2 Bed Flat, Single Let, Slough, SL1 5HE, £260,000

411 Bath Road, Slough, SL1 5QL - 1 views - 6 months ago

Leasehold
BTL
ROI: 7%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£100K - £310K
Sold Prices/m²£2.3K/m² - £5.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.8K/m²

Value Estimate

£277,108
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£9,500

Total Cash In

£74,500

 

 

Cash Out

 

Rent Range

£1,350 - £1,750

Rent Estimate

£1,550

Running Costs/mo

£1,143

Cashflow/mo

£408

Cashflow/yr

£4,890

ROI

7%

Gross Yield

7%

Local Sold Prices

39 sold prices from £100K to £310K, average is £239.9K. £2.3K/m² to £5.4K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£260K03/210.07 miFlat 8, Oliver Court, Patricia Close, Slough SL1 5HE2
£265K07/230.16 mi27, Hogarth Close, Slough SL1 5JD2
£245K12/220.26 miFlat 2, Compton Court, Brook Crescent, Slough SL1 6LL2
£100K08/210.41 mi32, Ridgebank, Slough SL1 5BL2
£207K05/230.41 mi33, Sandringham Court, Slough SL1 6JU2
£235K03/230.41 mi3, Sandringham Court, Slough SL1 6JU2
£190K07/210.43 mi214, Littlebrook Avenue, Slough SL2 2PF2
£215K07/210.43 mi210, Littlebrook Avenue, Slough SL2 2PF2
£200K02/210.43 mi206, Littlebrook Avenue, Slough SL2 2PF2
£210K04/230.43 mi260, Littlebrook Avenue, Slough SL2 2PF2
£195K01/210.48 mi2, Boarlands Close, Slough SL1 5DD2
£193K11/200.51 mi88, Lowestoft Drive, Slough SL1 6PE2
£236K05/230.51 mi332, Walpole Road, Slough SL1 6PP2
£220K02/230.51 mi362, Walpole Road, Slough SL1 6PP2
£230K05/210.55 mi164, Lowestoft Drive, Slough SL1 6PD2
£250K12/200.57 mi23, Littlebrook Avenue, Slough SL2 2NW2
£239.9K10/210.57 mi11, Littlebrook Avenue, Slough SL2 2NW2
£200K04/230.57 mi16, Cobham Close, Slough SL1 5EL2
£230K09/200.58 mi148, Littlebrook Avenue, Slough SL2 2NE2
£234K06/210.58 mi142a, Littlebrook Avenue, Slough SL2 2NE2
£310K06/210.58 mi5, Eaton Avenue, Slough SL1 6EZ2
£275K06/230.58 mi29, Eaton Avenue, Slough SL1 6EZ2
£210K06/210.7 miFlat 2, Oppidan, Huntercombe Lane North, Taplow, Maidenhead, Slough SL6 0LW2
£268K03/210.72 mi62, Windermere Way, Slough SL1 6EL2
£255K10/200.76 mi120, Derwent Drive, Slough SL1 6HW2
£280K10/210.8 mi9, Derwent Drive, Slough SL1 6HT2
£261K09/200.84 mi14, Coniston Crescent, Slough SL1 6EE2
£265K07/210.84 mi25, Coniston Crescent, Slough SL1 6EE2
£210K02/210.84 mi60, Lovegrove Drive, Slough SL2 2LS2
£290.1K12/220.84 mi42a, Huntercombe Lane North, Slough SL1 6DY2
£300K07/230.86 mi53, Derwent Drive, Slough SL1 6HS2
£276K10/200.88 mi22, Thirlmere Avenue, Slough SL1 6ED2
£260K10/200.88 mi76, Thirlmere Avenue, Slough SL1 6ED2
£260K08/210.9 mi79, Thirlmere Avenue, Slough SL1 6EB2
£245K03/210.9 mi87, Thirlmere Avenue, Slough SL1 6EB2
£245K02/230.9 mi63, Thirlmere Avenue, Slough SL1 6EB2
£210K05/210.92 miFlat 13, Hunter Court, Huntercombe Lane North, Slough SL1 6DS2
£225K02/230.92 miFlat 24, Hunter Court, Huntercombe Lane North, Slough SL1 6DS2
£285K10/200.96 mi10b, Southfield Gardens, Burnham, Slough, Buckinghamshire SL1 7NE2

Local Rents

48 rents from £1.4K/mo to £1.8K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,39512/240.09 mi-2
£1,70008/240.1 miHartford Point, 426-430 Bath Road, Nr Burnham ,Slough, Berks, SL12
£1,67508/240.1 miHartford Point, 426-430 Bath Road, Nr Burnham ,Slough, Berks, SL12
£1,65008/240.1 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,70008/240.1 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,65008/240.1 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,67508/240.1 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,70008/240.1 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,65008/240.1 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,65009/240.13 miBath Road, Slough, SL12
£1,50008/240.19 miHolyhead Mews, Slough, Berkshire, SL12
£1,50008/240.19 miHolyhead Mews, Slough, Berkshire, SL12
£1,50009/240.19 miHolyhead Mews, Slough, Berkshire, SL12
£1,40008/240.2 miHolyhead Mews, Slough, Berkshire, SL12
£1,70009/240.2 miHolyhead Mews, Slough, SL12
£1,45010/240.2 mi-2
£1,35009/240.22 miSuffolk Close, Burnham2
£1,37502/250.27 mi-2
£1,75008/240.28 mi426-430 Bath Road, Nr. Burnham, Berks, SL12
£1,75008/240.28 mi426-430 Bath Road, Nr. Burnham, Berks, SL12
£1,75009/240.28 miHartford Point, 426-430 Bath Road, Nr. Burnham, Berks, SL12
£1,55008/240.28 mi-2
£1,65012/240.28 mi-2
£1,50008/240.31 miBower Way, Slough, SL12
£1,45003/250.33 mi-2
£1,37502/250.4 mi-2
£1,35001/250.4 mi-2
£1,60002/250.45 mi-2
£1,65010/240.45 mi-2
£1,40008/240.47 mi-2
£1,39508/240.48 miBoarlands Close, Cippenham2
£1,45001/250.51 mi-2
£1,60001/250.53 mi-2
£1,50009/240.53 miBosworth Court, Slough2
£1,49509/240.54 miBosworth Court2
£1,42509/240.54 miLowestoft Drive, Slough2
£1,42509/240.54 miLowestoft Drive, Slough2
£1,49012/240.55 mi-2
£1,65001/250.56 mi-2
£1,75009/240.57 mi-2
£1,75001/250.57 mi-2
£1,75003/250.57 mi-2
£1,40009/240.58 miLittlebrook Avenue, Slough2
£1,60009/240.58 miEaton Avenue, Slough, SL12
£1,75010/240.58 miEaton Avenue Slough SL12
£1,67509/240.59 miPalace Close, Slough, SL12
£1,55003/250.6 mi-2
£1,60008/240.61 miSlough, Berkshire, SL12

Local Area Statistics

Population in SL1

70,234

Population in Slough

168,514

Town centre distance

2.12 miles away

Nearest school

0.10 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £260,000

September 6, 2024

Sold for £205,950

2006

Floor Plans

Description

  • Sold with no onward chain +
  • 0.5 miles from Burnham Rail Station (Main Paddington Line and Crossrail Station - 20 minutes to Central London) +
  • Secure entry phone system +
  • Easy access to M4 Motorway (Junction 7) +
  • Residents gated car park +
  • Within walking distance of local Cippenham schools +
  • Close to local shops +
  • Remaining lease of 981 years +

An exceptional opportunity to acquire this contemporary and sophisticated two-bedroom first-floor apartment situated in the heart of Cippenham Village, just a short stroll from Burnham Station (Crossrail Station). This property boasts two generous double bedrooms, a spacious lounge/diner, two bathrooms (including one en-suite), a fully equipped kitchen, secure gated parking, and a remaining lease of 981 years making it an ideal investment or perfect for first-time buyers.

Conveniently positioned in the heart of Cippenham Village, residents will enjoy easy access to local amenities such as shops, schools, gyms, and Burnham train station. The property's proximity to M4 Junction 7, only 2 minutes away, offers effortless connections to Heathrow Airport, Central London, High Wycombe, Maidenhead, Reading, and the M25/M40 motorway network.

With a potential rental income of £1550 per month, this property is sure to attract keen investors.

Early viewings are highly recommended to avoid missing out on this opportunity.

Sold with no onward chain. EPC - C

Agent Details

Cameron King, Cippenham

01621 731464

Next Steps?

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