2 Bed Flat, Single Let, Slough, SL3 0RA, £245,000

Vicarage Way, Colnbrook, SL3 0RA - 1 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 11%
~56 m²
+14 photos

ValuationOvervalued

Sold Prices£132.5K - £350K
Sold Prices/m²£2.6K/m² - £6.4K/m²

 

 

Square Metres

~55.60 m²
Price/m²£4.4K/m²

Value Estimate

£234,910

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£61,250

Stamp Duty & Legal Fees

£8,550

Total Cash In

£69,800

 

 

Cash Out

 

Rent Range

£1,400 - £2,550

Rent Estimate

£1,800

Running Costs/mo

£1,146

Cashflow/mo

£654

Cashflow/yr

£7,853

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £132.5K to £350K, average is £251.3K. £2.6K/m² to £6.4K/m², average is £4.2K/m².

PriceDateDistanceAddressBeds 
£132.5K04/210.04 mi109, Vicarage Way, Colnbrook, Slough SL3 0RB2
£218K05/230.1 miFlat 2, St Andrews Court, High Street, Colnbrook, Slough SL3 0HU2
£205K02/210.2 miFlat 2, Bridge House, Bridge Street, Colnbrook, Slough SL3 0JH2
£260K05/230.27 miFlat 4, Abington, Park Street, Colnbrook, Slough SL3 0HS2
£230K06/210.62 mi87, Laburnum Grove, Slough SL3 8QT2
£275K08/230.62 mi67, Laburnum Grove, Slough SL3 8QT2
£233K06/210.62 mi119, Laburnum Grove, Slough SL3 8QT2
£260K09/230.63 mi40, Laburnum Grove, Slough SL3 8QU2
£250K06/230.66 mi1, Laburnum Grove, Slough SL3 8QS2
£253.5K09/210.66 mi3, Laburnum Grove, Slough SL3 8QS2
£241K11/230.77 mi56, Welland Close, Slough SL3 8UP2
£220K03/210.77 mi29, Welland Close, Slough SL3 8UP2
£270K07/230.77 mi3, Sovereign Heights, Slough SL3 8PZ2
£250K05/230.95 mi44, Grampian Way, Slough SL3 8UG2
£230K04/230.95 mi32, Grampian Way, Slough SL3 8UG2
£240K08/230.97 mi3, Sir Robert Mews, Slough SL3 8ND2
£295K10/200.98 mi87, Grasholm Way, Slough SL3 8WF2
£231.5K01/211.1 miFlat 2, New Horton Manor, Dawn Redwood Close, Horton, Slough, Windsor And Maidenhead SL3 9QR2
£250K02/211.1 miFlat 10, New Horton Manor, Dawn Redwood Close, Horton, Slough, Windsor And Maidenhead SL3 9QR2
£254.9K03/211.1 miFlat 15, New Horton Manor, Dawn Redwood Close, Horton, Slough, Windsor And Maidenhead SL3 9QR2
£282K10/221.15 mi16, Wylands Road, Slough SL3 8JT2
£243.5K01/211.15 mi2, Wylands Road, Slough SL3 8JT2
£240K09/231.19 mi5, Tracy Avenue, Slough SL3 7GN2
£252.5K06/211.25 mi4, Gilbert Way, Slough SL3 7GR2
£225K07/231.26 mi15, Tithe Court, Slough SL3 8AS2
£270K12/211.38 mi43, Hawkes Close, Langley, Slough SL3 8BN2
£282.5K03/211.38 mi22, Hawkes Close, Langley, Slough SL3 8BN2
£245K10/211.47 mi193, Maplin Park, Slough SL3 8YD2
£265K03/211.47 mi46, Tobermory Close, Slough SL3 7JG2
£270K09/231.47 mi41, Tobermory Close, Slough SL3 7JG2
£300K12/221.49 mi207, Maplin Park, Slough SL3 8YD2
£242.5K10/221.51 mi253, Maplin Park, Slough SL3 8YE2
£225K01/211.54 mi140, Maplin Park, Slough SL3 8XZ2
£238K04/211.54 mi126, Maplin Park, Slough SL3 8XZ2
£243.5K04/231.56 mi501, Maplin Park, Slough SL3 8YG2
£243K11/201.57 mi13, Darrell Close, Slough SL3 7QN2
£261K02/241.58 mi144, Mead Avenue, Slough SL3 8JA2
£225K01/211.59 mi16, Darrell Close, Slough SL3 7QN2
£272K04/231.72 mi98, Scholars Walk, Langley, Slough SL3 8LZ2
£282K10/231.72 mi26, Scholars Walk, Langley, Slough SL3 8LY2
£350K09/221.77 mi26a, Bathurst Walk, Iver, Buckinghamshire SL0 9AZ2
£305K02/231.79 mi11, Newton Close, Langley, Slough SL3 8DD2
£295K10/211.79 mi3, Newton Close, Slough SL3 8DD2
£312K11/221.79 mi15, Newton Close, Langley, Slough SL3 8DD2
£300K12/211.79 mi5a, Wellesley Avenue, Iver, Buckinghamshire SL0 9AU2
£327K05/231.85 mi15, Old Mill Place, Wraysbury, Staines-upon-thames, Windsor And Maidenhead TW19 5LY2
£318K11/201.85 mi15, Old Mill Place, Wraysbury, Staines, Windsor And Maidenhead TW19 5LY2
£288K10/231.86 mi222, Reddington Drive, Slough SL3 7SL2
£250K09/211.88 mi16, Barchester Road, Slough SL3 7HA2
£235K09/201.88 mi28, Barchester Road, Slough SL3 7HA2

Local Rents

11 rents from £1.4K/mo to £2.5K/mo, average is £2.5K/mo.

RentDateDistanceAddressBeds 
£1,85009/240.25 miStation Road, Langley, Slough, Berkshire, SL32
£1,80009/240.27 miPark Street2
£1,80009/240.27 miPark Street, Colnbrook, Slough, Berkshire, SL32
£2,50002/250.41 mi-2
£2,50002/250.41 mi-2
£2,50002/250.41 mi-2
£2,45002/250.41 mi-2
£2,55002/250.41 mi-2
£2,55002/250.41 mi-2
£2,40002/250.41 mi-2
£1,40008/240.54 miSutton Place, Langley2

Local Area Statistics

Population in SL3

45,182

Population in Slough

168,514

Town centre distance

3.66 miles away

Nearest school

0.10 miles away

Nearest train station

1.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-46%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £245,000

October 7, 2024

Floor Plans

Description

  • Purpose Built Flat +
  • First Floor, Security Entry Phone System +
  • Two Double Bedrooms +
  • Modern Fitted Kitchen +
  • Contemporary Bathroom +
  • Residents Car Park +
  • Communal Gardens +
  • Cul-De-Sac Location +
  • Walking distance of local amenities +
  • Council Tax Band: C / EPC Rating: C +

Within walking distance of Colnbrook high street and local amenities, B Simmons are delighted to present to the market this first floor purpose built flat. An ideal First Time Buy or Buy to Let investment. The property is well presented and benefits from a residents car park providing ample off street parking, and well maintained communal gardens.

As you enter the property you enter into a private entrance lobby which leads you through to an entrance hallway with adjoining doors to; an open plan duel aspect living/dining room with a large built in storage cupboard. There is a modern kitchen fitted with a range of matching wall and base units, roll top worksurfaces over, inset stainless steel sink unit, integrated gas hob and electric double oven. The contemporary bathroom has been updated by the current owner, fitted with a matching three piece suite with a shower and shower screen over the bath. The property boasts two double bedrooms both having built in wardrobes and has gas central heating and double glazing throughout. Outside there are well maintained communal gardens for residents use, communal washing lines, refuse area and a residents car park providing ample off street parking.

Colnbrook is a village location with local shops, parkland and fantastic bus routes to London Heathrow. There is easy access to M4, M40, M25 and A4 and local Primary and Secondary schools are within walking distance of the property.

Property Information: Lease Remaining: Approx. 87 yearsGround Rent: Approx. £10.00 PAMaintenance Charges: Approx. £1146.99 PACouncil Tax Band: C / EPC Rating: C(all to be verified by a solicitor)

Agent Details

B. Simmons, Langley

01753 969796

Next Steps?

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