5 Bed HMO, Maidenhead, SL6 7EJ, £485,000

20 Wayside Mews, Maidenhead SL6 7EJ - 13 views - 8 months ago

Sold STC
HMO
ROI: 5%
114 m²
+10 photos

ValuationUndervalued











Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£121,250

Stamp Duty & Legal Fees

£28,696

Total Cash In

£149,946

 

 

Cash Out

 

Room Rate

£715

Gross Rent

£3,575

Running Costs/mo

£2,899

Cashflow/mo

£676

Cashflow/yr

£8,116

ROI

5%

Gross Yield

9%













Property History

Price changed to £485,000

December 26, 2024

Listed for £499,950

August 22, 2024

Sold for £216,000

2009

Floor Plans

Description

  • NO ONWARD CHAIN +
  • IDEAL INVESTMENT OR FAMILY HOME +
  • CLOSE TO LOCAL SCHOOLS +
  • FOUR/FIVE DOUBLE BEDROOMS +
  • FOUR/FIVE BATHROOMS +
  • OPEN PLAN KITCHEN/DINER +
  • DRIVEWAY PARKING +
  • VIEWING ADVISED +

SUMMARY
A Five-bedroom end-of-terrace house currently setup as a HMO and rented out room per room, located in the heart of Maidenhead. The property would make a fantastic investment or an ideal family home so close to local schools and Maidenhead town centre/train station (Elizabeth line).

DESCRIPTION
A Five-bedroom end-of-terrace house currently setup as a HMO and rented out room per room, located in the heart of Maidenhead. The property would make a fantastic investment or an ideal family home so close to local schools and Maidenhead town centre/train station (Elizabeth line).

The property comprises: Four/five double bedrooms, Four/five bathrooms, bedroom which could be converted back to a living room on the ground floor, open plan kitchen diner and a garden mainly laid to lawn with a small patio and side access. Noteworthy features of this house also include driveway parking for two cars and NO ONWARD CHAIN.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Roger Platt, Maidenhead

01628 564753

Next Steps?

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