2 Bed Flat, Single Let, Slough, SL1 6PF, £225,000

Lowestoft Drive, Cippenham, SL1 6PF - 9 months ago

Leasehold
BTL
ROI: 5%
~68 m²
+7 photos

ValuationUndervalued

Sold Prices£100K - £315K
Sold Prices/m²£2.3K/m² - £5.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£277,765
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£8,400

Total Cash In

£64,650

 

 

Cash Out

 

Rent Range

£1,350 - £1,750

Rent Estimate

£1,350

Running Costs/mo

£993

Cashflow/mo

£357

Cashflow/yr

£4,283

ROI

7%

Gross Yield

7%

Local Sold Prices

46 sold prices from £100K to £315K, average is £245K. £2.3K/m² to £5.4K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£193K11/200.07 mi88, Lowestoft Drive, Slough SL1 6PE2
£236K05/230.09 mi332, Walpole Road, Slough SL1 6PP2
£220K02/230.09 mi362, Walpole Road, Slough SL1 6PP2
£230K05/210.13 mi164, Lowestoft Drive, Slough SL1 6PD2
£207K05/230.22 mi33, Sandringham Court, Slough SL1 6JU2
£235K03/230.22 mi3, Sandringham Court, Slough SL1 6JU2
£310K06/210.23 mi5, Eaton Avenue, Slough SL1 6EZ2
£275K06/230.23 mi29, Eaton Avenue, Slough SL1 6EZ2
£268K03/210.28 mi62, Windermere Way, Slough SL1 6EL2
£210K06/210.31 miFlat 2, Oppidan, Huntercombe Lane North, Taplow, Maidenhead, Slough SL6 0LW2
£255K10/200.37 mi120, Derwent Drive, Slough SL1 6HW2
£190K07/210.38 mi214, Littlebrook Avenue, Slough SL2 2PF2
£215K07/210.38 mi210, Littlebrook Avenue, Slough SL2 2PF2
£200K02/210.38 mi206, Littlebrook Avenue, Slough SL2 2PF2
£210K04/230.38 mi260, Littlebrook Avenue, Slough SL2 2PF2
£280K10/210.41 mi9, Derwent Drive, Slough SL1 6HT2
£290.1K12/220.41 mi42a, Huntercombe Lane North, Slough SL1 6DY2
£261K09/200.43 mi14, Coniston Crescent, Slough SL1 6EE2
£265K07/210.43 mi25, Coniston Crescent, Slough SL1 6EE2
£245K12/220.46 miFlat 2, Compton Court, Brook Crescent, Slough SL1 6LL2
£260K03/210.47 miFlat 8, Oliver Court, Patricia Close, Slough SL1 5HE2
£276K10/200.48 mi22, Thirlmere Avenue, Slough SL1 6ED2
£260K10/200.48 mi76, Thirlmere Avenue, Slough SL1 6ED2
£230K09/200.48 mi148, Littlebrook Avenue, Slough SL2 2NE2
£234K06/210.48 mi142a, Littlebrook Avenue, Slough SL2 2NE2
£260K08/210.5 mi79, Thirlmere Avenue, Slough SL1 6EB2
£245K03/210.5 mi87, Thirlmere Avenue, Slough SL1 6EB2
£245K02/230.5 mi63, Thirlmere Avenue, Slough SL1 6EB2
£300K07/230.5 mi53, Derwent Drive, Slough SL1 6HS2
£210K05/210.5 miFlat 13, Hunter Court, Huntercombe Lane North, Slough SL1 6DS2
£225K02/230.5 miFlat 24, Hunter Court, Huntercombe Lane North, Slough SL1 6DS2
£250K12/200.5 mi23, Littlebrook Avenue, Slough SL2 2NW2
£239.9K10/210.51 mi11, Littlebrook Avenue, Slough SL2 2NW2
£285K10/200.52 mi10b, Southfield Gardens, Burnham, Slough, Buckinghamshire SL1 7NE2
£265K07/230.59 mi27, Hogarth Close, Slough SL1 5JD2
£240K01/230.72 mi3, Coalmans Way, Burnham, Slough, Buckinghamshire SL1 7NU2
£305K06/230.79 mi129, Maypole Road, Taplow, Maidenhead, Buckinghamshire SL6 0NE2
£315K10/200.83 miFlat 24, Penn House, Jennery Lane, Burnham, Slough, Buckinghamshire SL1 8BN2
£100K08/210.84 mi32, Ridgebank, Slough SL1 5BL2
£275K05/230.88 miFlat 3, Penn House, Jennery Lane, Burnham, Slough, Buckinghamshire SL1 8BN2
£315K03/210.88 miFlat 25, Penn House, Jennery Lane, Burnham, Slough, Buckinghamshire SL1 8BN2
£195K01/210.91 mi2, Boarlands Close, Slough SL1 5DD2
£210K02/210.92 mi60, Lovegrove Drive, Slough SL2 2LS2
£200K04/230.95 mi16, Cobham Close, Slough SL1 5EL2
£298K05/230.98 mi72, Hitcham Road, Taplow, Maidenhead, Buckinghamshire SL6 0LZ2
£166K11/200.98 mi78, Hitcham Road, Taplow, Maidenhead, Buckinghamshire SL6 0LZ2

Local Rents

38 rents from £1.4K/mo to £1.8K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,42509/240.12 miLowestoft Drive, Slough2
£1,42509/240.12 miLowestoft Drive, Slough2
£1,49012/240.13 mi-2
£1,75008/240.15 mi426-430 Bath Road, Nr. Burnham, Berks, SL12
£1,75008/240.15 mi426-430 Bath Road, Nr. Burnham, Berks, SL12
£1,75009/240.15 miHartford Point, 426-430 Bath Road, Nr. Burnham, Berks, SL12
£1,55008/240.16 mi-2
£1,49509/240.19 miBosworth Court2
£1,50009/240.2 miBosworth Court, Slough2
£1,60009/240.23 miEaton Avenue, Slough, SL12
£1,75010/240.23 miEaton Avenue Slough SL12
£1,45010/240.24 mi-2
£1,55003/250.24 mi-2
£1,40008/240.24 miHolyhead Mews, Slough, Berkshire, SL12
£1,70009/240.24 miHolyhead Mews, Slough, SL12
£1,50008/240.25 miHolyhead Mews, Slough, Berkshire, SL12
£1,50008/240.25 miHolyhead Mews, Slough, Berkshire, SL12
£1,50009/240.25 miHolyhead Mews, Slough, Berkshire, SL12
£1,35009/240.26 miSuffolk Close, Burnham2
£1,65009/240.31 miBath Road, Slough, SL12
£1,50012/240.32 miMaidenhead, Null, SL62
£1,50012/240.32 mi-2
£1,65008/240.34 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,65008/240.34 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,70008/240.34 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,65008/240.34 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,67508/240.34 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,70008/240.34 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,70008/240.34 miHartford Point, 426-430 Bath Road, Nr Burnham ,Slough, Berks, SL12
£1,67508/240.34 miHartford Point, 426-430 Bath Road, Nr Burnham ,Slough, Berks, SL12
£1,37502/250.34 mi-2
£1,35001/250.34 mi-2
£1,37502/250.4 mi-2
£1,65010/240.42 mi-2
£1,65012/240.42 mi-2
£1,39512/240.43 mi-2
£1,45003/250.47 mi-2
£1,40009/240.48 miLittlebrook Avenue, Slough2

Local Area Statistics

Population in SL1

70,234

Population in Slough

168,514

Town centre distance

2.53 miles away

Nearest school

0.10 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £225,000

February 12, 2025

Listed for £239,999

June 30, 2024

Sold for £242,500

2018

Sold for £164,000

2008

Sold for £133,000

2003

Sold for £67,500

1998

Floor Plans

Description

  • WELL PRESENTED TWO BEDROOM FIRST FLOOR APARTMENT +
  • POPULAR DEVELOPMENT CLOSE TO THE HEART OF CIPPENHAM VILLAGE +
  • IDEAL INVESTMENT OPPORTUNITY FOR LANDLORDS +
  • GREAT FOR FIRST TIME BUYERS +
  • PARKING FOR TWO CARS +
  • LIGHT & SPACIOUS APARTMENT +
  • WALKING DISTANCE TO BURNHAM STATION (THE ELIZABETH LINE) +
  • LONG LEASE (93 YEARS REMAINING) +
  • CATCHMENT AREA OF HIGHLY SOUGHT-AFTER SCHOOLS +
  • HIGHLY RECOMMENDED +

A superb opportunity to purchase spacious two bedroom first floor apartment superbly located within a popular modern development close to the heart of Cippenham Village and well within walking distance of Burnham Rail Station (The Elizabeth Line). Presented to a good standard throughout this property is the ideal purchase for first time buyers or landlords looking for their next perfect investment. Features include a light and spacious living room, a fully fitted kitchen, a modern bathroom suite, two bedrooms, UPVC double glazed windows, a security entryphone system, electric heating throughout and parking spaces for at least two cars. The property boasts a 93 year lease and ground rent fees/service charges are very reasonable (£125 per month which includes your water bill!). The property offers easy access to Heathrow Airport (12 miles) and Central London via the M4 motorway, with Junction 7 being less than a two minute drive. Burnham station (The Elizabeth Line) is less than a 15 minute walk with a train every 30 minutes into Central London. Numerous state and private schools can be found in area, most within walking distance, providing schooling from toddlers through to adult education. Plenty of supermarkets, local shops and several retail parks with famous brand names and familiar restaurants are all just a few minutes drive. We highly recommend early viewings to avoid disappointment. EPC -D

Agent Details

Jackson O'Rourke, Cippenham

01628 965436

Next Steps?

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