2 Bed Flat, Single Let, Slough, SL3 8PZ, £270,000

Sovereign Heights, Slough, SL3 8PZ - 3 months ago

Leasehold
BTL
ROI: 3%
~59 m²
+15 photos

ValuationOvervalued

Sold Prices£132.5K - £295K
Sold Prices/m²£2.6K/m² - £5K/m²

 

 

Square Metres

~58.70 m²
Price/m²£4.6K/m²

Value Estimate

£227,235

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£15,700

Total Cash In

£83,200

 

 

Cash Out

 

Rent Range

£1,295 - £2,550

Rent Estimate

£1,343

Running Costs/mo

£1,132

Cashflow/mo

£211

Cashflow/yr

£2,528

ROI

3%

Gross Yield

6%

Local Sold Prices

25 sold prices from £132.5K to £295K, average is £243K. £2.6K/m² to £5K/m², average is £3.9K/m².

PriceDateDistanceAddressBeds 
£270K07/230 mi3, Sovereign Heights, Slough SL3 8PZ2
£250K06/230.11 mi1, Laburnum Grove, Slough SL3 8QS2
£253.5K09/210.11 mi3, Laburnum Grove, Slough SL3 8QS2
£241K11/230.13 mi56, Welland Close, Slough SL3 8UP2
£220K03/210.13 mi29, Welland Close, Slough SL3 8UP2
£260K09/230.15 mi40, Laburnum Grove, Slough SL3 8QU2
£233K06/210.16 mi119, Laburnum Grove, Slough SL3 8QT2
£230K06/210.16 mi87, Laburnum Grove, Slough SL3 8QT2
£275K08/230.16 mi67, Laburnum Grove, Slough SL3 8QT2
£250K05/230.23 mi44, Grampian Way, Slough SL3 8UG2
£230K04/230.23 mi32, Grampian Way, Slough SL3 8UG2
£240K08/230.36 mi3, Sir Robert Mews, Slough SL3 8ND2
£240K09/230.42 mi5, Tracy Avenue, Slough SL3 7GN2
£252.5K06/210.48 mi4, Gilbert Way, Slough SL3 7GR2
£243.5K01/210.52 mi2, Wylands Road, Slough SL3 8JT2
£282K10/220.52 mi16, Wylands Road, Slough SL3 8JT2
£225K07/230.7 mi15, Tithe Court, Slough SL3 8AS2
£265K03/210.73 mi46, Tobermory Close, Slough SL3 7JG2
£270K09/230.73 mi41, Tobermory Close, Slough SL3 7JG2
£295K10/200.77 mi87, Grasholm Way, Slough SL3 8WF2
£132.5K04/210.79 mi109, Vicarage Way, Colnbrook, Slough SL3 0RB2
£218K05/230.86 miFlat 2, St Andrews Court, High Street, Colnbrook, Slough SL3 0HU2
£243K11/200.86 mi13, Darrell Close, Slough SL3 7QN2
£225K01/210.88 mi16, Darrell Close, Slough SL3 7QN2
£205K02/210.97 miFlat 2, Bridge House, Bridge Street, Colnbrook, Slough SL3 0JH2

Local Rents

27 rents from £1.3K/mo to £2.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,42508/240.02 mi-2
£1,50002/250.03 mi-2
£1,50008/240.07 miSovereign Heights, Slough2
£1,35008/240.13 mi***LET AGREED***Welland Close, Langley***LET AGREED***2
£1,29508/240.14 miWelland Close, Langley, Berkshire, SL32
£1,35008/240.15 mi-2
£1,35008/240.15 mi-2
£1,40008/240.26 miSutton Place, Langley2
£1,55011/240.33 mi-2
£1,50009/240.35 miLangley - 1 mile to Railway Station2
£2,50002/250.38 mi-2
£2,50002/250.38 mi-2
£2,50002/250.38 mi-2
£2,45002/250.38 mi-2
£2,55002/250.38 mi-2
£2,55002/250.38 mi-2
£2,40002/250.38 mi-2
£1,40008/240.42 miTamar Way2
£1,35002/250.44 mi-2
£1,65009/240.45 miLongwood Avenue, Slough2
£1,40003/250.47 mi-2
£1,64511/240.47 mi-2
£1,64511/240.47 mi-2
£1,85008/240.5 mi-2
£1,65009/240.52 miParsons Road, Langley Woods2
£1,65012/240.59 mi-2
£1,50009/240.62 miKimberley Close, Langley, SL32

Local Area Statistics

Population in SL3

45,182

Population in Slough

168,514

Town centre distance

2.90 miles away

Nearest school

0.40 miles away

Nearest train station

1.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-46%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Price changed to £270,000

February 20, 2025

Listed for £285,000

December 15, 2024

Floor Plans

Description

  • Modern Top-Floor Apartmen +
  • Two Spacious Bedrooms +
  • Two Bathrooms (Including En-Suite) +
  • 18ft Lounge/Dining Room +
  • Separate Fully Fitted Kitchen +
  • Allocated Parking Space +
  • Communal Gardens +
  • Security Entry Phone System +
  • No Onward Chain +

Yopa is pleased to present this modern two-bedroom, two-bathroom second-floor executive apartment located in a highly sought-after gated development. Perfectly positioned with excellent transport links, this property offers convenient access to public transport, motorway networks, a mainline station, and Heathrow Airport. The apartment features an entrance hall with a security entry phone system, leading to a spacious 18ft lounge/dining room with access to a restricted balcony. The separate fully fitted kitchen boasts granite worktops, built-in appliances, and space for essential white goods. The master bedroom includes an en-suite shower room, while the second bedroom is complemented by a family bathroom with a modern white suite. Additional benefits include electric heating, allocated parking, and communal gardens, all within a secure development. With no onward chain, this property is ideal for first-time buyers or investors. Lease: Appx 970 years Service Charge: £2000 per year Ground Rent: £540 per year EPC band: B Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate. Money Laundering Regulations Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.

Agent Details

Yopa, East Anglia & London

01270 447764

Next Steps?

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