2 Bed Flat, Single Let, Maidenhead, SL6 7HR, £145,000

Cookham Road, Maidenhead, SL6 7HR - 7 months ago

Sold STC
Leasehold
Auction
BTL
ROI: 16%
~59 m²
+7 photos

ValuationUndervalued

Sold Prices£145K - £407K
Sold Prices/m²£2.8K/m² - £5.2K/m²

 

 

Square Metres

~59 m²
Price/m²£2.5K/m²

Value Estimate

£178,350
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£36,250

Stamp Duty & Legal Fees

£8,450

Total Cash In

£44,700

 

 

Cash Out

 

Rent Range

£1,250 - £2,600

Rent Estimate

£1,350

Running Costs/mo

£743

Cashflow/mo

£607

Cashflow/yr

£7,283

ROI

16%

Gross Yield

11%

Local Sold Prices

35 sold prices from £145K to £407K, average is £260K. £2.8K/m² to £5.2K/m², average is £4.4K/m².

PriceDateDistanceAddressBeds 
£168K11/200.03 mi110, Cookham Road, Maidenhead, Windsor And Maidenhead SL6 7HR2
£260K12/200.09 mi141, Cookham Road, Maidenhead, Windsor And Maidenhead SL6 7EU2
£240K04/210.12 mi36, Collier Close, Maidenhead, Windsor And Maidenhead SL6 7LE2
£257K05/210.13 mi68, Collier Close, Maidenhead, Windsor And Maidenhead SL6 7LE2
£290K01/210.13 mi2, Collier Close, Maidenhead, Windsor And Maidenhead SL6 7LE2
£226K11/210.13 mi9, Blakeney Court, Maidenhead, Windsor And Maidenhead SL6 7ER2
£285K08/210.23 mi4, Green Close, Maidenhead, Windsor And Maidenhead SL6 7JL2
£300K11/200.24 mi10, Green Close, Maidenhead, Windsor And Maidenhead SL6 7JL2
£217.5K02/210.24 mi4, Green Close, Maidenhead, Windsor And Maidenhead SL6 7JL2
£258K04/210.24 mi12, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB2
£285K03/210.24 mi38, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB2
£310K03/230.24 mi28, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB2
£298.5K02/230.24 mi34, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB2
£250K11/200.26 mi29, North Town Moor, Maidenhead, Windsor And Maidenhead SL6 7JR2
£280K06/210.3 mi13, Ray Mill Road West, Maidenhead, Windsor And Maidenhead SL6 8SA2
£145K03/230.34 mi20a, North Town Road, Maidenhead, Windsor And Maidenhead SL6 7JF2
£170K12/200.36 mi9, Risborough Road, Maidenhead, Windsor And Maidenhead SL6 7BJ2
£170K12/200.36 mi9, Risborough Road, Maidenhead, Windsor And Maidenhead SL6 7BJ2
£311K12/200.36 mi24, Risborough Road, Maidenhead, Windsor And Maidenhead SL6 7BJ2
£290K03/230.49 miFlat 10, Burnham Court, Fairford Road, Maidenhead, Windsor And Maidenhead SL6 7AB2
£277.5K01/230.52 mi9, Bailey Close, Maidenhead, Windsor And Maidenhead SL6 7YN2
£260K07/210.52 mi20, Bailey Close, Maidenhead, Windsor And Maidenhead SL6 7YN2
£272.5K04/210.6 mi9, Langton Close, Maidenhead, Windsor And Maidenhead SL6 6HR2
£300K07/230.6 mi15, Langton Close, Maidenhead, Windsor And Maidenhead SL6 6HR2
£320K03/230.65 mi75, Belmont Crescent, Maidenhead, Windsor And Maidenhead SL6 6LR2
£250K04/210.68 mi25, Prince Andrew Close, Maidenhead, Windsor And Maidenhead SL6 8QH2
£180K05/230.72 miFlat 9, Sheringham Court, East Road, Maidenhead, Windsor And Maidenhead SL6 1PQ2
£407K03/210.76 miApartment 36, Chapel Wharf, St Ives Road, Maidenhead, Windsor And Maidenhead SL6 1QS2
£336K08/210.79 mi12, Briar Dene, Maidenhead, Windsor And Maidenhead SL6 6SF2
£260K04/210.91 mi46, Stonefield Park, Maidenhead, Windsor And Maidenhead SL6 6ES2
£335K04/230.94 mi1, Lassell Court, Maidenhead, Windsor And Maidenhead SL6 8NE2
£265K01/230.95 mi26, Riseley Road, Maidenhead, Windsor And Maidenhead SL6 6EP2
£230K09/210.96 mi93, Forlease Road, Maidenhead, Windsor And Maidenhead SL6 1SB2
£225K05/210.96 mi38, Riseley Road, Maidenhead, Windsor And Maidenhead SL6 6EP2
£255K05/210.96 mi19, Riseley Road, Maidenhead, Windsor And Maidenhead SL6 6EP2

Local Rents

47 rents from £1.3K/mo to £2.6K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50012/240.1 mi-2
£2,60008/240.11 mi-2
£1,55003/250.12 mi-2
£1,50011/240.13 mi-2
£1,50012/240.13 mi-2
£1,35010/230.21 miMaidenhead, Berkshire2
£1,55008/240.23 miGrangewood Place Maidenhead Berkshire2
£1,55003/250.25 mi-2
£1,60002/250.26 mi-2
£1,50012/240.26 mi-2
£1,50011/240.32 mi-2
£1,60004/250.32 mi-2
£2,00012/240.32 miCordwallis Road, Maidenhead, Berkshire, SL62
£1,50008/240.32 miNorth Town Road, Maidenhead, Berkshire, SL62
£1,50008/240.35 miFernley Court, Maidenhead, Berkshire, SL62
£1,79512/240.36 miRisborough Road, Maidenhead, SL62
£1,65012/240.36 mi-2
£1,50012/240.37 mi-2
£1,40008/240.4 miNorfolk Road, MAIDENHEAD2
£1,35008/240.41 miNorfolk Road Maidenhead Berkshire2
£1,80012/240.41 miFurze Platt Road, Maidenhead, SL62
£1,34911/240.41 mi-2
£1,50011/240.41 mi-2
£1,55012/240.43 mi-2
£1,55008/240.43 mi-2
£1,60012/240.43 miFalkland House, Norfolk Road, Maidenhead, Berkshire, SL62
£1,50003/250.44 mi-2
£1,40004/250.44 mi-2
£1,55012/240.45 miCraufurd Rise, MAIDENHEAD2
£1,65011/240.46 mi-2
£1,75012/240.46 miMaiden Vale, 21 Craufurd Rise, Maidenhead, Berkshire, SL62
£1,45004/250.47 mi-2
£1,25008/240.49 mi-2
£1,50012/240.49 mi-2
£1,70012/240.52 miMedway House, 7 Kidwells Close, Maidenhead, Berkshire, SL6 8FZ2
£2,10002/240.52 mi-2
£1,55012/240.53 miMaidenhead, Berkshire, SL62
£1,50004/250.53 mi-2
£1,55012/240.53 miKidwells Close, MAIDENHEAD2
£2,30008/240.53 mi-2
£2,30011/240.53 mi-2
£1,65011/240.53 mi-2
£1,70012/240.58 mi-2
£1,60012/240.58 mi-2
£1,55001/250.59 mi-2
£1,50008/240.61 miThe Crescent, Maidenhead, SL62
£1,70012/240.61 mi5 Wallingford Way, Maidenhead2

Local Area Statistics

Population in SL6

77,343

Population in Maidenhead

77,335

Town centre distance

0.99 miles away

Nearest school

0.20 miles away

Nearest train station

0.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Price changed to £145,000

January 31, 2025

Listed for £150,000

October 8, 2024

Floor Plans

Description

  • Being Sold via Secure Sale online bidding. Terms and Conditions apply. +
  • Separate kitchen +
  • Two double bedrooms +
  • Family bathroom +
  • Living/dining room +

An ample two bedroom apartment situated in the north town area. The property is located 0.9 miles from Maidenhead town centre & railway station (crossrail). An opportunity for investors.

Council Tax Band: B
Tenure: Leasehold
Length Of Lease: 80
Annual Ground Rent Amount: £15.00
Service Charge Review Period: no service charge

Agent Details

Pattinson Estate Agents, Auction

0191 625 0242

Next Steps?

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