2 Bed Flat, Single Let, Slough, SL3 7QA, £250,000

46 Meadow Road, Langley, Berkshire, SL3 7QA - 3 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~56 m²
+7 photos

ValuationOvervalued

Sold Prices£152.5K - £312K
Sold Prices/m²£3.2K/m² - £5.4K/m²

 

 

Square Metres

~56 m²
Price/m²£4.5K/m²

Value Estimate

£227,571

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Total Cash In

£76,200

 

 

Cash Out

 

Rent Range

£950 - £3,250

Rent Estimate

£1,313

Running Costs/mo

£1,064

Cashflow/mo

£249

Cashflow/yr

£2,990

ROI

4%

Gross Yield

6%

Local Sold Prices

35 sold prices from £152.5K to £312K, average is £260K. £3.2K/m² to £5.4K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£288K10/230.08 mi222, Reddington Drive, Slough SL3 7SL2
£225K01/210.25 mi16, Darrell Close, Slough SL3 7QN2
£243K11/200.25 mi13, Darrell Close, Slough SL3 7QN2
£250K03/230.31 mi189, Upton Court Road, Slough SL3 7LN2
£265K03/210.36 mi46, Tobermory Close, Slough SL3 7JG2
£270K09/230.36 mi41, Tobermory Close, Slough SL3 7JG2
£260K10/220.41 mi20, Barchester Road, Slough SL3 7HA2
£235K09/200.42 mi28, Barchester Road, Slough SL3 7HA2
£250K09/210.42 mi16, Barchester Road, Slough SL3 7HA2
£305K02/230.44 mi11, Newton Close, Langley, Slough SL3 8DD2
£295K10/210.44 mi3, Newton Close, Slough SL3 8DD2
£312K11/220.44 mi15, Newton Close, Langley, Slough SL3 8DD2
£245K01/230.45 mi112, Minster Way, Slough SL3 7EX2
£223K09/200.45 mi47, Minster Way, Slough SL3 7EY2
£230K11/220.5 mi19, Maryside, Slough SL3 7ES2
£260K08/210.5 mi59, Hurworth Avenue, Slough SL3 7FE2
£260K08/210.5 mi59, Hurworth Avenue, Slough SL3 7FE2
£265K09/200.5 mi33, Hurworth Avenue, Slough SL3 7FE2
£285K05/210.57 mi141, Hurworth Avenue, Slough SL3 7FG2
£274K10/200.57 mi26, Chadwick Road, Slough SL3 7FU2
£267.5K04/210.57 mi20, Chadwick Road, Slough SL3 7FU2
£280K02/210.58 mi108, Chadwick Road, Slough SL3 7FU2
£285K05/210.58 mi141, Hurworth Avenue, Slough SL3 7FG2
£252.5K06/210.64 mi4, Gilbert Way, Slough SL3 7GR2
£282K10/230.65 mi26, Scholars Walk, Langley, Slough SL3 8LY2
£225K07/230.68 mi15, Tithe Court, Slough SL3 8AS2
£243.5K01/210.69 mi2, Wylands Road, Slough SL3 8JT2
£282K10/220.69 mi16, Wylands Road, Slough SL3 8JT2
£272K04/230.69 mi98, Scholars Walk, Langley, Slough SL3 8LZ2
£240K09/230.71 mi5, Tracy Avenue, Slough SL3 7GN2
£240K08/230.85 mi3, Sir Robert Mews, Slough SL3 8ND2
£250K05/230.87 mi44, Grampian Way, Slough SL3 8UG2
£230K04/230.87 mi32, Grampian Way, Slough SL3 8UG2
£152.5K04/230.88 mi287, Rochfords Gardens, Slough SL2 5XH2
£261K02/241 mi144, Mead Avenue, Slough SL3 8JA2

Local Rents

47 rents from £950/mo to £3.3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£2,50001/250.04 mi-2
£1,75011/240.09 mi-2
£1,75011/240.09 mi-2
£1,65009/240.09 mi-2
£1,60011/240.1 mi-2
£1,60009/240.1 miRandolph Road, Slough, SL32
£1,65008/240.17 miLangley 2
£1,57502/250.18 mi-2
£1,65003/250.31 mi-2
£1,55002/240.33 mi-2
£1,70008/240.33 mi-2
£1,70009/240.35 miLondon Road, Slough, SL32
£1,70010/240.35 mi-2
£1,70002/250.35 mi-2
£1,50008/240.36 miTobermory Close, Langley - 2 bed, 2 Bath Ground Floor Apartment 2
£1,80008/240.4 miSlough, Berkshire, SL32
£1,30010/240.42 mi-2
£1,70008/240.43 miSlough, Berkshire, SL32
£1,65002/250.43 mi-2
£1,20003/250.43 mi-2
£1,80009/240.43 miSpencer Road, Langley, SL32
£1,75009/240.43 miSpencer Road, Langley, SL32
£1,75009/240.43 mi-2
£1,70002/250.46 mi-2
£1,80008/240.48 miKenyon Way, Langley2
£1,50009/240.48 miKimberley Close, Langley, SL32
£1,65003/250.49 mi-2
£1,70009/240.5 miHurworth Avenue, Slough, SL32
£1,70009/240.5 miHurworth Avenue, Slough, SL32
£1,70011/240.5 mi-2
£1,50001/250.5 mi-2
£1,85002/250.51 mi-2
£95009/240.51 mi-2
£1,79511/240.52 mi-2
£1,75009/240.53 mi-2
£1,85003/250.54 mi-2
£1,55009/240.54 mi-2
£1,59508/240.57 mi-2
£1,65008/240.57 mi-2
£1,83502/250.57 mi-2
£1,40009/240.58 miChadwick Road, Slough2
£1,60001/250.58 mi-2
£1,50008/240.58 miChadwick Road, Langley, SL32
£3,25003/250.58 mi-2
£1,55002/250.58 mi-2
£2,99503/250.58 mi-2
£1,40009/240.6 miHurworth Avenue, Langley, Slough2

Local Area Statistics

Population in SL3

45,182

Population in Slough

168,514

Town centre distance

1.85 miles away

Nearest school

0.20 miles away

Nearest train station

0.82 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-46%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £250,000

February 4, 2025

Listed for £260,000

December 13, 2024

Floor Plans

Description

  • A good size two bedroom apartment +
  • Second floor +
  • End of chain +
  • Close to poplar schools and amenities +
  • Separate kitchen +
  • Gas central heating system +

The Frost Partnership are pleased to bring to the market this 2nd floor 2 bedroom apartment. The accommodation comprises of communal entrance hall, entrance hall, kitchen, bathroom, communal gardens and 2 bedrooms. Useful storage cupboard on the ground floor. The property is presented as end of chain.

A good size two bedroom apartment, second floor, end of chain, close to poplar schools and amenities, separate kitchen, gas central heating system Council Tax Band: B EER: D

Agent Details

The Frost Partnership, Langley

01753 303736

Next Steps?

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