3 Bed Semi-Detached House, Refurb/BRRR, Maidenhead, SL6 7DP, £495,000

40 St. Lukes Road, Maidenhead SL6 7DP - 3 views - 4 months ago

Sold STC
Refurb/BRRR
ROI: 3%
66 m²
+10 photos

ValuationOvervalued

Sold Prices£355K - £940K
Sold Prices/m²£3.7K/m² - £6.3K/m²

 

 

Square Metres

66 m²
Price/m²£7.5K/m²

Value Estimate

£333,349

 

 

End Value (After Refurb)

£431,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£123,750

Stamp Duty & Legal Fees

£28,300

Refurb Costs

£31,794

Bridging Loan Interest

£12,994

Total Cash In

£198,587

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£431,500

Mortgage (After Refinance)

£323,625

Mortgage LTV

75%

Cash Left In

£198,587

Equity

£107,875

Rent Range

£1,650 - £4,900

Rent Estimate

£2,245

Running Costs/mo

£1,817

Cashflow/mo

£428

Cashflow/yr

£5,131

ROI

3%

Gross Yield

5%

Local Sold Prices

50 sold prices from £355K to £940K, average is £501K. £3.7K/m² to £6.3K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£575K10/210 mi58, St Lukes Road, Maidenhead, Windsor And Maidenhead SL6 7DP3
£502K01/230.01 mi45, St Lukes Road, Maidenhead, Windsor And Maidenhead SL6 7DN3
£525K06/210.08 mi14, Vicarage Road, Maidenhead, Windsor And Maidenhead SL6 7DS3
£355K12/200.24 mi55, Holmanleaze, Maidenhead, Windsor And Maidenhead SL6 8AW3
£450K01/230.33 mi94, Ellington Park, Maidenhead, Windsor And Maidenhead SL6 7LJ3
£940K06/230.36 mi66, Bridle Road, Maidenhead, Windsor And Maidenhead SL6 7RP3
£435K06/230.37 mi126, Blackamoor Lane, Maidenhead, Windsor And Maidenhead SL6 8RL3
£418K02/230.4 mi21, Pearce Road, Maidenhead, Windsor And Maidenhead SL6 7LF3
£400K04/230.4 mi12, Pearce Road, Maidenhead, Windsor And Maidenhead SL6 7LF3
£660K03/210.45 mi51, Harrow Lane, Maidenhead, Windsor And Maidenhead SL6 7PB3
£735K05/230.46 mi1, Calder Close, Maidenhead, Windsor And Maidenhead SL6 7RS3
£480K12/200.47 mi36, Forlease Road, Maidenhead, Windsor And Maidenhead SL6 1RU3
£465K11/200.47 mi5, Moorfield Terrace, Maidenhead, Windsor And Maidenhead SL6 8RB3
£585K02/210.48 mi1, Ray Mill Road East, Maidenhead, Windsor And Maidenhead SL6 8SW3
£525K06/230.5 mi39, Forlease Road, Maidenhead, Windsor And Maidenhead SL6 1RX3
£433.6K01/230.52 mi10, Lynton Green, Maidenhead, Windsor And Maidenhead SL6 6AN3
£520K06/210.52 mi50, Simpson Close, Maidenhead, Windsor And Maidenhead SL6 8RZ3
£456.3K04/230.52 mi4, Castle Court, Maidenhead, Windsor And Maidenhead SL6 6DD3
£418K06/230.53 mi17, Lynton Green, Maidenhead, Windsor And Maidenhead SL6 6AN3
£385K06/210.53 mi9, Grenfell Avenue, Maidenhead, Windsor And Maidenhead SL6 1HQ3
£525K01/210.54 mi6, Pintail Way, Maidenhead, Windsor And Maidenhead SL6 8FT3
£450K12/200.54 mi2, Blackamoor Lane, Maidenhead, Windsor And Maidenhead SL6 8RD3
£564.8K02/210.55 mi100, Bridle Road, Maidenhead, Windsor And Maidenhead SL6 7RT3
£442.5K10/200.55 mi12, Fotherby Court, Maidenhead, Windsor And Maidenhead SL6 1SX3
£355K12/200.56 mi9, Moffy Hill, Maidenhead, Windsor And Maidenhead SL6 7SL3
£450K11/200.57 mi1, College Glen, Maidenhead, Windsor And Maidenhead SL6 6BL3
£611K03/230.57 mi31, Moorland Way, Maidenhead, Windsor And Maidenhead SL6 1LH3
£550.5K08/210.57 mi20, Moorland Way, Maidenhead, Windsor And Maidenhead SL6 1LH3
£585K03/210.57 mi12, Barn Close, Maidenhead, Windsor And Maidenhead SL6 7HD3
£445K08/210.57 mi32, Ray Street, Maidenhead, Windsor And Maidenhead SL6 8PX3
£700K04/210.58 mi25, Castle Drive, Maidenhead, Windsor And Maidenhead SL6 6DB3
£472K03/210.59 mi50, College Glen, Maidenhead, Windsor And Maidenhead SL6 6BL3
£505K08/230.6 mi107, Grenfell Road, Maidenhead, Windsor And Maidenhead SL6 1EX3
£405K06/210.61 mi9, Sandringham Road, Maidenhead, Windsor And Maidenhead SL6 7PL3
£615K03/210.61 mi14, Prince Andrew Road, Maidenhead, Windsor And Maidenhead SL6 8QJ3
£500K12/200.62 mi11, Belmont Vale, Maidenhead, Windsor And Maidenhead SL6 6BQ3
£700K12/200.62 mi1, Juniper Drive, Maidenhead, Windsor And Maidenhead SL6 8RE3
£540K01/210.63 mi17, Belmont Vale, Maidenhead, Windsor And Maidenhead SL6 6BQ3
£430K07/210.63 mi13, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7EY3
£700K06/230.65 mi15, Laburnham Road, Maidenhead, Windsor And Maidenhead SL6 4DB3
£855K06/210.65 mi1, Mossy Vale, Maidenhead, Windsor And Maidenhead SL6 7RX3
£500K07/210.65 mi24a, Malvern Road, Maidenhead, Windsor And Maidenhead SL6 7RH3
£535K01/210.66 mi4b, Malvern Road, Maidenhead, Windsor And Maidenhead SL6 7RH3
£550K03/230.66 mi42, Wellington Road, Maidenhead, Windsor And Maidenhead SL6 6DQ3
£450K03/230.67 mi34, Green Leys, Maidenhead, Windsor And Maidenhead SL6 7EZ3
£585K02/230.67 mi20, Laburnham Road, Maidenhead, Windsor And Maidenhead SL6 4DB3
£434K03/210.67 mi23, Courtlands, Maidenhead, Windsor And Maidenhead SL6 2PT3
£580K06/210.68 mi25, Cromwell Road, Maidenhead, Windsor And Maidenhead SL6 6BJ3
£460K12/210.68 mi11, Whurley Way, Maidenhead, Windsor And Maidenhead SL6 7SU3
£500K11/210.69 mi9, Whurley Way, Maidenhead, Windsor And Maidenhead SL6 7SU3

Local Rents

45 rents from £1.6K/mo to £4.9K/mo, average is £2K/mo.

RentDateDistanceAddressBeds 
£1,90012/240.09 mi-3
£2,05003/250.1 mi-3
£1,85008/240.13 miRay Mill Road West, Maidenhead, Berkshire, SL63
£1,95002/250.19 mi-3
£1,95012/240.19 mi-3
£1,65002/240.2 mi-3
£1,99508/240.2 miDalby Gardens, Maidenhead, SL63
£1,99908/240.22 miDalby Gardens3
£1,82508/240.22 mi-3
£1,80012/240.38 mi-3
£2,50001/250.38 mi-3
£2,70012/240.39 miLofting House3
£2,10002/240.44 mi-3
£4,90012/240.46 mi-3
£4,90002/250.46 mi-3
£3,49702/240.46 mi-3
£1,70012/240.47 mi-3
£2,35012/240.48 miKingfisher Drive, Maidenhead, SL63
£2,35012/240.48 mi-3
£2,25008/240.51 miRaven Drive, Maidenhead, Berkshire, SL63
£1,85003/250.51 mi-3
£2,20012/240.52 mi-3
£1,85008/240.52 mi-3
£2,50004/250.52 mi-3
£1,75001/240.52 mi-3
£1,80002/240.53 mi-3
£1,85002/240.53 mi-3
£2,30008/240.54 miPintail Way, Maidenhead3
£1,75008/240.54 miCastle Hill Terrace, Maidenhead, Berkshire, SL63
£2,00011/240.56 mi-3
£2,20012/240.56 mi-3
£2,00002/240.56 mi-3
£2,00012/240.56 mi-3
£2,35008/240.57 miMaidenhead, Berkshire, SL63
£2,00002/240.58 mi-3
£1,65008/240.58 mi-3
£2,00011/240.58 mi-3
£1,85002/250.58 mi-3
£2,25002/250.58 mi-3
£2,00004/250.58 mi-3
£2,00004/250.58 mi-3
£2,15003/250.6 mi-3
£2,05012/240.6 miRaymond Road3
£2,60012/240.61 miSummerleaze Road, Maidenhead, SL63
£2,10004/250.61 mi-3

Local Area Statistics

Population in SL6

77,343

Population in Maidenhead

77,335

Town centre distance

0.75 miles away

Nearest school

0.10 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £495,000

January 8, 2025

Floor Plans

Description

  • SEMI-DETACHED HOUSE +
  • OWN DRIVE TO GARAGE +
  • REQUIRES MODERNISATION THROUGHOUT +
  • POPULAR LOCATION +
  • THREE BEDROOMS +
  • POTENTIAL TO EXTEND (STP) +
  • CLOSE TO TOWN CENTRE, STATION & SCHOOLS +
  • NO ONWARD CHAIN +

SUMMARY
A good size three bedroom semi-detached house situated in a sought after road and being offered for sale with NO ONWARD CHAIN. This property requires modernisation throughout.

DESCRIPTION
A good size three bedroom semi-detached house requiring modernisation throughout and being offered for sale with NO ONWARD CHAIN. Situated in a sought-after road, within easy reach of the town centre and station.

The property comprises; entrance hall, two separate reception rooms, kitchen, three well-proportioned bedrooms and a bathroom. There is off-road parking for several vehicles on the driveway, which leads to a garage and garden which extends to over 20 metres.

Agents Note  
The sale of this property is subject to grant of probate. Please seek an update from the branch with regards to the potential timeframes involved.

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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