2 Bed Flat, Single Let, Maidenhead, SL6 1RJ, £215,000

1 The Hub, St. Ives Road, Maidenhead SL6 1RJ - 4 views - 5 months ago

Leasehold
Auction
BTL
ROI: 8%
57 m²
+7 photos

ValuationUndervalued

Sold Prices£145K - £410K
Sold Prices/m²£2.8K/m² - £5.2K/m²

 

 

Square Metres

57 m²
Price/m²£3.8K/m²

Value Estimate

£246,989
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£53,750

Stamp Duty & Legal Fees

£8,100

Total Cash In

£61,850

 

 

Cash Out

 

Rent Range

£1,250 - £4,000

Rent Estimate

£1,446

Running Costs/mo

£981

Cashflow/mo

£465

Cashflow/yr

£5,579

ROI

9%

Gross Yield

8%

Local Sold Prices

46 sold prices from £145K to £410K, average is £274.5K. £2.8K/m² to £5.2K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£407K03/210.02 miApartment 36, Chapel Wharf, St Ives Road, Maidenhead, Windsor And Maidenhead SL6 1QS2
£230K09/210.24 mi93, Forlease Road, Maidenhead, Windsor And Maidenhead SL6 1SB2
£290K03/230.32 miFlat 10, Burnham Court, Fairford Road, Maidenhead, Windsor And Maidenhead SL6 7AB2
£180K05/230.34 miFlat 9, Sheringham Court, East Road, Maidenhead, Windsor And Maidenhead SL6 1PQ2
£277.5K01/230.35 mi9, Bailey Close, Maidenhead, Windsor And Maidenhead SL6 7YN2
£260K07/210.35 mi20, Bailey Close, Maidenhead, Windsor And Maidenhead SL6 7YN2
£170K12/200.46 mi9, Risborough Road, Maidenhead, Windsor And Maidenhead SL6 7BJ2
£170K12/200.46 mi9, Risborough Road, Maidenhead, Windsor And Maidenhead SL6 7BJ2
£311K12/200.46 mi24, Risborough Road, Maidenhead, Windsor And Maidenhead SL6 7BJ2
£300K06/230.46 miFlat 9, Springfield Court, Oldfield Road, Maidenhead, Windsor And Maidenhead SL6 1TB2
£280K06/210.48 mi13, Ray Mill Road West, Maidenhead, Windsor And Maidenhead SL6 8SA2
£145K03/230.49 mi20a, North Town Road, Maidenhead, Windsor And Maidenhead SL6 7JF2
£225K01/210.49 mi81, Greenfields, Maidenhead, Windsor And Maidenhead SL6 1BB2
£335K04/230.52 mi1, Lassell Court, Maidenhead, Windsor And Maidenhead SL6 8NE2
£250K04/210.6 mi25, Prince Andrew Close, Maidenhead, Windsor And Maidenhead SL6 8QH2
£300K11/200.61 mi10, Green Close, Maidenhead, Windsor And Maidenhead SL6 7JL2
£217.5K02/210.61 mi4, Green Close, Maidenhead, Windsor And Maidenhead SL6 7JL2
£285K08/210.61 mi4, Green Close, Maidenhead, Windsor And Maidenhead SL6 7JL2
£226K11/210.62 mi9, Blakeney Court, Maidenhead, Windsor And Maidenhead SL6 7ER2
£257K05/210.65 mi68, Collier Close, Maidenhead, Windsor And Maidenhead SL6 7LE2
£290K01/210.65 mi2, Collier Close, Maidenhead, Windsor And Maidenhead SL6 7LE2
£240K04/210.65 mi36, Collier Close, Maidenhead, Windsor And Maidenhead SL6 7LE2
£400K10/210.72 miFlat 11, Callaway, Shoppenhangers Road, Maidenhead, Windsor And Maidenhead SL6 2GG2
£389K12/210.74 miFlat 3, Fairway, Shoppenhangers Road, Maidenhead, Windsor And Maidenhead SL6 2PZ2
£390K03/230.74 miFlat 5, Fairway, Shoppenhangers Road, Maidenhead, Windsor And Maidenhead SL6 2PZ2
£340K05/230.74 miFlat 18, Fairway, Shoppenhangers Road, Maidenhead, Windsor And Maidenhead SL6 2PZ2
£397K07/230.74 miFlat 2, St. Peters Lodge, Shoppenhangers Road, Maidenhead, Windsor And Maidenhead SL6 2PZ2
£168K11/200.74 mi110, Cookham Road, Maidenhead, Windsor And Maidenhead SL6 7HR2
£252.5K03/210.79 miFlat 2, Bridge Court, Bath Road, Taplow, Maidenhead, Buckinghamshire SL6 0AS2
£250K11/200.79 mi29, North Town Moor, Maidenhead, Windsor And Maidenhead SL6 7JR2
£315K10/210.8 mi5, Vicarage Mews, Maidenhead, Windsor And Maidenhead SL6 4FY2
£320K02/210.81 mi69, Larchfield Road, Maidenhead, Windsor And Maidenhead SL6 2SJ2
£260K12/200.84 mi141, Cookham Road, Maidenhead, Windsor And Maidenhead SL6 7EU2
£320K03/230.88 mi75, Belmont Crescent, Maidenhead, Windsor And Maidenhead SL6 6LR2
£225K05/210.88 mi38, Riseley Road, Maidenhead, Windsor And Maidenhead SL6 6EP2
£255K05/210.88 mi19, Riseley Road, Maidenhead, Windsor And Maidenhead SL6 6EP2
£265K01/230.88 mi26, Riseley Road, Maidenhead, Windsor And Maidenhead SL6 6EP2
£250K01/230.9 mi19, Croxley Rise, Maidenhead, Windsor And Maidenhead SL6 4JF2
£410K06/210.9 miFlat 10, The Old Court, Bath Road, Taplow, Maidenhead, Buckinghamshire SL6 0AH2
£210K07/230.9 mi13, Croxley Rise, Maidenhead, Windsor And Maidenhead SL6 4JF2
£271.5K03/210.9 mi5, Brunel Road, Maidenhead, Windsor And Maidenhead SL6 2RP2
£258K04/210.95 mi12, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB2
£285K03/210.95 mi38, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB2
£310K03/230.95 mi28, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB2
£298.5K02/230.95 mi34, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB2
£310K02/230.97 mi21, Lexington Avenue, Maidenhead, Windsor And Maidenhead SL6 4HL2

Local Rents

50 rents from £1.3K/mo to £4K/mo, average is £2.1K/mo.

RentDateDistanceAddressBeds 
£1,80012/240.02 miChapel Wharf, Saint Ives Road, Maidenhead2
£1,60003/250.04 mi-2
£1,60003/250.04 mi-2
£1,92512/240.05 miWatermark, Maidenhead, SL62
£2,30008/240.06 miQueen Street, Maidenhead, Berkshire2
£1,50008/240.07 mi-2
£2,00012/240.08 miThe Picturehouse, Bridge Avenue, Maidenhead, Berkshire, SL62
£1,85008/240.08 miThe Colonnade, MAIDENHEAD2
£2,25008/240.08 miALL BILLS INCLUDED WITHIN THE RENT, The Colonnade, Maidenhead,2
£1,85008/240.08 miThe Colonnade, MAIDENHEAD2
£1,85008/240.08 miThe Colonnade Maidenhead SL62
£1,90008/240.08 miMaidenhead2
£2,00012/240.08 miThe Colonnade Maidenhead SL62
£2,50012/240.08 mi-2
£3,00001/240.08 mi-2
£1,60008/240.09 mi-2
£1,49002/240.09 mi-2
£3,22002/240.09 mi-2
£1,80001/250.09 mi-2
£1,25008/240.09 miMarket Street, Maidenhead2
£1,60008/240.09 miMarket Street2
£1,60008/240.09 mi-2
£1,80008/240.1 miWaterside Court, The Colonnade, Maidenhead, Berkshire, SL6 1DL2
£1,80004/250.1 mi-2
£2,00012/240.1 miCanal Side Maidenhead SL62
£1,42008/240.11 mi51 Providence Place2
£1,60012/240.11 miProvidence House, Providence Place2
£2,00008/240.11 miCrown Lane, Maidenhead2
£3,25002/240.11 mi-2
£1,50008/240.12 miCrown Lane, MAIDENHEAD2
£2,50008/240.12 miMaidenhead, Berkshire, SL62
£4,00012/240.12 mi-2
£4,00012/240.12 mi-2
£4,00012/240.12 mi-2
£4,00002/250.12 mi-2
£4,00002/250.12 mi-2
£4,00002/250.12 mi-2
£4,00002/250.12 mi-2
£4,00002/250.12 mi-2
£4,00002/250.12 mi-2
£4,00002/250.12 mi-2
£4,00004/250.12 mi-2
£4,00002/250.12 mi-2
£4,00002/250.12 mi-2
£4,00003/250.12 mi-2
£4,00002/250.12 mi-2
£4,00003/250.12 mi-2
£4,00004/250.12 mi-2
£4,00004/250.12 mi-2
£1,85012/240.12 miBridge Avenue, Maidenhead, Berkshire, SL62

Local Area Statistics

Population in SL6

77,343

Population in Maidenhead

77,335

Town centre distance

0.74 miles away

Nearest school

0.30 miles away

Nearest train station

0.32 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Price changed to £215,000

March 12, 2025

Price changed to £220,000

December 26, 2024

Listed for £230,000

November 27, 2024

Floor Plans

Description

  • 229 YEAR LEASE +
  • TOWN CENTRE LOCATION +
  • CLOSE TO MAIDENHEAD TRAIN STATION +
  • BRIGHT & AIRY APARTMENT +
  • TWO DOUBLE BEDROOMS +
  • SHAKER STYLE KITCHEN WITH LAMINATE WORKTOPS +
  • LIVING ROOM WITH WOOD FLOORING +
  • SECURE COMMUNAL COURTYARD +

SUMMARY
Located in the heart of Maidenhead town centre and close to the mainline train station/Elizabeth line is this bright and airy two bedroom apartment. NO ONWARD CHAIN. Property is offered for sale through Modern Auction which is operated by iamsold Limited.

DESCRIPTION
Located in the heart of Maidenhead town centre and close to the mainline train station/Elizabeth line is this bright and airy two bedroom apartment.

The property comprises: Two double bedrooms, one white family bathroom suite, open plan shaker style kitchen with laminate worktops, dining area and a living room all with wood flooring. Outside is a secure communal courtyard which can only be accessed by owners of these apartments. The property also benefits from NO ONWARD CHAIN.

We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.

1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Agent Details

Roger Platt, Maidenhead

01628 564753

Next Steps?

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