2 Bed Flat, Single Let, Slough, SL1 2PA, £240,000

Sydenham Gardens, Chalvey Grove, Slough, Berkshire, SL1 2PA - 3 views - 4 months ago

Sold STC
Leasehold
BTL
ROI: 6%
~68 m²
+1 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£233,011

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Total Cash In

£68,400

 

 

Cash Out

 

Rent Range

£1,175 - £2,400

Rent Estimate

£1,406

Running Costs/mo

£1,051

Cashflow/mo

£355

Cashflow/yr

£4,258

ROI

6%

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
£215K04/230.34 mi210, Weekes Drive, Slough SL1 2YR2
£235K03/230.34 mi174, Weekes Drive, Slough SL1 2YR2
£237.5K09/210.35 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
£202K11/200.54 mi50, Thirkleby Close, Slough SL1 3XF2
£270K06/210.62 mi57, Windmill Road, Slough SL1 3SX2
£112.5K06/210.62 mi140, Windmill Road, Slough SL1 3SW2
£245K02/210.69 mi8, Adelphi Gardens, Slough SL1 2RG2
£110K10/200.7 mi75, Blair Road, Slough SL1 3ST2
£140K06/210.71 mi21, Chalvey Gardens, Slough SL1 2LW2
£235K06/230.74 mi184, Windsor Road, Slough SL1 2JD2
£180K08/210.76 miFlat 7, Centrika, Bath Road, Slough SL1 3SL2
£245K10/200.77 mi28, Winvale, Slough SL1 2JH2
£240K11/200.77 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
£232.5K06/210.81 mi9, Beechwood Gardens, Slough SL1 2HW2
£480K10/200.86 mi6, Arborfield Close, Slough SL1 2JW2
£227K04/230.87 mi34, Pickfords Gardens, Slough SL1 3GE2
£230K03/230.87 mi19, Pickfords Gardens, Slough SL1 3GE2
£195K01/210.97 mi2, Boarlands Close, Slough SL1 5DD2
£200K04/230.99 mi16, Cobham Close, Slough SL1 5EL2

Local Rents

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

RentDateDistanceAddressBeds 
£1,60003/250.13 mi-2
£1,50010/230.22 miScarborough Way, Cippenham2
£1,65010/240.31 mi-2
£1,60008/240.33 miSlough, Berkshire, SL12
£1,40008/240.33 miWeekes Drive, Cippenham2
£1,60008/240.34 mi-2
£1,60012/240.44 mi-2
£1,50009/240.44 mi-2
£1,45009/240.44 miWorcester Gardens, Slough, Berkshire2
£1,50009/240.45 miBader Gardens, Slough, Berkshire, SL12
£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
£1,45009/240.54 miThirkleby Ave, Slough2
£1,45009/240.55 miCentral Slough 2
£1,35008/240.6 miWindmill Road, Slough2
£2,40008/240.6 mi-2
£2,00010/240.6 mi-2
£1,17509/240.6 miLombard Buildings, Farnham Road2
£1,60010/230.62 miWindmill Road, Slough2

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

1.14 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £240,000

November 23, 2024

Floor Plans

Description

  • NO ONWARD CHAIN +

  • Ground Floor Flat +

  • Two Bedrooms +

  • Allocated Parking +

  • Well Presented +

  • Newly Kitchen And Bathroom +

Offered to the market with NO ONWARD CHAIN is this beautifully presented ground floor flat. The entrance hall leads to dual aspect lounge through to modern fitted kitchen, two bedrooms and family bathroom with three piece suite. Benefits from secure entry system, communal gardens and allocated parking.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

QLA240108/2

Agent Details

YOUR MOVE Frank Farr, Langley

01753 387265

Next Steps?

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