2 Bed Flat, Single Let, Windsor, SL4 4GY, £295,000

5 Urbis, Wolf Lane, Windsor, SL4 4GY - 3 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£200K - £685K
Sold Prices/m²£3.6K/m² - £8.3K/m²

 

 

Square Metres

~67.90 m²
Price/m²£4.3K/m²

Value Estimate

£313,385
BMV6%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£73,750

Stamp Duty & Legal Fees

£12,300

Total Cash In

£86,050

 

 

Cash Out

 

Rent Range

£1,400 - £3,990

Rent Estimate

£1,500

Running Costs/mo

£1,242

Cashflow/mo

£258

Cashflow/yr

£3,098

ROI

4%

Gross Yield

6%

Local Sold Prices

21 sold prices from £200K to £685K, average is £300K. £3.6K/m² to £8.3K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£275K04/230.01 miApartment 22, Urbis, Wolf Lane, Windsor, Windsor And Maidenhead SL4 4GY2
£276.5K01/210.01 miApartment 2, Urbis, Wolf Lane, Windsor, Windsor And Maidenhead SL4 4GY2
£320K11/210.17 mi16a, Monks Road, Windsor, Windsor And Maidenhead SL4 4PE2
£335K04/230.17 mi24, Monks Road, Windsor, Windsor And Maidenhead SL4 4PE2
£333K01/230.17 mi17, Monks Road, Windsor, Windsor And Maidenhead SL4 4PE2
£257K03/230.3 mi40b, Hanover Way, Windsor, Windsor And Maidenhead SL4 5NR2
£285K06/230.34 miFlat 4, Morris Court, Longmead, Windsor, Windsor And Maidenhead SL4 5QE2
£272.5K01/230.57 miFlat 10, Deacon Court, Dedworth Road, Windsor, Windsor And Maidenhead SL4 4LW2
£370K06/210.63 miApartment 9 West Wing, Recognition House, Bridgeman Drive, Windsor, Windsor And Maidenhead SL4 3TD2
£260K09/210.68 mi10, Byron Court, Windsor, Slough SL4 4PU2
£291.4K06/210.68 mi1, Byron Court, Windsor, Windsor And Maidenhead SL4 4PU2
£295K12/220.78 mi7, Concorde Court, Windsor, Windsor And Maidenhead SL4 3SH2
£294K11/210.79 mi21, Chantry Close, Windsor, Windsor And Maidenhead SL4 5EP2
£323K05/230.79 mi24, Chantry Close, Windsor, Windsor And Maidenhead SL4 5EP2
£200K04/230.81 miFlat 19, Imperial Court, Imperial Road, Windsor, Windsor And Maidenhead SL4 3RE2
£348K09/210.9 mi16, Westmead, Windsor, Windsor And Maidenhead SL4 3NL2
£330K09/210.91 mi8, Green Lane, Windsor, Windsor And Maidenhead SL4 3SA2
£300K03/230.92 miFlat 8, Villiers Court, Maidenhead Road, Windsor, Windsor And Maidenhead SL4 5ED2
£330K03/230.94 mi6, Pavilions, Windsor, Windsor And Maidenhead SL4 5GE2
£323.5K06/210.96 mi77a, Bulkeley Avenue, Windsor, Windsor And Maidenhead SL4 3NF2
£685K01/210.98 mi3, Springfield Close, Windsor, Windsor And Maidenhead SL4 3PT2

Local Rents

16 rents from £1.4K/mo to £4K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,70009/240.01 miWolf Lane, Windsor2
£1,60008/240.03 miUrbis, Wolf Lane , Windsor 2
£1,57509/240.03 miWolf Lane, Windsor, Berkshire, SL42
£1,57509/240.1 miWindsor, Berkshire, SL42
£1,65002/250.2 mi-2
£2,10008/240.38 miSmiths Lane, Windsor 2
£2,25009/240.38 miSmiths Lane2
£1,40008/240.45 miTerrent Court, Dedworth Road, Windsor2
£1,90008/240.46 miVale Road2
£1,50008/240.5 miConvent Court, Hatch Lane, Windsor2
£1,69509/240.5 miConvent Court, Hatch Lane, Windsor2
£1,85002/250.55 mi-2
£1,59508/240.57 miHatch Lane, Windsor, Berkshire, SL42
£1,75011/240.57 mi-2
£3,99001/250.57 mi-2
£1,60008/240.61 miRays Avenue2

Local Area Statistics

Population in SL4

43,222

Population in Windsor

43,227

Town centre distance

1.15 miles away

Nearest school

0.10 miles away

Nearest train station

1.55 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Buyer's market

Capital growth (5yrs)

+10%

Property History

Listed for £295,000

October 17, 2024

Floor Plans

Description

  • A must see first floor apartment +
  • Benefiting from having two double bedrooms and two bathrooms +
  • Located close to all amenities, schools for all ages and great transport links. +
  • Lounge/dining room +
  • Separate kitchen +
  • Juliet balcony +
  • Allocated residents parking +
  • Call to arrange a viewing! +

A must see first floor apartment benefiting from having two double bedrooms and two bathrooms. The property is perfectly located close to all amenities, schools for all ages and great transport links. The family apartment comprises of a lounge/dining room, separate kitchen, Juliet balcony and allocated residents parking. Call to arrange a viewing!

Communal Entrance - Communal entrance with Intercom system with stairs leading to the first floor.

Entrance Hallway - Through a wooden front door into a good sized entrance hallway. Good sized storage cupboard with shelving and hanging space.

Lounge/Dining Room - A side aspect living/dining room with UPVC double glazed doors opening up to a Juliet balcony overlooking the communal grounds. Space for a dining table, radiator and power points.

Kitchen - A range of eye and base level wooden units with marble effect work surfaces, inset sink and drainer and partially tiled walls. Integrated appliances including fridge/freezer , oven, 4 ring gas hob with extractor fan above, washing machine and appliance space for dishwasher and microwave. Cupboard housing the boiler, power points and a rear aspect double glazed window.

Family Bathroom - Three piece white suite, comprising of a panel enclosed bath with mixer taps and shower attachment. Low level WC, pedestal wash hand basin with mixer taps, radiator, partially tiled walls , fitted mirror and rear aspect frosted window.

Master Bedroom - A good sized double bedroom with a side aspect double glazed window with radiator below, built in storage cupboard, space for free standing furniture and amble power points.

Ensuite - Master en suite bathroom with low level WC, vanity hand wash basin, shower cubicle, partially tiled walls and wall mounted mirror.

Bedroom Two - Double bedroom, space for freestanding furniture, side aspect double glazed window with radiator below and power points.

Lease Information - Lease length : 999 years from start of lease
Lease start date: 2005
Lease Remaining : 980 years
Service charge: 1400 Approx PA
Ground rent is: £200 PA.

Legal Note - Although these particulars are thought to be materially correct, their accuracy cannot be guaranteed and they do not form part of any contract.

Agent Details

Horler & Associates, Windsor

01753 621234

Next Steps?

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