2 Bed Flat, Single Let, Slough, SL3 8FA, £350,000

30 Hurricane Court, Heron Drive, Slough, SL3 8FA - 2 views - 7 months ago

Leasehold
BTL
83 m²
+7 photos

ValuationOvervalued

Sold Prices£220K - £312K
Sold Prices/m²£3.2K/m² - £6.4K/m²

 

 

Square Metres

83 m²
Price/m²£4.2K/m²

Value Estimate

£341,722

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£1,100 - £1,800

Rent Estimate

£1,222

Running Costs/mo

£1,358

Cashflow/mo

£-136

Cashflow/yr

£-1,634

Gross Yield

4%

Local Sold Prices

41 sold prices from £220K to £312K, average is £250K. £3.2K/m² to £6.4K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£295K10/200.15 mi87, Grasholm Way, Slough SL3 8WF2
£225K07/230.35 mi15, Tithe Court, Slough SL3 8AS2
£240K08/230.4 mi3, Sir Robert Mews, Slough SL3 8ND2
£270K12/210.41 mi43, Hawkes Close, Langley, Slough SL3 8BN2
£282.5K03/210.41 mi22, Hawkes Close, Langley, Slough SL3 8BN2
£282K10/220.41 mi16, Wylands Road, Slough SL3 8JT2
£243.5K01/210.41 mi2, Wylands Road, Slough SL3 8JT2
£245K10/210.46 mi193, Maplin Park, Slough SL3 8YD2
£300K12/220.49 mi207, Maplin Park, Slough SL3 8YD2
£242.5K10/220.5 mi253, Maplin Park, Slough SL3 8YE2
£225K01/210.55 mi140, Maplin Park, Slough SL3 8XZ2
£238K04/210.55 mi126, Maplin Park, Slough SL3 8XZ2
£250K05/230.56 mi44, Grampian Way, Slough SL3 8UG2
£230K04/230.56 mi32, Grampian Way, Slough SL3 8UG2
£261K02/240.56 mi144, Mead Avenue, Slough SL3 8JA2
£241K11/230.56 mi56, Welland Close, Slough SL3 8UP2
£220K03/210.56 mi29, Welland Close, Slough SL3 8UP2
£243.5K04/230.6 mi501, Maplin Park, Slough SL3 8YG2
£233K06/210.64 mi119, Laburnum Grove, Slough SL3 8QT2
£230K06/210.64 mi87, Laburnum Grove, Slough SL3 8QT2
£275K08/230.64 mi67, Laburnum Grove, Slough SL3 8QT2
£250K06/230.66 mi1, Laburnum Grove, Slough SL3 8QS2
£253.5K09/210.66 mi3, Laburnum Grove, Slough SL3 8QS2
£260K09/230.66 mi40, Laburnum Grove, Slough SL3 8QU2
£270K07/230.7 mi3, Sovereign Heights, Slough SL3 8PZ2
£272K04/230.7 mi98, Scholars Walk, Langley, Slough SL3 8LZ2
£282K10/230.71 mi26, Scholars Walk, Langley, Slough SL3 8LY2
£225K01/210.78 mi16, Darrell Close, Slough SL3 7QN2
£243K11/200.78 mi13, Darrell Close, Slough SL3 7QN2
£240K09/230.81 mi5, Tracy Avenue, Slough SL3 7GN2
£252.5K06/210.81 mi4, Gilbert Way, Slough SL3 7GR2
£265K03/210.82 mi46, Tobermory Close, Slough SL3 7JG2
£270K09/230.82 mi41, Tobermory Close, Slough SL3 7JG2
£305K02/230.83 mi11, Newton Close, Langley, Slough SL3 8DD2
£295K10/210.83 mi3, Newton Close, Slough SL3 8DD2
£312K11/220.83 mi15, Newton Close, Langley, Slough SL3 8DD2
£250K09/210.93 mi16, Barchester Road, Slough SL3 7HA2
£235K09/200.93 mi28, Barchester Road, Slough SL3 7HA2
£260K10/220.93 mi20, Barchester Road, Slough SL3 7HA2
£223K09/200.95 mi47, Minster Way, Slough SL3 7EY2
£245K01/230.97 mi112, Minster Way, Slough SL3 7EX2

Local Rents

49 rents from £1.1K/mo to £1.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,69508/240.08 miHurricane Court, Langley2
£1,65008/240.08 mi-2
£1,65008/240.08 mi-2
£1,60012/240.09 mi-2
£1,70002/240.23 mi-2
£1,65009/240.25 miLongwood Avenue, Slough2
£1,75010/240.26 mi-2
£1,35002/250.27 mi-2
£1,40008/240.29 miTamar Way2
£1,70009/240.34 miTithe Court, Langley, SL32
£1,60011/240.34 mi-2
£1,40008/240.34 miAlton Court Willoughby Road, Langley, SL32
£1,50009/240.35 miTithe Court, Slough, SL32
£1,65012/240.39 mi-2
£1,45008/240.41 mi-2
£1,37502/250.42 mi-2
£1,40008/240.42 miHuntington Place, Langley, Slough, SL32
£1,40010/240.43 mi-2
£1,50009/240.43 miRockall Court, Slough2
£1,65009/240.44 miRockall Court, Slough, SL32
£1,65009/240.44 miRockall Court, Langley, Berkshire, SL32
£1,65009/240.44 miRockall Court, Slough, SL32
£1,60008/240.45 miTilbury Walk, Langley, SL32
£1,50001/250.46 mi-2
£1,50009/240.47 miLangley - 1 mile to Railway Station2
£1,45002/240.47 mi-2
£1,59508/240.48 mi-2
£1,55011/240.48 mi-2
£1,60002/250.51 mi-2
£1,79511/240.52 mi-2
£1,35003/250.53 mi-2
£1,10003/250.53 mi-2
£1,57512/240.53 mi-2
£1,57512/240.53 mi-2
£1,40011/240.53 mi-2
£1,64511/240.53 mi-2
£1,64511/240.53 mi-2
£1,30008/240.54 miMaplin Park, Langley, Slough, SL32
£1,35008/240.55 mi-2
£1,35008/240.55 mi-2
£1,45009/240.55 mi-2
£1,30008/240.55 miMaplin Park, Langley2
£1,29508/240.56 miWelland Close, Langley, Berkshire, SL32
£1,35008/240.56 mi***LET AGREED***Welland Close, Langley***LET AGREED***2
£1,65002/250.59 mi-2
£1,70002/250.59 mi-2
£1,75009/240.61 mi-2
£1,80009/240.61 miSpencer Road, Langley, SL32
£1,75009/240.61 miSpencer Road, Langley, SL32

Local Area Statistics

Population in SL3

45,182

Population in Slough

168,514

Town centre distance

2.83 miles away

Nearest school

0.40 miles away

Nearest train station

0.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-46%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £350,000

August 15, 2024

Floor Plans

Description

  • 996 YEAR LEASE +
  • GROUND FLOOR +
  • MODERN DEVELOPMENT +
  • TWO BEDROOMS +
  • OPEN PLAN KITCHEN / LOUNGE +
  • PARKING AREA +
  • GOOD ORDER THROUGHOUT +
  • NO ONWARD CHAIN +
  • LANGLEY STATION NEARBY +
  • HIGH STREET WITHIN WALKING DISTANCE +

Welcome to this charming ground floor apartment located on Heron Drive in the lovely town of Langley. This delightful property boasts a spacious 863 sq ft of living space, perfect for those seeking a cosy yet comfortable home.

Upon entering, you are greeted by a warm and inviting reception room, ideal for relaxing or entertaining guests. The apartment features two cosy bedrooms, offering a peaceful retreat after a long day. With a well-maintained bathroom, you can unwind and rejuvenate in style.

One of the standout features of this property is its impressive 996-year lease, providing long-term security and peace of mind to the lucky new owner. Situated within walking distance to Langley Station, commuting is a breeze, making this apartment an excellent choice for professionals or commuters.

Maintained in good order throughout, this apartment is ready for you to move in and make it your own. Additionally, the convenience of a parking area ensures that you will always have a place to park your vehicle hassle-free.

Don't miss out on the opportunity to own this lovely apartment in a convenient location. Contact us today to arrange a viewing and take the first step towards making this property your new home.

Lease Length: Approx. 996 Years Remain
Service Charge, Ground Rent & Insurance: £2,500.00 Per Annum Approx.
Local Authority: Slough Borough Council

Agent Details

Parkfields Estates, Southall

020 3834 8125

Next Steps?

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