2 Bed Flat, Single Let, Slough, SL3 7HA, £255,000

8 Barchester Road, Slough, SL3 7HA - 3 views - 10 months ago

Leasehold
BTL
ROI: 4%
~89 m²
+5 photos

ValuationUndervalued

Sold Prices£152.5K - £312K
Sold Prices/m²£3.2K/m² - £6.4K/m²

 

 

Square Metres

~89 m²
Price/m²£2.9K/m²

Value Estimate

£308,550
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£63,750

Stamp Duty & Legal Fees

£9,100

Total Cash In

£72,850

 

 

Cash Out

 

Rent Range

£1,400 - £3,250

Rent Estimate

£1,338

Running Costs/mo

£1,084

Cashflow/mo

£254

Cashflow/yr

£3,042

ROI

4%

Gross Yield

6%

Local Sold Prices

41 sold prices from £152.5K to £312K, average is £260K. £3.2K/m² to £6.4K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£235K09/200 mi28, Barchester Road, Slough SL3 7HA2
£250K09/210 mi16, Barchester Road, Slough SL3 7HA2
£260K10/220 mi20, Barchester Road, Slough SL3 7HA2
£223K09/200.04 mi47, Minster Way, Slough SL3 7EY2
£245K01/230.05 mi112, Minster Way, Slough SL3 7EX2
£305K02/230.1 mi11, Newton Close, Langley, Slough SL3 8DD2
£295K10/210.1 mi3, Newton Close, Slough SL3 8DD2
£312K11/220.1 mi15, Newton Close, Langley, Slough SL3 8DD2
£230K11/220.14 mi19, Maryside, Slough SL3 7ES2
£282K10/230.3 mi26, Scholars Walk, Langley, Slough SL3 8LY2
£272K04/230.34 mi98, Scholars Walk, Langley, Slough SL3 8LZ2
£225K01/210.41 mi16, Darrell Close, Slough SL3 7QN2
£243K11/200.43 mi13, Darrell Close, Slough SL3 7QN2
£274K10/200.47 mi26, Chadwick Road, Slough SL3 7FU2
£267.5K04/210.47 mi20, Chadwick Road, Slough SL3 7FU2
£288K10/230.47 mi222, Reddington Drive, Slough SL3 7SL2
£280K02/210.49 mi108, Chadwick Road, Slough SL3 7FU2
£225K07/230.62 mi15, Tithe Court, Slough SL3 8AS2
£265K03/210.64 mi46, Tobermory Close, Slough SL3 7JG2
£270K09/230.64 mi41, Tobermory Close, Slough SL3 7JG2
£261K02/240.69 mi144, Mead Avenue, Slough SL3 8JA2
£250K03/230.69 mi189, Upton Court Road, Slough SL3 7LN2
£282K10/220.74 mi16, Wylands Road, Slough SL3 8JT2
£243.5K01/210.74 mi2, Wylands Road, Slough SL3 8JT2
£242.5K10/220.75 mi253, Maplin Park, Slough SL3 8YE2
£300K12/220.76 mi207, Maplin Park, Slough SL3 8YD2
£245K10/210.77 mi193, Maplin Park, Slough SL3 8YD2
£260K08/210.79 mi59, Hurworth Avenue, Slough SL3 7FE2
£260K08/210.79 mi59, Hurworth Avenue, Slough SL3 7FE2
£265K09/200.79 mi33, Hurworth Avenue, Slough SL3 7FE2
£225K01/210.8 mi140, Maplin Park, Slough SL3 8XZ2
£238K04/210.8 mi126, Maplin Park, Slough SL3 8XZ2
£152.5K04/230.85 mi287, Rochfords Gardens, Slough SL2 5XH2
£270K12/210.87 mi43, Hawkes Close, Langley, Slough SL3 8BN2
£282.5K03/210.87 mi22, Hawkes Close, Langley, Slough SL3 8BN2
£285K05/210.87 mi141, Hurworth Avenue, Slough SL3 7FG2
£285K05/210.87 mi141, Hurworth Avenue, Slough SL3 7FG2
£243.5K04/230.88 mi501, Maplin Park, Slough SL3 8YG2
£252.5K06/210.91 mi4, Gilbert Way, Slough SL3 7GR2
£240K08/230.92 mi3, Sir Robert Mews, Slough SL3 8ND2
£240K09/230.97 mi5, Tracy Avenue, Slough SL3 7GN2

Local Rents

50 rents from £1.4K/mo to £3.3K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,80008/240.25 miKenyon Way, Langley2
£1,75009/240.25 mi-2
£1,69502/250.29 mi-2
£1,75012/240.3 mi-2
£1,85009/240.3 miScholars Walk, Langley, Slough, SL32
£1,70001/250.3 mi-2
£1,85009/240.3 miScholars Walk, Langley, Slough, SL32
£1,57502/250.36 mi-2
£1,80009/240.37 miNew build 2 bedroom, Langley2
£1,85009/240.37 miStation Road, Langley, Slough, Berkshire, SL32
£2,50001/250.38 mi-2
£1,80009/240.38 miSpencer Road, Langley, SL32
£1,75009/240.38 miSpencer Road, Langley, SL32
£1,75009/240.38 mi-2
£1,60009/240.39 miRandolph Road, Slough, SL32
£1,60011/240.39 mi-2
£1,55009/240.39 mi-2
£1,70008/240.4 mi-2
£1,70002/250.4 mi-2
£1,85009/240.4 miStation Road, Langley, Slough, Berkshire, SL32
£1,80009/240.4 miNew build 2 bedroom, Station Road, Langley2
£1,75009/240.4 miStation Road, Langley, Slough, Berkshire, SL32
£1,85009/240.4 miStation Road, Langley, Slough, Berkshire, SL32
£1,75009/240.4 miStation Road, Langley, Slough, Berkshire, SL32
£1,80009/240.4 miStation Road, Langley, Slough, SL32
£1,80009/240.4 mi-2
£1,70010/240.4 mi-2
£1,70011/240.4 mi-2
£1,80009/240.4 miStation Road, Slough2
£1,80009/240.4 miStation Road, Langley2
£1,85009/240.4 miStation Road, Langley2
£1,85009/240.4 miStation Road, Langley2
£1,85009/240.4 miStation Road, Slough2
£1,75011/240.41 mi-2
£1,75011/240.41 mi-2
£1,65009/240.41 mi-2
£1,70010/240.43 mi-2
£1,70002/250.43 mi-2
£1,40009/240.46 miChadwick Road, Slough2
£1,60002/250.47 mi-2
£1,59508/240.48 mi-2
£1,45002/240.48 mi-2
£1,60001/250.49 mi-2
£1,50008/240.49 miChadwick Road, Langley, SL32
£3,25003/250.49 mi-2
£2,99503/250.49 mi-2
£1,55002/250.49 mi-2
£1,79511/240.54 mi-2
£1,70002/250.55 mi-2
£1,65008/240.57 miLangley 2

Local Area Statistics

Population in SL3

45,182

Population in Slough

168,514

Town centre distance

1.92 miles away

Nearest school

0.20 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-46%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £255,000

May 21, 2024

Sold for £140,000

2010

Floor Plans

Description

  • ** No Onward Chain ** +
  • Two Large Double Bedrooms +
  • Brand New Kitchen +
  • Brand New Bathroom +
  • Full Refurbished Throughout +
  • External Brick Shed in Block +
  • Ample On-Street Parking Available +
  • Leasehold: 92 Years Remaining +
  • Service Charges: ~ £860 Per Annum / Ground Rent: £10 Per Annum +
  • Council Tax Band: C / EPC Rating: C +

B Simmons are delighted to offer to the market this completely refurbished and immaculately presented two double bedroom, first floor flat. Comprising two large double bedrooms both with built-in wardrobes, a spacious lounge with fireplace, a brand new high specification bathroom and also a brand new stylish kitchen with space for appliances. The flat also boasts ample storage with several cupboards and the balcony has been glazed to create a small sun room, but can be changed back should the prospective buyer want private outdoor space. There is ample on street parking for residents and visitors, and the property comes with a brick built storage unit in an external block. Barchester Road is ideally located for those looking for access to shops, amenities and services, with Langley railway and Elizabeth Line just 0.6 Miles away, Langley High Street and local shops are just a further 100 yards on. Barchester Road is in the catchment area for a wealth of local schools such at Langley Academy, Langley Grammar, Upton Court and St Bernards Grammar Schools.

Property Information: Lease Remaining: Approx. 90 years Ground Rent: Approx. £10.00 PA Maintenance Charges: Approx. £860.00 PA Council Tax Band: C / EPC Rating: C (all to be verified by a solicitor)

Agent Details

B. Simmons, Langley

01753 969796

Next Steps?

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