	03/23	0.71 mi	174, Weekes Drive, Slough SL1 2YR	£3,219	73	2	Flat
£270K	12/20	0.72 mi	Flat 17, Richard Dodd Place, Osborne Street, Slough SL1 1PP	-	-	2	Flat
£120K	10/20	0.73 mi	Flat 26, Foundry Court, Mill Street, Slough SL2 5FY	-	-	2	Flat
£235K	07/23	0.73 mi	Flat 19, Foundry Court, Mill Street, Slough SL2 5FY	£4,123	57	2	Flat
£253K	05/23	0.74 mi	35, School Lane, Slough SL2 5BU	-	-	2	Flat
£220K	06/21	0.74 mi	113, Weekes Drive, Slough SL1 2YN	£3,013	73	2	Flat
£195K	10/20	0.74 mi	101, Weekes Drive, Slough SL1 2YN	£2,635	74	2	Flat
£218K	12/20	0.74 mi	87, Weekes Drive, Slough SL1 2YN	£2,946	74	2	Flat
£197K	02/21	0.8 mi	128, Farnham Road, Slough SL1 4XA	£3,397	58	2	Flat
£240K	01/23	0.99 mi	64, Aldin Avenue South, Slough SL1 1RR	-	-	2	Flat

Local Rents

49 rents from £1.3K/mo to £2.9K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,450	09/24	0.07 mi	Central Slough	2	Flat
£1,850	03/25	0.11 mi	-	2	Flat
£1,800	08/24	0.11 mi	Park House Apartments, Slough	2	Flat
£1,650	08/24	0.15 mi	Chesterfield House, Slough	2	Flat
£1,475	08/24	0.15 mi	Chesterfield House, Slough	2	Flat
£1,650	08/24	0.15 mi	Chesterfield House, Slough	2	Flat
£1,600	08/24	0.15 mi	Chesterfield House, Slough	2	Flat
£1,675	09/24	0.15 mi	Chesterfield House, Bath Road, Slough, SL1	2	Flat
£1,600	09/24	0.15 mi	Chesterfield House, Slough	2	Flat
£1,450	09/24	0.15 mi	Chesterfield House, Bath Road, Slough, SL1	2	Flat
£1,600	09/24	0.15 mi	Chesterfield House, Bath Road, Slough, SL1	2	Flat
£1,425	09/24	0.15 mi	Chesterfield House, Slough	2	Flat
£1,550	09/24	0.15 mi	Chesterfield House, Bath Road, Slough, SL1	2	Flat
£1,740	09/24	0.15 mi	Chesterfield House, Bath Road, Slough, SL1	2	Flat
£1,650	09/24	0.15 mi	Chesterfield House, Slough	2	Flat
£1,550	01/25	0.17 mi	-	2	Flat
£1,300	01/25	0.17 mi	-	2	Flat
£1,650	01/25	0.18 mi	-	2	Flat
£1,450	09/24	0.18 mi	Worcester Gardens, Slough, Berkshire	2	Flat
£1,600	10/23	0.2 mi	Windmill Road, Slough	2	Flat
£1,400	09/24	0.21 mi	Windmill Road, Slough, SL1	2	Flat
£1,750	02/25	0.21 mi	-	2	Flat
£2,900	11/24	0.21 mi	-	2	Flat
£1,500	02/24	0.22 mi	-	2	Terraced House
£1,500	08/24	0.23 mi	5 Bath Road, Slough, SL1	2	Flat
£1,350	08/24	0.23 mi	Windmill Road, Slough	2	Flat
£1,450	02/25	0.24 mi	-	2	Flat
£2,400	08/24	0.25 mi	-	2	Flat
£2,000	10/24	0.25 mi	-	2	Flat
£1,500	09/24	0.25 mi	-	2	Flat
£1,500	03/25	0.25 mi	-	2	Flat
£1,600	08/24	0.25 mi	Quadrivium Point, Tuns Lane, Slough, SL1	2	Flat
£1,600	08/24	0.28 mi	-	2	Flat
£1,400	03/25	0.28 mi	-	2	Flat
£1,650	02/25	0.29 mi	-	2	Flat
£1,500	09/24	0.29 mi	Pickfords Gardens, Slough, Berkshire, SL1	2	Flat
£1,500	08/24	0.29 mi	-	2	Flat
£1,600	09/24	0.29 mi	-	2	Flat
£1,550	02/25	0.29 mi	-	2	Flat
£1,675	09/24	0.29 mi	-	2	Flat
£1,695	09/24	0.29 mi	-	2	Flat
£1,475	08/24	0.31 mi	Pickford Gardens	2	Flat
£1,650	11/24	0.31 mi	-	2	Flat
£1,750	11/24	0.31 mi	-	2	Flat
£1,550	08/24	0.31 mi	Pickfords Gardens, SLOUGH	2	Flat
£1,350	03/25	0.32 mi	-	2	Flat
£1,517	08/24	0.33 mi	The Factory, Memorial Avenue, Slough	2	Flat
£1,500	08/24	0.33 mi	Stranraer Gardens	2	Flat
£1,850	02/25	0.34 mi	-	2	Flat

Local Area Statistics

Population in SL1	70,23470,234
Population in Slough	168,514168,514
Town centre distance	0.62 miles away0.62 miles away
Nearest school	0.20 miles away0.20 miles away
Nearest train station	0.62 miles away0.62 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-26%-26%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+17%+17%

Property History

Listed for £200,000

February 7, 2024

Floor Plans

Description

Leasehold Term 125 years from 01/01/2004 +
Two bedroom apartment +
Viewings highly recommended +
No chain +

Property Description

A two bedroom apartment in the sought after Bath Road location in Slough, two double bedrooms, living room, kitchen, bathroom walking distance of main line train station, viewings highly recommend

Property Details

Video Viewings:
If proceeding without a physical viewing please note that you must make all necessary additional investigations to satisfy yourself that all requirements you have of the property will be met. Video content and other marketing materials shown are believed to fairly represent the property at the time they were created.

Agent Details

Chancellors, Slough

01753 251931

Next Steps?

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