2 Bed Flat, Single Let, RG45 6PG £250,000

The Avenue, Crowthorne, Berkshire, RG45 6PG - 4 views - 2 years ago
Sold STC
BTL
ROI: 2%
~56 m²
Property image
Property image
Property image
Property image

ValuationOvervalued

Sold Prices£110K - £392K
Sold Prices/m²£2.9K/m² - £5.9K/m²

 

 

Square Metres

~56.11 m²
Price/m²£4.5K/m²

Value Estimate

£227,112

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£870 - £1,925

Rent Estimate

£1,163

Running Costs/mo

£1,034

Cashflow/mo

£129

Cashflow/yr

£1,550

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £110K to £392K, average is £256.5K. £2.9K/m² to £5.9K/m², average is £4.1K/m².

Price
Date
Distance
Address
Beds
 
£227.5K01/250 miFlat 3, 18, The Avenue, Crowthorne RG45 6PG2
£227.5K01/250 mi18, Flat 3, The Avenue, Crowthorne RG45 6PG2
£392K02/250.13 mi18, Fleur De Lis, Dukes Ride, Crowthorne RG45 6AZ2
£392K02/250.13 mi18, Fleur De Lis, Dukes Ride, Crowthorne RG45 6AZ2
£242.5K06/230.19 mi19, Barracane Drive, Crowthorne, Bracknell Forest RG45 7NU2
£230K09/220.19 mi20, Barracane Drive, Crowthorne, Bracknell Forest RG45 7NU2
£275K03/250.2 mi19, Barracane Drive, Crowthorne RG45 7NU2
£275K03/250.2 mi19, Barracane Drive, Crowthorne RG45 7NU2
£240K08/220.21 mi48, Waterloo Road, Crowthorne, Bracknell Forest RG45 7NT2
£280K04/250.3 mi90, Waterloo Road, Crowthorne RG45 7NW2
£280K04/250.3 mi90, Waterloo Road, Crowthorne RG45 7NW2
£110K08/210.31 miFlat 4, Emerson Court, Albert Walk, Crowthorne, Bracknell Forest RG45 7EB2
£110K09/210.31 miFlat 30, Emerson Court, Albert Walk, Crowthorne, Bracknell Forest RG45 7EB2
£120K03/230.31 miFlat 26, Emerson Court, Albert Walk, Crowthorne, Bracknell Forest RG45 7EB2
£240K01/230.32 miFlat 6, Emerson Court, Albert Walk, Crowthorne, Bracknell Forest RG45 7EB2
£250K05/250.32 mi10, Emerson Court, Albert Walk, Crowthorne RG45 7EB2
£250K05/250.32 mi10, Emerson Court, Albert Walk, Crowthorne RG45 7EB2
£250K05/250.32 mi10, Emerson Court, Albert Walk, Crowthorne RG45 7EB2
£245K01/230.33 mi91, Heath Hill Road South, Crowthorne, Bracknell Forest RG45 7BH2
£217.5K03/250.34 mi18, Oak Lodge, New Road, Crowthorne RG45 6SL2
£217.5K03/250.34 mi18, Oak Lodge, New Road, Crowthorne RG45 6SL2
£270K01/250.36 mi2, Wulwyn Court, Crowthorne RG45 6ET2
£270K01/250.36 mi2, Wulwyn Court, Crowthorne RG45 6ET2
£280K01/250.36 miBirch Court, 7, Birch Side, Crowthorne RG45 6HR2
£280K01/250.36 mi7, Birch Court, Birch Side, Crowthorne RG45 6HR2
£280K01/250.36 mi7, Birch Court, Birch Side, Crowthorne RG45 6HR2
£275K01/250.38 mi16, Wulwyn Court, Crowthorne RG45 6ET2
£275K01/250.38 mi16, Wulwyn Court, Crowthorne RG45 6ET2
£277.5K08/240.38 mi87, Heath Hill Road South, Crowthorne RG45 7BH2
£272.5K08/240.38 mi18, Wulwyn Court, Crowthorne RG45 6ET2
£187K06/250.39 mi128, High Street, Crowthorne RG45 7AT2
£187K06/250.39 mi128, High Street, Crowthorne RG45 7AT2
£220K11/210.39 mi122, High Street, Crowthorne, Bracknell Forest RG45 7AT2
£242.5K11/210.39 mi89, Heath Hill Road South, Crowthorne, Bracknell Forest RG45 7BH2
£235K02/230.39 mi95, Heath Hill Road South, Crowthorne, Bracknell Forest RG45 7BH2
£258K05/250.42 mi12, Peninsula Place, Napier Road, Crowthorne RG45 7BD2
£258K05/250.42 mi12, Peninsula Place, Napier Road, Crowthorne RG45 7BD2
£255K07/230.42 mi5, Heathermount Gardens, Crowthorne, Wokingham RG45 6HW2
£251.5K05/230.43 mi10, Lyon Road, Crowthorne, Wokingham RG45 6RT2
£255K12/240.44 mi101 Croeso, 3, Pinewood Avenue, Crowthorne RG45 6RQ2
£300K08/220.44 mi6, Lyon Road, Crowthorne, Wokingham RG45 6RT2
£150K11/240.45 mi40, Copenhagen Walk, Crowthorne RG45 7QU2
£290K10/240.49 miWellesley Court, 19, Dukes Ride, Crowthorne RG45 6DG2
£312K11/240.5 miWellesley Court, 12, Dukes Ride, Crowthorne RG45 6DG2
£267.5K09/220.54 mi72, Shaw Park, Crowthorne, Bracknell Forest RG45 7QL2
£278K03/250.56 mi68, Shaw Park, Crowthorne RG45 7QL2
£278K03/250.56 mi68, Shaw Park, Crowthorne RG45 7QL2
£233K06/230.56 mi14, Wentworth Close, Crowthorne, Wokingham RG45 6UL2
£260K11/210.57 mi25, Hinton Close, Crowthorne, Wokingham RG45 6LA2
£265K08/220.59 mi24, Shaw Park, Crowthorne, Bracknell Forest RG45 7QL2

Local Rents

50 rents from £870/mo to £1.9K/mo, average is £1.4K/mo.

Rent
Date
Distance
Address
Beds
 
£1,68008/250.07 miLeaf Living at Buckler's Park, Crowthorne, RG45, Crowthrone2
£1,68010/250.07 miLeaf Living at Buckler's Park, Crowthorne, RG45, Crowthrone2
£1,68008/250.07 miLeaf Living at Buckler's Park, Crowthorne, RG45, Crowthrone2
£1,92508/250.07 miLeaf Living at Buckler's Park, Crowthorne, RG452
£1,25007/240.13 miDukes Ride, Crowthorne, Berkshire, RG452
£1,25007/240.28 miWaterloo Road, Crowthorne2
£1,40007/240.28 miWaterloo Road, Crowthorne2
£1,35008/240.28 miWaterloo Road, Crowthorne2
£1,35007/240.28 miWaterloo Road, Crowthorne, Berkshire, RG452
£1,35008/240.32 miNugee Court, Dukes Ride, Crowthorne, RG452
£1,40011/250.34 miLinkway, Crowthorne, RG45 6EU2
£1,29511/250.35 miHeathermount Gardens, Crowthorne, RG452
£1,79507/250.35 miGreenwood Road, Crowthorne, RG452
£1,49509/250.36 miWulwyn Court, Linkway, Crowthorne, RG452
£1,40006/250.36 miBirchside, Crowthorne, Berkshire, RG45 6HR2
£95007/250.36 miBirch Court, Birchside, Crowthorne2
£1,35009/250.36 miLinkway, Crowthorne, Berkshire, RG45 6ET2
£1,15007/240.37 mi2b Larkswood Drive, Crowthorne, RG452
£1,47506/250.37 miOakwood Place, Dukes Ride, Crowthorne, RG452
£1,40007/240.39 miHigh Street, Crowthorne2
£1,40008/240.39 miHigh Street, Crowthorne2
£1,75008/240.39 miPinewood Avenue, Crowthorne2
£1,45006/250.39 miHigh Street, Crowthorne, RG452
£1,25007/240.39 miHigh Street, Crowthorne, Berkshire, RG452
£1,40010/250.39 miHeath Hill Road South, Crowthorne2
£1,60006/250.4 miChurch Street, Crowthorne, Berkshire, RG452
£1,40007/240.41 miAlpha House, Napier Road, Crowthorne, Berkshire, RG452
£1,35007/240.41 miNapier Road, Crowthorne2
£1,35007/240.41 miAlpha House, Napier Road, Crowthorne, Berkshire, RG452
£90007/250.41 miCheney Court, Pinewood Avenue, Crowthorne2
£1,35011/250.42 miPeninsula Place, Napier Road, Crowthorne, RG452
£1,40007/250.42 miCheney Court, Pinewood Avenue, Crowthorne, Berkshire, RG45 6RD2
£1,40008/250.42 mi104 Pinewood Avenue, Crowthorne, Berkshire, RG45 6RD2
£1,30008/250.42 miPinewood Avenue, Crowthorne, Berkshire, RG45 6RD2
£1,30009/250.42 miPinewood Avenue, Crowthorne, Berkshire, RG45 6RD2
£1,30008/250.42 miPinewood Avenue, Crowthorne, Berkshire, RG45 6RD2
£1,40007/250.42 miNapier Road, Crowthorne, RG452
£1,25001/250.42 mi-2
£1,30009/250.44 miLyon Road, Crowthorne, RG452
£1,45007/240.44 mi101 Pinewood Avenue, Crowthorne, Berkshire, RG45 6RQ2
£1,45007/240.44 miCambridge Road, Crowthorne, Berkshire, RG452
£1,39507/240.44 miCambridge Road, Crowthorne, Berkshire, RG452
£1,35009/250.44 miCambridge Road, Crowthorne, Berkshire, RG452
£1,55008/240.45 miDevonshire Court, Crowthorne, RG452
£1,20007/240.46 miCambridge Road, Crowthorne, Berkshire, RG452
£87008/250.46 miHeathermount Gardens, Crowthorne, RG452
£1,90007/250.46 miLeaf Living at Buckler's Park, Crowthorne, RG45, Berkshire2
£1,30009/250.47 miHigh Street, Crowthorne, RG452
£1,45007/240.47 miChurch Street, Crowthorne, RG452
£1,29505/250.48 mi-2

Local Area Statistics

Population in RG45

14,202

Nearest school

0.60 miles away

Nearest train station

0.85 miles away

 

 

Rental growth (12m)

+57%

Sales demand

Seller's market

Capital growth (5yrs)

+19%

Property History

Listed for £250,000

April 25, 2024

Floor Plans

Property image

Description

  • Gas radiator heating +
  • Character high ceilings +
  • Short walk to village +
  • Photographs taken 2022 +

Located in one of the most desirable roads in Crowthorne and benefiting from a share of the freehold, a two bedroom first floor apartment in a converted character building believed to be build c.1904. Benefiting from a single garage in a block and parking to the rear, accommodation comprises as follows: entrance hallway with storage cupboards, kitchen, living/dining room with bay window, two double bedrooms and a family bathroom. The property is offered to the market with no onward chain.

Situation - located about half of a mile to the village High Street on The Avenue, which is regarded as one of Crowthorne's most desirable roads, an avenue made up of a variety of individual properties on mature good size plots. Good local schools at all levels are all within reasonable distance (subject to catchment areas).

Outside - The property is accessed by an external metal staircase. There is parking to the rear with the property and a shared communal garden mainly laid to lawn. Lease detail: 999 years from 1 January 2006 leaving 981 yrs. Currently there is no ground rent or monthly maintenance charge payable NB. This is information you should verify with your solicitor as part of the conveyancing process.

Energy Performance Rating - C

Council Tax Rating - C

Local Authority - Wokingham Borough Council

Directions - From our Crowthorne office, turn right onto Dukes Ride and proceed until you reach the second turning on the right which is The Avenue. The property can be found on the right hand side as indicated by our for sale sign.

Agent Details

Michael Hardy, Crowthorne

01344 951118

Next Steps?

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

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