2 Bed Flat, Single Let, Slough, SL2 5DP, £224,950

NOBLE COURT Mill Street, Slough, SL2 5DP - 7 months ago

Leasehold
BTL
ROI: 8%
63 m²
+2 photos

ValuationUndervalued

Sold Prices£110K - £480K
Sold Prices/m²£1.7K/m² - £5.3K/m²

 

 

Square Metres

62.62 m²
Price/m²£3.6K/m²

Value Estimate

£231,851
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,238

Stamp Duty & Legal Fees

£7,949

Total Cash In

£64,186

 

 

Cash Out

 

Rent Range

£781 - £1,850

Rent Estimate

£1,450

Running Costs/mo

£1,013

Cashflow/mo

£437

Cashflow/yr

£5,244

ROI

8%

Gross Yield

8%

Local Sold Prices

31 sold prices from £110K to £480K, average is £237.5K. £1.7K/m² to £5.3K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£120K10/200.07 miFlat 26, Foundry Court, Mill Street, Slough SL2 5FY2
£235K07/230.07 miFlat 19, Foundry Court, Mill Street, Slough SL2 5FY2
£253K05/230.44 mi35, School Lane, Slough SL2 5BU2
£225K02/230.44 mi81, Blair Road, Slough SL1 3ST2
£195K07/230.45 mi79, Gatewick Close, Slough SL1 3SE2
£240K01/230.46 mi64, Aldin Avenue South, Slough SL1 1RR2
£180K08/210.48 miFlat 7, Centrika, Bath Road, Slough SL1 3SL2
£232.5K06/210.48 mi9, Beechwood Gardens, Slough SL1 2HW2
£270K12/200.5 miFlat 17, Richard Dodd Place, Osborne Street, Slough SL1 1PP2
£227K04/230.51 mi34, Pickfords Gardens, Slough SL1 3GE2
£230K03/230.51 mi19, Pickfords Gardens, Slough SL1 3GE2
£251K08/210.53 mi21, Grasmere Avenue, Slough SL2 5JD2
£245K02/210.55 mi8, Adelphi Gardens, Slough SL1 2RG2
£110K10/200.56 mi75, Blair Road, Slough SL1 3ST2
£255K05/210.57 mi30, Clifton Road, Slough SL1 1SP2
£218K10/210.57 mi6, Chichester Court, Slough SL1 1NZ2
£237.5K09/210.59 mi105, Aspects Court, Slough SL1 2EZ2
£140K06/210.63 mi21, Chalvey Gardens, Slough SL1 2LW2
£290K03/210.65 mi136, Windsor Road, Slough SL1 2JA2
£480K10/200.71 mi6, Arborfield Close, Slough SL1 2JW2
£270K06/210.78 mi57, Windmill Road, Slough SL1 3SX2
£235K06/230.79 mi184, Windsor Road, Slough SL1 2JD2
£245K10/200.82 mi28, Winvale, Slough SL1 2JH2
£240K11/200.82 mi50, Winvale, Slough SL1 2JH2
£112.5K06/210.83 mi140, Windmill Road, Slough SL1 3SW2
£152.5K04/230.87 mi287, Rochfords Gardens, Slough SL2 5XH2
£136.8K11/200.88 mi19a, Alexandra Road, Slough SL1 2NQ2
£250K05/210.9 mi12b, Berryfield, Slough SL2 5SE2
£265K07/230.92 mi8, Cannon Gate, Slough SL2 5NH2
£288.5K03/230.94 mi218, Knolton Way, Slough SL2 5RS2
£237.5K09/211 mi30, Tuns Lane, Slough SL1 2XD2

Local Rents

47 rents from £781/mo to £1.9K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,65009/240.03 miSteel House, The Metalworks, Petersfield Avenue, Slough, Berkshire, SL22
£1,65009/240.03 miSteel House, The Metalworks, Petersfield Avenue, Slough, Berkshire, SL22
£1,70009/240.03 miPetersfield Avenue, Slough2
£1,62509/240.03 miIron House, The Metalworks, Petersfield Avenue, Slough, Berkshire, SL22
£1,50012/240.05 mi-2
£1,75009/240.05 miRailway Terrace, Slough, SL22
£1,75008/240.05 mi-2
£1,70011/240.05 mi-2
£78103/250.05 mi-2
£1,60009/240.05 miRailway Terrace, Slough, SL22
£1,60009/240.05 miRailway Terrace, Slough, Berskshire, SL22
£1,80001/250.05 mi-2
£1,55009/240.05 miRivington Apartments, Slough2
£1,50009/240.05 miRailway Terrace, Slough2
£1,50010/240.05 miRailway Terrace, Slough2
£1,75009/240.06 miRailway Terrace, Slough2
£1,55009/240.06 miLexington Apartments 2
£1,70002/250.06 mi-2
£1,55009/240.07 miFoundry Court, Slough, SL22
£1,45002/240.07 mi-2
£1,55002/250.07 mi-2
£1,65002/240.07 mi-2
£1,60009/240.07 mi-2
£1,40001/250.07 mi-2
£1,55009/240.07 miSlough2
£1,50009/240.07 mi***LET AGREED***Grays Place, Slough***LET AGREED***2
£1,55009/240.07 miThe Junction, Slough2
£1,55009/240.07 miThe Junction, Slough.2
£1,50009/240.07 miThe Junction, Slough2
£1,50012/240.07 mi-2
£1,40003/250.07 mi-2
£1,75009/240.07 miThe Junction, Slough, SL22
£1,75009/240.07 miThe Junction, Slough, SL22
£1,80009/240.07 mi-2
£1,65002/240.07 mi-2
£1,75009/240.07 mi-2
£1,85009/240.07 mi-2
£1,60009/240.07 mi-2
£1,85011/240.07 mi-2
£1,50002/250.07 mi-2
£1,50009/240.07 miThe Junction, Slough2
£1,50009/240.07 mi-2
£1,65011/240.08 mi-2
£1,55009/240.08 miMill Street, SLOUGH2
£1,75010/240.09 mi-2
£1,75001/250.09 mi-2
£1,85009/240.1 miLexington Apartments, Slough, SL22

Local Area Statistics

Population in SL2

53,085

Population in Slough

168,514

Town centre distance

0.27 miles away

Nearest school

0.20 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+4%

Sales demand

Buyer's market

Capital growth (5yrs)

+23%

Property History

Listed for £224,950

July 31, 2024

Sold for £160,995

2003

Description

  • TWO BEDROOMS +
  • TWO BATHROOMS +
  • LOUNGE WITH BALCONY +
  • SEPARATE KITCHEN +
  • PERMIT PARKING +
  • NEXT TO STATION +
  • CLOSE TO TOWN CENTRE +
  • CLOSE TO GOOD SCHOOLS +

A two bedroom, two bathroom apartment with separate kitchen and balcony from lounge.  This apartment is situated in a gated development just a stones throw from Slough Crossrail station with the town centre, excellent schools and amenities nearby.  An ideal purchase for first time buyers and investors. 

Communal Entrance Hall :
Stairs to first floor, entry phone system, wall mounted electric fire, door to:

Entrance Hall:
Entry phone system, doors to ;

Lounge
12' 7" (3.83m) x 11' 8" (3.56m)::
Front aspect with door onto balcony and window, electric wall mounted fire, wall mounted feature fire in fireplace.

Kitchen
8' 0" (2.44m) x 7' 10" (2.38m)::
Side aspect, range of eye and base level units, electric hob with oven under and extractor over, space for fridge/freezer, space and plumbing for washing machine.

Bedroom One
11' 2" (3.41m) x 5' 8" (1.73m)::
Side aspect, electric heater, built in wardrobes, door to:

En Suite:
Shower cubicle, low level w.c, wash hand basin

Bedroom two
9' 2" (2.8m) x 7' 3" (2.21m)::
Side aspect, electric heater.

Bathroom:
Suite of panel enclosed bath, wash hand basin in vanity unit, low level w.c, window

Parking:
Gated Permit Parking

Lease:
135 years

Service Charge:
£1,600.00

Ground Rent:
£75.00

NB:
This property was originally a one bedroom that has been converted to a two bedroom.

Agent Details

Focus, Slough

01753 303877

Next Steps?

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