2 Bed Flat, Single Let, Slough, SL1 3SE, £200,000
Gatewick Close, Slough, SL1 3SE - 2 views - 6 months ago
Sold STC
Leasehold
BTL
ROI: 10%
~68 m²





+1 photos
ValuationUndervalued
Sold Prices | £110K - £480K |
Sold Prices/m² | £1.7K/m² - £5.3K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.9K/m² |
Value Estimate | £242,172 |
BMV | 21% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £50,000 |
Stamp Duty & Legal Fees | £7,200 |
Total Cash In | £57,200 |
| |
Cash Out | |
Rent Range | £1,300 - £2,900 |
Rent Estimate | £1,400 |
Running Costs/mo | £925 |
Cashflow/mo | £475 |
Cashflow/yr | £5,700 |
ROI | 10% |
Gross Yield | 8% |
Local Sold Prices
32 sold prices from £110K to £480K, average is £233.8K. £1.7K/m² to £5.3K/m², average is £3.6K/m².
Local Rents
49 rents from £1.3K/mo to £2.9K/mo, average is £1.6K/mo.
Local Area Statistics
Population in SL1 | 70,234 |
Population in Slough | 168,514 |
Town centre distance | 0.41 miles away |
Nearest school | 0.40 miles away |
Nearest train station | 0.35 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | -26% |
Sales demand | Balanced market |
Capital growth (5yrs) | +17% |
Property History
Listed for £200,000
September 24, 2024
Description
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