2 Bed Flat, Single Let, Slough, SL1 2PA, £224,950

Sydenham Gardens, Slough, SL1 2PA - 3 views - 5 months ago

Leasehold
BTL
ROI: 7%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£110K - £480K
Sold Prices/m²£1.7K/m² - £4.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.3K/m²

Value Estimate

£233,011
BMV1%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,238

Stamp Duty & Legal Fees

£8,099

Total Cash In

£64,336

 

 

Cash Out

 

Rent Range

£1,175 - £2,400

Rent Estimate

£1,400

Running Costs/mo

£1,003

Cashflow/mo

£397

Cashflow/yr

£4,764

ROI

7%

Gross Yield

7%

Local Sold Prices

27 sold prices from £110K to £480K, average is £223K. £1.7K/m² to £4.6K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£223K10/210.28 mi151, Weekes Drive, Slough SL1 2YW2
£215K04/230.33 mi210, Weekes Drive, Slough SL1 2YR2
£235K03/230.33 mi174, Weekes Drive, Slough SL1 2YR2
£237.5K09/210.36 mi30, Tuns Lane, Slough SL1 2XD2
£220K06/210.4 mi113, Weekes Drive, Slough SL1 2YN2
£195K10/200.4 mi101, Weekes Drive, Slough SL1 2YN2
£218K12/200.4 mi87, Weekes Drive, Slough SL1 2YN2
£136.8K11/200.46 mi19a, Alexandra Road, Slough SL1 2NQ2
£202K11/200.55 mi50, Thirkleby Close, Slough SL1 3XF2
£270K06/210.62 mi57, Windmill Road, Slough SL1 3SX2
£112.5K06/210.63 mi140, Windmill Road, Slough SL1 3SW2
£245K02/210.69 mi8, Adelphi Gardens, Slough SL1 2RG2
£110K10/200.71 mi75, Blair Road, Slough SL1 3ST2
£140K06/210.71 mi21, Chalvey Gardens, Slough SL1 2LW2
£235K06/230.75 mi184, Windsor Road, Slough SL1 2JD2
£180K08/210.77 miFlat 7, Centrika, Bath Road, Slough SL1 3SL2
£245K10/200.78 mi28, Winvale, Slough SL1 2JH2
£240K11/200.78 mi50, Winvale, Slough SL1 2JH2
£290K03/210.78 mi136, Windsor Road, Slough SL1 2JA2
£237.5K09/210.8 mi105, Aspects Court, Slough SL1 2EZ2
£195K07/230.8 mi79, Gatewick Close, Slough SL1 3SE2
£232.5K06/210.82 mi9, Beechwood Gardens, Slough SL1 2HW2
£480K10/200.86 mi6, Arborfield Close, Slough SL1 2JW2
£227K04/230.88 mi34, Pickfords Gardens, Slough SL1 3GE2
£230K03/230.88 mi19, Pickfords Gardens, Slough SL1 3GE2
£195K01/210.97 mi2, Boarlands Close, Slough SL1 5DD2
£200K04/230.98 mi16, Cobham Close, Slough SL1 5EL2

Local Rents

23 rents from £1.2K/mo to £2.4K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,60003/250.12 mi-2
£1,50010/230.22 miScarborough Way, Cippenham2
£1,65010/240.3 mi-2
£1,40008/240.33 miWeekes Drive, Cippenham2
£1,60008/240.33 miSlough, Berkshire, SL12
£1,60008/240.34 mi-2
£1,60012/240.44 mi-2
£1,50009/240.44 miBader Gardens, Slough, Berkshire, SL12
£1,50009/240.45 mi-2
£1,45009/240.45 miWorcester Gardens, Slough, Berkshire2
£1,60008/240.45 miQuadrivium Point, Tuns Lane, Slough, SL12
£1,50003/250.45 mi-2
£1,55009/240.47 miFrogmore Close, Cippenham2
£1,50002/250.49 mi-2
£1,65001/250.5 mi-2
£1,35002/250.52 mi-2
£1,35002/250.54 mi-2
£1,45009/240.55 miThirkleby Ave, Slough2
£1,45009/240.56 miCentral Slough 2
£1,35008/240.6 miWindmill Road, Slough2
£2,40008/240.6 mi-2
£2,00010/240.6 mi-2
£1,17509/240.61 miLombard Buildings, Farnham Road2

Local Area Statistics

Population in SL1

70,234

Population in Slough

168,514

Town centre distance

1.18 miles away

Nearest school

0.10 miles away

Nearest train station

1.15 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £224,950

February 12, 2025

Listed for £229,950

October 24, 2024

Floor Plans

Description

  • WELL PRESENTED TWO BEDROOM GROUND FLOOR APARTMENT +
  • MODERN DEVELOPMENT IN SLOUGH +
  • 1.5 MILES OF SLOUGH TOWN CENTRE & SLOUGH MAINLINE STATION (THE ELIZABETH LINE) +
  • TWO DOUBLE BEDROOMS +
  • ALLOCATED PARKING SPACE +
  • DOUBLE GLAZING & GAS CENTRAL HEATING +
  • 136 YEAR LEASE +
  • CATCHMENT AREA OF HIGHLY SOUGHT-AFTER SCHOOLS INCLUDING HERSCHEL & BURNHAM GRAMMAR +
  • SUPERB PURCHASE FOR FIRST TIME BUYERS AND INVESTORS +
  • SOLD WITH NO ONWARD CHAIN +

A modern two bedroom ground floor apartment presented to an excellent standard and perfectly located within 1.5 miles of Slough Town Centre and Slough Mainline Rail Station (The Elizabeth Line). This property would be an ideal first time purchase or investment opportunity. Key features include a large 14' x 11' living/dining room, a fully fitted kitchen, a family bathroom suite, two double bedrooms, gas central heating, double glazing and an allocated parking space. Located in the catchment area of highly sought-after schools and within easy reach of the M4/M25/M40 motorway network (connections to London and Heathrow Airport) we highly recommend early viewings to avoid disappointment. The property boasts a long lease (137 years) and very reasonable ground rent/service charges. Slough Mainline Station (Main Paddington Line & The Elizabeth Line) is a five minute drive. Plenty of shops, supermarkets and retail parks with familiar restaurants are also within a five minute drive. Sold with no onward chain. Highly recommended.

Agent Details

Jackson O'Rourke, Cippenham

01628 965436

Next Steps?

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