3 Bed Terraced House, Refurb/BRRR, Maidenhead, SL6 1HG, £440,000

Grenfell Road, Maidenhead, SL6 1HG - 4 views - 7 months ago

Refurb/BRRR
ROI: 2%
~86 m²
+5 photos

ValuationFair Value

Sold Prices£350K - £922K
Sold Prices/m²£3.7K/m² - £7.2K/m²

 

 

Square Metres

~86.31 m²
Price/m²£5.1K/m²

Value Estimate

£431,550

 

 

End Value (After Refurb)

£441,627

Uplift in Value

+-2%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£110,000

Stamp Duty & Legal Fees

£24,700

Refurb Costs

£41,577

Bridging Loan Interest

£11,550

Total Cash In

£189,577

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£441,627

Mortgage (After Refinance)

£331,220

Mortgage LTV

75%

Cash Released

£1,220

Cash Left In

£188,357

Equity

£110,407

Rent Range

£1,650 - £4,900

Rent Estimate

£2,202

Running Costs/mo

£1,840

Cashflow/mo

£362

Cashflow/yr

£4,338

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £350K to £922K, average is £473.5K. £3.7K/m² to £7.2K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£505K08/230.02 mi107, Grenfell Road, Maidenhead, Windsor And Maidenhead SL6 1EX3
£385K06/210.13 mi9, Grenfell Avenue, Maidenhead, Windsor And Maidenhead SL6 1HQ3
£700K06/230.16 mi15, Laburnham Road, Maidenhead, Windsor And Maidenhead SL6 4DB3
£440K04/210.16 mi53, Clare Road, Maidenhead, Windsor And Maidenhead SL6 4DW3
£434K03/210.2 mi23, Courtlands, Maidenhead, Windsor And Maidenhead SL6 2PT3
£585K02/230.21 mi20, Laburnham Road, Maidenhead, Windsor And Maidenhead SL6 4DB3
£557K01/230.29 mi82, Clare Road, Maidenhead, Windsor And Maidenhead SL6 4DQ3
£433.6K01/230.35 mi10, Lynton Green, Maidenhead, Windsor And Maidenhead SL6 6AN3
£418K06/230.35 mi17, Lynton Green, Maidenhead, Windsor And Maidenhead SL6 6AN3
£456.3K04/230.39 mi4, Castle Court, Maidenhead, Windsor And Maidenhead SL6 6DD3
£475K06/210.4 mi14, Redriff Close, Maidenhead, Windsor And Maidenhead SL6 4DJ3
£515K06/230.4 mi2, Redriff Close, Maidenhead, Windsor And Maidenhead SL6 4DJ3
£700K04/210.4 mi25, Castle Drive, Maidenhead, Windsor And Maidenhead SL6 6DB3
£400K02/230.45 mi103, Brunel Road, Maidenhead, Windsor And Maidenhead SL6 2RT3
£442.5K10/200.47 mi12, Fotherby Court, Maidenhead, Windsor And Maidenhead SL6 1SX3
£385K09/210.49 mi42, Larchfield Road, Maidenhead, Windsor And Maidenhead SL6 2SD3
£460K06/210.49 mi52, Larchfield Road, Maidenhead, Windsor And Maidenhead SL6 2SF3
£350K03/210.52 mi12, Lexington Avenue, Maidenhead, Windsor And Maidenhead SL6 4HW3
£550K03/230.53 mi42, Wellington Road, Maidenhead, Windsor And Maidenhead SL6 6DQ3
£350K12/200.54 mi11, Longleat Gardens, Maidenhead, Windsor And Maidenhead SL6 4HN3
£359K11/200.54 mi19, Longleat Gardens, Maidenhead, Windsor And Maidenhead SL6 4HN3
£357K07/210.54 mi24, Longleat Gardens, Maidenhead, Windsor And Maidenhead SL6 4HN3
£480K12/200.54 mi36, Forlease Road, Maidenhead, Windsor And Maidenhead SL6 1RU3
£525K06/210.55 mi14, Vicarage Road, Maidenhead, Windsor And Maidenhead SL6 7DS3
£525K06/230.56 mi39, Forlease Road, Maidenhead, Windsor And Maidenhead SL6 1RX3
£430K06/230.56 mi37, Lexington Avenue, Maidenhead, Windsor And Maidenhead SL6 4HL3
£450K02/230.56 mi19, Larchfield Road, Maidenhead, Windsor And Maidenhead SL6 2RZ3
£450K11/200.56 mi1, College Glen, Maidenhead, Windsor And Maidenhead SL6 6BL3
£922K06/230.57 miDormer Cottage, Shoppenhangers Road, Maidenhead, Windsor And Maidenhead SL6 2QE3
£472K03/210.57 mi50, College Glen, Maidenhead, Windsor And Maidenhead SL6 6BL3
£502K01/230.57 mi45, St Lukes Road, Maidenhead, Windsor And Maidenhead SL6 7DN3
£375K06/210.58 mi14, Penshurst Road, Maidenhead, Windsor And Maidenhead SL6 4HP3
£575K10/210.58 mi58, St Lukes Road, Maidenhead, Windsor And Maidenhead SL6 7DP3
£465K06/210.58 mi37, Boyn Hill Road, Maidenhead, Windsor And Maidenhead SL6 4HH3
£350K04/210.58 mi23, Fair Acre, Maidenhead, Windsor And Maidenhead SL6 4AN3
£680K01/210.59 mi52, All Saints Avenue, Maidenhead, Windsor And Maidenhead SL6 6NA3
£433K12/200.59 mi7, Gage Close, Maidenhead, Windsor And Maidenhead SL6 2SQ3
£575K07/230.6 mi35, Penyston Road, Maidenhead, Windsor And Maidenhead SL6 6EJ3
£355K12/200.6 mi55, Holmanleaze, Maidenhead, Windsor And Maidenhead SL6 8AW3
£542K03/230.61 mi34, Penyston Road, Maidenhead, Windsor And Maidenhead SL6 6EH3
£611K03/230.61 mi31, Moorland Way, Maidenhead, Windsor And Maidenhead SL6 1LH3
£550.5K08/210.61 mi20, Moorland Way, Maidenhead, Windsor And Maidenhead SL6 1LH3
£540K01/210.61 mi17, Belmont Vale, Maidenhead, Windsor And Maidenhead SL6 6BQ3
£500K12/200.62 mi11, Belmont Vale, Maidenhead, Windsor And Maidenhead SL6 6BQ3
£395K12/200.63 mi37, Westborough Road, Maidenhead, Windsor And Maidenhead SL6 4AP3
£580K06/210.64 mi25, Cromwell Road, Maidenhead, Windsor And Maidenhead SL6 6BJ3
£640K06/210.64 mi7, Orchard Grove, Maidenhead, Windsor And Maidenhead SL6 6DR3
£460K03/210.65 mi74, Westborough Road, Maidenhead, Windsor And Maidenhead SL6 4AS3
£477.5K11/200.65 mi86, Westborough Road, Maidenhead, Windsor And Maidenhead SL6 4AS3
£475K04/230.67 mi13, Powney Road, Maidenhead, Windsor And Maidenhead SL6 6EE3

Local Rents

40 rents from £1.6K/mo to £4.9K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,75001/240.13 mi-3
£1,90012/240.2 miCourtlands3
£2,70012/240.2 miLofting House3
£2,25008/240.21 miLaburnham Road, Maidenhead, Berkshire, SL6 4DB3
£1,75008/240.25 miCastle Hill Terrace, Maidenhead, Berkshire, SL63
£2,00011/240.3 mi-3
£3,49702/240.32 mi-3
£4,90012/240.32 mi-3
£4,90002/250.32 mi-3
£1,85008/240.34 mi-3
£2,10004/250.38 mi-3
£2,10003/250.41 mi-3
£2,35008/240.43 miMaidenhead, Berkshire, SL63
£2,10004/250.43 mi-3
£1,65002/240.44 mi-3
£1,89512/240.45 miBrunel Road, Maidenhead, Berkshire, SL63
£2,20012/240.46 mi-3
£2,05012/240.46 miRaymond Road3
£2,00002/240.48 mi-3
£1,65008/240.48 mi-3
£2,00011/240.48 mi-3
£1,85002/250.48 mi-3
£2,20012/240.49 mi-3
£2,07511/240.49 mi-3
£2,25002/250.5 mi-3
£1,95012/240.51 mi-3
£1,95002/250.51 mi-3
£2,00002/240.51 mi-3
£2,00012/240.51 mi-3
£1,70002/240.51 mi-3
£1,85008/240.57 mi-3
£1,90012/240.58 mi-3
£1,85003/250.59 mi-3
£1,95012/240.6 mi-3
£1,80008/240.6 mi-3
£1,80012/240.6 mi-3
£1,85008/240.61 miPenyston Road, Maidenhead, Berkshire3
£1,65004/250.61 mi-3
£1,90001/250.61 miRoss Road , Maidenhead, SL63
£1,90012/240.62 mi-3

Local Area Statistics

Population in SL6

77,343

Population in Maidenhead

77,335

Town centre distance

0.34 miles away

Nearest school

0.20 miles away

Nearest train station

0.18 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Price changed to £440,000

February 24, 2025

Listed for £450,000

September 20, 2024

Sold for £155,000

2003

Floor Plans

Description

  • NO ONWARD CHAIN +
  • MINUTES WALK TO TRAIN STATION +
  • DRIVEWAY +
  • EXCELLENT INVESTMENT OPPORTUNITY +
  • GARDEN +

Upon entering, the hallway leads you to a bright reception room to the right, offering a versatile space that could become a cozy living area with some updates. Adjacent to this is a separate dining room and a kitchen, providing a functional layout perfect for family meals and gatherings. The ground floor also includes a separate toilet and a bathroom with a sink, offering practicality and convenience. At the rear, you’ll find a generously sized, fully paved garden that requires minimal maintenance. A small outbuilding with shower and toilet is included, offering extra storage or can be updated into a great office space.  Upstairs, the property features three bedrooms, providing flexibility for a growing family or guest room. The home also benefits from a private driveway, ensuring off-street parking for convenience. While the property is in need of renovation, it provides an excellent opportunity for buyers to design a home tailored to their tastes. This home offers a solid foundation for a comfortable and functional living space, ideal for families or those looking for a rewarding project. EPC rating: E. Tenure: Freehold,

Agent Details

Northwood, Maidenhead

01628 965415

Next Steps?

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