2 Bed Flat, Single Let, Slough, SL1 6PF, £225,000

2 Lowestoft Drive, Slough SL1 6PF - 4 months ago

Leasehold
BTL
ROI: 6%
~56 m²
+4 photos

ValuationUndervalued

Sold Prices£100K - £315K
Sold Prices/m²£2.3K/m² - £5.4K/m²

 

 

Square Metres

~56.40 m²
Price/m²£4K/m²

Value Estimate

£230,803
BMV3%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£56,250

Stamp Duty & Legal Fees

£12,450

Total Cash In

£68,700

 

 

Cash Out

 

Rent Range

£1,350 - £1,750

Rent Estimate

£1,353

Running Costs/mo

£994

Cashflow/mo

£359

Cashflow/yr

£4,311

ROI

6%

Gross Yield

7%

Local Sold Prices

46 sold prices from £100K to £315K, average is £245K. £2.3K/m² to £5.4K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£193K11/200.07 mi88, Lowestoft Drive, Slough SL1 6PE2
£236K05/230.09 mi332, Walpole Road, Slough SL1 6PP2
£220K02/230.09 mi362, Walpole Road, Slough SL1 6PP2
£230K05/210.13 mi164, Lowestoft Drive, Slough SL1 6PD2
£207K05/230.21 mi33, Sandringham Court, Slough SL1 6JU2
£235K03/230.21 mi3, Sandringham Court, Slough SL1 6JU2
£310K06/210.24 mi5, Eaton Avenue, Slough SL1 6EZ2
£275K06/230.24 mi29, Eaton Avenue, Slough SL1 6EZ2
£268K03/210.29 mi62, Windermere Way, Slough SL1 6EL2
£210K06/210.32 miFlat 2, Oppidan, Huntercombe Lane North, Taplow, Maidenhead, Slough SL6 0LW2
£255K10/200.37 mi120, Derwent Drive, Slough SL1 6HW2
£190K07/210.38 mi214, Littlebrook Avenue, Slough SL2 2PF2
£215K07/210.38 mi210, Littlebrook Avenue, Slough SL2 2PF2
£200K02/210.38 mi206, Littlebrook Avenue, Slough SL2 2PF2
£210K04/230.38 mi260, Littlebrook Avenue, Slough SL2 2PF2
£280K10/210.41 mi9, Derwent Drive, Slough SL1 6HT2
£290.1K12/220.41 mi42a, Huntercombe Lane North, Slough SL1 6DY2
£261K09/200.43 mi14, Coniston Crescent, Slough SL1 6EE2
£265K07/210.43 mi25, Coniston Crescent, Slough SL1 6EE2
£245K12/220.45 miFlat 2, Compton Court, Brook Crescent, Slough SL1 6LL2
£260K03/210.47 miFlat 8, Oliver Court, Patricia Close, Slough SL1 5HE2
£276K10/200.48 mi22, Thirlmere Avenue, Slough SL1 6ED2
£230K09/200.48 mi148, Littlebrook Avenue, Slough SL2 2NE2
£234K06/210.48 mi142a, Littlebrook Avenue, Slough SL2 2NE2
£260K10/200.48 mi76, Thirlmere Avenue, Slough SL1 6ED2
£260K08/210.5 mi79, Thirlmere Avenue, Slough SL1 6EB2
£245K03/210.5 mi87, Thirlmere Avenue, Slough SL1 6EB2
£245K02/230.5 mi63, Thirlmere Avenue, Slough SL1 6EB2
£300K07/230.5 mi53, Derwent Drive, Slough SL1 6HS2
£250K12/200.5 mi23, Littlebrook Avenue, Slough SL2 2NW2
£239.9K10/210.5 mi11, Littlebrook Avenue, Slough SL2 2NW2
£210K05/210.5 miFlat 13, Hunter Court, Huntercombe Lane North, Slough SL1 6DS2
£225K02/230.5 miFlat 24, Hunter Court, Huntercombe Lane North, Slough SL1 6DS2
£285K10/200.52 mi10b, Southfield Gardens, Burnham, Slough, Buckinghamshire SL1 7NE2
£265K07/230.59 mi27, Hogarth Close, Slough SL1 5JD2
£240K01/230.73 mi3, Coalmans Way, Burnham, Slough, Buckinghamshire SL1 7NU2
£305K06/230.8 mi129, Maypole Road, Taplow, Maidenhead, Buckinghamshire SL6 0NE2
£315K10/200.83 miFlat 24, Penn House, Jennery Lane, Burnham, Slough, Buckinghamshire SL1 8BN2
£100K08/210.84 mi32, Ridgebank, Slough SL1 5BL2
£275K05/230.88 miFlat 3, Penn House, Jennery Lane, Burnham, Slough, Buckinghamshire SL1 8BN2
£315K03/210.88 miFlat 25, Penn House, Jennery Lane, Burnham, Slough, Buckinghamshire SL1 8BN2
£195K01/210.91 mi2, Boarlands Close, Slough SL1 5DD2
£210K02/210.92 mi60, Lovegrove Drive, Slough SL2 2LS2
£200K04/230.95 mi16, Cobham Close, Slough SL1 5EL2
£298K05/230.98 mi72, Hitcham Road, Taplow, Maidenhead, Buckinghamshire SL6 0LZ2
£166K11/200.98 mi78, Hitcham Road, Taplow, Maidenhead, Buckinghamshire SL6 0LZ2

Local Rents

38 rents from £1.4K/mo to £1.8K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,42509/240.12 miLowestoft Drive, Slough2
£1,42509/240.12 miLowestoft Drive, Slough2
£1,49012/240.13 mi-2
£1,75008/240.15 mi426-430 Bath Road, Nr. Burnham, Berks, SL12
£1,75008/240.15 mi426-430 Bath Road, Nr. Burnham, Berks, SL12
£1,75009/240.15 miHartford Point, 426-430 Bath Road, Nr. Burnham, Berks, SL12
£1,55008/240.16 mi-2
£1,49509/240.2 miBosworth Court2
£1,50009/240.2 miBosworth Court, Slough2
£1,45010/240.24 mi-2
£1,40008/240.24 miHolyhead Mews, Slough, Berkshire, SL12
£1,70009/240.24 miHolyhead Mews, Slough, SL12
£1,60009/240.24 miEaton Avenue, Slough, SL12
£1,75010/240.24 miEaton Avenue Slough SL12
£1,55003/250.25 mi-2
£1,50008/240.25 miHolyhead Mews, Slough, Berkshire, SL12
£1,50008/240.25 miHolyhead Mews, Slough, Berkshire, SL12
£1,50009/240.25 miHolyhead Mews, Slough, Berkshire, SL12
£1,35009/240.25 miSuffolk Close, Burnham2
£1,65009/240.31 miBath Road, Slough, SL12
£1,50012/240.33 miMaidenhead, Null, SL62
£1,50012/240.33 mi-2
£1,65008/240.33 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,65008/240.34 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,70008/240.34 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,65008/240.34 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,67508/240.34 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,70008/240.34 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,37502/250.34 mi-2
£1,35001/250.34 mi-2
£1,70008/240.34 miHartford Point, 426-430 Bath Road, Nr Burnham ,Slough, Berks, SL12
£1,67508/240.34 miHartford Point, 426-430 Bath Road, Nr Burnham ,Slough, Berks, SL12
£1,37502/250.41 mi-2
£1,65010/240.41 mi-2
£1,65012/240.42 mi-2
£1,39512/240.43 mi-2
£1,45003/250.46 mi-2
£1,40009/240.48 miLittlebrook Avenue, Slough2

Local Area Statistics

Population in SL1

70,234

Population in Slough

168,514

Town centre distance

2.52 miles away

Nearest school

0.10 miles away

Nearest train station

0.30 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Price changed to £225,000

February 16, 2025

Listed for £240,000

October 28, 2024

Floor Plans

Description

  • 2 bedrooms +
  • Living room +
  • Kitchen +
  • Bathroom +
  • Double Glazed Windows +
  • Communal Gardens +
  • Great location +
  • Epc Rating D +

A well presented 2 bedroom first floor apartment situated in a popular residential area.

The property boasts 2 bedrooms with fitted wardrobes, fitted kitchen, family bathroom and a good sized living room and would make an ideal first time buy or investment purchase.

Perfectly located just short walk from Burnham station and local shops for essential needs, close by to motorway M4 and easy access to Heathrow airport.

Agent Details

Romans, Burnham

01628 334903

Next Steps?

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