3 Bed Flat, Single Let, Maidenhead, SL6 1FN, £349,000

238 Burghley Court, Kingsquarter, Maidenhead, Berks, SL6 1FN - 4 views - 7 months ago

Leasehold

BTL

ROI: 4%

104 m²

+3 photos

ValuationUndervalued

Sold Prices	£252K - £570K
Sold Prices/m²	£3.4K/m² - £5.9K/m²

Square Metres	104 m²
Price/m²	£3.4K/m²
Value Estimate	£418,800£418,800
BMV	20%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£87,250£87,250
Stamp Duty & Legal Fees	£16,620£16,620
Total Cash In	£103,870£103,870

Cash Out
Rent Range	£1,650 - £4,900£1,650 - £4,900
Rent Estimate	£1,850
Running Costs/mo	£1,481£1,481
Cashflow/mo	£369£369
Cashflow/yr	£4,433£4,433
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

8 sold prices from £252K to £570K, average is £390K. £3.4K/m² to £5.9K/m², average is £4.3K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£275K	06/21	0.42 mi	11, Prince Andrew Close, Maidenhead, Windsor And Maidenhead SL6 8QH	£4,098	67	3	Flat
£252K	06/23	0.69 mi	86, Greenfields, Maidenhead, Windsor And Maidenhead SL6 1BB	£3,406	74	3	Flat
£420K	05/23	1.18 mi	28, Braybank, Bray, Maidenhead, Windsor And Maidenhead SL6 2BH	£4,529	93	3	Flat
£570K	12/20	1.47 mi	48, Switchback Road South, Maidenhead, Windsor And Maidenhead SL6 7PZ	£5,534	103	3	Flat
£340K	03/23	1.63 mi	12, Hatfield Close, Maidenhead, Windsor And Maidenhead SL6 4RJ	£3,864	88	3	Flat
£530K	06/21	1.79 mi	29, Hemsdale, Maidenhead, Windsor And Maidenhead SL6 6SL	-	-	3	Flat
£380K	01/23	2.19 mi	42, Thirlmere Avenue, Slough SL1 6ED	£5,855	65	3	Flat
£400K	12/20	2.22 mi	Flat 4, Newlands House, Bath Road, Maidenhead, Windsor And Maidenhead SL6 4LQ	-	-	3	Flat

Local Rents

35 rents from £1.6K/mo to £4.9K/mo, average is £2.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,950	04/25	0.02 mi	-	3	Flat
£1,850	12/24	0.03 mi	Burghley Court, Kingsquarter, Maidenhead, Berkshire, SL6	3	Flat
£1,850	12/24	0.03 mi	Kingsquarter, Maidenhead, Berkshire, SL6	3	Flat
£1,850	12/24	0.03 mi	-	3	Flat
£1,850	12/24	0.03 mi	Kingsquarter, Maidenhead, SL6	3	Flat
£1,950	12/24	0.04 mi	Sadlers Mews	3	Terraced House
£2,250	08/24	0.1 mi	The Farthingales, Maidenhead, Berkshire, SL6	3	Terraced House
£2,350	08/24	0.13 mi	17 Juniper Drive, Maidenhead	3	Detached House
£2,150	03/25	0.24 mi	-	3	Semi-Detached House
£1,850	03/25	0.25 mi	-	3	Semi-Detached House
£2,300	08/24	0.28 mi	Ray Park Road, Maidenhead, Berkshire, SL6	3	Detached House
£2,250	08/24	0.29 mi	Raven Drive, Maidenhead, Berkshire, SL6	3	Detached House
£1,800	04/25	0.32 mi	-	3	Flat
£3,000	08/24	0.32 mi	River Road Taplow SL6	3	Flat
£2,300	08/24	0.32 mi	Pintail Way, Maidenhead	3	Terraced House
£2,500	01/25	0.36 mi	-	3	Terraced House
£2,500	04/25	0.36 mi	-	3	Terraced House
£2,350	12/24	0.37 mi	-	3	Semi-Detached House
£2,350	12/24	0.37 mi	Kingfisher Drive, Maidenhead, SL6	3	Semi-Detached House
£2,200	12/24	0.37 mi	-	3	Semi-Detached House
£2,250	02/25	0.38 mi	-	3	Semi-Detached House
£2,100	02/24	0.38 mi	-	3	Terraced House
£2,000	02/24	0.39 mi	-	3	Semi-Detached House
£1,650	08/24	0.39 mi	-	3	Terraced House
£2,000	11/24	0.39 mi	-	3	Semi-Detached House
£1,850	03/25	0.39 mi	-	3	Terraced House
£2,200	12/24	0.39 mi	-	3	Terraced House
£1,835	04/25	0.41 mi	-	3	Semi-Detached House
£2,350	08/24	0.44 mi	Maidenhead, Berkshire, SL6	3	Flat
£4,900	12/24	0.51 mi	-	3	Flat
£4,900	02/25	0.51 mi	-	3	Flat
£3,497	02/24	0.52 mi	-	3	House
£2,000	11/24	0.57 mi	-	3	Terraced House
£2,100	03/25	0.59 mi	-	3	Terraced House
£2,250	12/24	0.59 mi	Ray Mead Road, Maidenhead, SL6	3	Flat

Local Area Statistics

Population in SL6	77,34377,343
Population in Maidenhead	77,33577,335
Town centre distance	1.16 miles away1.16 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.70 miles away0.70 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-2%-2%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+9%+9%

Property History

Listed for £349,000

September 20, 2024

Floor Plans

Description

SPACIOUS OPEN PLAN LIVING WITH BALCONY +
MASTER BEDROOM WITH ENSUITE AND BALCONY +
2 FURTHER BEDROOMS +
WELL FITTED KITCHEN AND UTILTY ROOM +
FAMILY BATHROOM +
FAR REACHING VIEWS +
WALKING DISTANCE TO RIVER AND TOWN CENTRE +
NO ONWARD CHAIN +
2 UNDERGROUND ALLOCATED PARKING SPACES +

A spacious, light and airy top floor (3rd floor) three bedroom apartment set in an elegant contemporary sixteen year old development within easy walking distance of both the River Thames and Maidenhead town centre. Communal Gardens, three bedrooms- one with ensuite showerroom, family bathroom, two large walk in storage cupboards, open plan kitchen/living/dining room, utility room, two balconies with far reaching views, double glazing, gas central heating basement parking with two spaces, no onward chain, Epc band B

Agent Details

Andrew Milsom, Cookham

01628 957691

Next Steps?

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