2 Bed Flat, Single Let, Maidenhead, SL6 7HR, £170,000

Maidenhead, Berkshire, SL6 7HR - 3 views - 3 months ago

Leasehold

BTL

ROI: 10%

~68 m²

+6 photos

ValuationUndervalued

Sold Prices	£145K - £407K
Sold Prices/m²	£2.8K/m² - £5.2K/m²

Square Metres	~68.11 m²
Price/m²	£2.5K/m²
Value Estimate	£237,500£237,500
BMV	25%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£42,500£42,500
Stamp Duty & Legal Fees	£6,900£6,900
Total Cash In	£49,400£49,400

Cash Out
Rent Range	£1,250 - £2,600£1,250 - £2,600
Rent Estimate	£1,350
Running Costs/mo	£821£821
Cashflow/mo	£529£529
Cashflow/yr	£6,345£6,345
ROI	13%13%
Gross Yield	10%10%

Local Sold Prices

36 sold prices from £145K to £407K, average is £262.5K. £2.8K/m² to £5.2K/m², average is £4.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£240K	04/21	0.04 mi	36, Collier Close, Maidenhead, Windsor And Maidenhead SL6 7LE	£4,444	54	2	Flat
£257K	05/21	0.05 mi	68, Collier Close, Maidenhead, Windsor And Maidenhead SL6 7LE	£4,001	64	2	Flat
£290K	01/21	0.05 mi	2, Collier Close, Maidenhead, Windsor And Maidenhead SL6 7LE	£5,088	57	2	Flat
£168K	11/20	0.06 mi	110, Cookham Road, Maidenhead, Windsor And Maidenhead SL6 7HR	£3,055	55	2	Flat
£226K	11/21	0.09 mi	9, Blakeney Court, Maidenhead, Windsor And Maidenhead SL6 7ER	£4,520	50	2	Flat
£260K	12/20	0.15 mi	141, Cookham Road, Maidenhead, Windsor And Maidenhead SL6 7EU	£4,062	64	2	Flat
£285K	08/21	0.16 mi	4, Green Close, Maidenhead, Windsor And Maidenhead SL6 7JL	-	-	2	Flat
£300K	11/20	0.16 mi	10, Green Close, Maidenhead, Windsor And Maidenhead SL6 7JL	£4,478	67	2	Flat
£217.5K	02/21	0.16 mi	4, Green Close, Maidenhead, Windsor And Maidenhead SL6 7JL	-	-	2	Flat
£280K	06/21	0.22 mi	13, Ray Mill Road West, Maidenhead, Windsor And Maidenhead SL6 8SA	£4,416	63	2	Flat
£250K	11/20	0.23 mi	29, North Town Moor, Maidenhead, Windsor And Maidenhead SL6 7JR	£4,098	61	2	Flat
£145K	03/23	0.26 mi	20a, North Town Road, Maidenhead, Windsor And Maidenhead SL6 7JF	£3,021	48	2	Flat
£258K	04/21	0.27 mi	12, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB	£3,583	72	2	Flat
£285K	03/21	0.27 mi	38, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB	£4,597	62	2	Flat
£310K	03/23	0.27 mi	28, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB	£4,429	70	2	Flat
£298.5K	02/23	0.27 mi	34, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HB	£4,664	64	2	Flat
£170K	12/20	0.33 mi	9, Risborough Road, Maidenhead, Windsor And Maidenhead SL6 7BJ	£2,833	60	2	Flat
£170K	12/20	0.33 mi	9, Risborough Road, Maidenhead, Windsor And Maidenhead SL6 7BJ	£2,833	60	2	Flat
£311K	12/20	0.33 mi	24, Risborough Road, Maidenhead, Windsor And Maidenhead SL6 7BJ	£5,183	60	2	Flat
£290K	03/23	0.44 mi	Flat 10, Burnham Court, Fairford Road, Maidenhead, Windsor And Maidenhead SL6 7AB	-	-	2	Flat
£277.5K	01/23	0.49 mi	9, Bailey Close, Maidenhead, Windsor And Maidenhead SL6 7YN	-	-	2	Flat
£260K	07/21	0.49 mi	20, Bailey Close, Maidenhead, Windsor And Maidenhead SL6 7YN	£3,523	74	2	Flat
£250K	04/21	0.6 mi	25, Prince Andrew Close, Maidenhead, Windsor And Maidenhead SL6 8QH	£4,515	55	2	Flat
£272.5K	04/21	0.66 mi	9, Langton Close, Maidenhead, Windsor And Maidenhead SL6 6HR	£4,955	55	2	Flat
£300K	07/23	0.66 mi	15, Langton Close, Maidenhead, Windsor And Maidenhead SL6 6HR	-	-	2	Flat
£180K	05/23	0.68 mi	Flat 9, Sheringham Court, East Road, Maidenhead, Windsor And Maidenhead SL6 1PQ	-	-	2	Flat
£320K	03/23	0.68 mi	75, Belmont Crescent, Maidenhead, Windsor And Maidenhead SL6 6LR	£5,161	62	2	Flat
£407K	03/21	0.7 mi	Apartment 36, Chapel Wharf, St Ives Road, Maidenhead, Windsor And Maidenhead SL6 1QS	-	-	2	Flat
£336K	08/21	0.86 mi	12, Briar Dene, Maidenhead, Windsor And Maidenhead SL6 6SF	£4,941	68	2	Flat
£335K	04/23	0.87 mi	1, Lassell Court, Maidenhead, Windsor And Maidenhead SL6 8NE	£3,775	89	2	Flat
£230K	09/21	0.89 mi	93, Forlease Road, Maidenhead, Windsor And Maidenhead SL6 1SB	£4,423	52	2	Flat
£300K	06/23	0.94 mi	Flat 9, Springfield Court, Oldfield Road, Maidenhead, Windsor And Maidenhead SL6 1TB	-	-	2	Flat
£260K	04/21	0.94 mi	46, Stonefield Park, Maidenhead, Windsor And Maidenhead SL6 6ES	£4,407	59	2	Flat
£265K	01/23	0.96 mi	26, Riseley Road, Maidenhead, Windsor And Maidenhead SL6 6EP	£4,344	61	2	Flat
£225K	05/21	0.97 mi	38, Riseley Road, Maidenhead, Windsor And Maidenhead SL6 6EP	£3,879	58	2	Flat
£255K	05/21	0.97 mi	19, Riseley Road, Maidenhead, Windsor And Maidenhead SL6 6EP	£4,322	59	2	Flat

Local Rents

50 rents from £1.3K/mo to £2.6K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,500	12/24	0.02 mi	-	2	Flat
£1,550	03/25	0.04 mi	-	2	Flat
£2,600	08/24	0.07 mi	-	2	Flat
£1,500	12/24	0.09 mi	-	2	Flat
£1,500	11/24	0.09 mi	-	2	Flat
£1,550	08/24	0.17 mi	Grangewood Place Maidenhead Berkshire	2	Flat
£1,550	03/25	0.18 mi	-	2	Flat
£1,600	02/25	0.19 mi	-	2	Flat
£1,350	10/23	0.19 mi	Maidenhead, Berkshire	2	Flat
£1,500	11/24	0.24 mi	-	2	Flat
£1,500	08/24	0.25 mi	North Town Road, Maidenhead, Berkshire, SL6	2	Flat
£1,600	04/25	0.27 mi	-	2	Terraced House
£2,000	12/24	0.29 mi	Cordwallis Road, Maidenhead, Berkshire, SL6	2	Detached House
£1,795	12/24	0.33 mi	Risborough Road, Maidenhead, SL6	2	Terraced House
£1,650	12/24	0.33 mi	-	2	Terraced House
£1,500	12/24	0.33 mi	-	2	Terraced House
£1,500	12/24	0.33 mi	-	2	Flat
£1,349	11/24	0.35 mi	-	2	Flat
£1,400	04/25	0.37 mi	-	2	Flat
£1,350	08/24	0.37 mi	Norfolk Road Maidenhead Berkshire	2	Flat
£1,400	08/24	0.38 mi	Norfolk Road, MAIDENHEAD	2	Flat
£1,600	12/24	0.39 mi	Falkland House, Norfolk Road, Maidenhead, Berkshire, SL6	2	Flat
£1,500	08/24	0.41 mi	Fernley Court, Maidenhead, Berkshire, SL6	2	Flat
£1,550	12/24	0.41 mi	-	2	Flat
£1,550	08/24	0.41 mi	-	2	Flat
£1,500	03/25	0.42 mi	-	2	Flat
£1,550	12/24	0.43 mi	Craufurd Rise, MAIDENHEAD	2	Flat
£1,650	11/24	0.44 mi	-	2	Flat
£1,750	12/24	0.44 mi	Maiden Vale, 21 Craufurd Rise, Maidenhead, Berkshire, SL6	2	Flat
£1,450	04/25	0.44 mi	-	2	Flat
£1,500	12/24	0.46 mi	-	2	Flat
£1,250	08/24	0.46 mi	-	2	Flat
£1,700	12/24	0.46 mi	Medway House, 7 Kidwells Close, Maidenhead, Berkshire, SL6 8FZ	2	Flat
£2,100	02/24	0.46 mi	-	2	Flat
£1,550	12/24	0.47 mi	Kidwells Close, MAIDENHEAD	2	Flat
£2,300	08/24	0.47 mi	-	2	Flat
£2,300	11/24	0.47 mi	-	2	Flat
£1,650	11/24	0.47 mi	-	2	Flat
£1,500	11/24	0.48 mi	-	2	Semi-Detached House
£1,800	12/24	0.48 mi	Furze Platt Road, Maidenhead, SL6	2	Terraced House
£1,550	12/24	0.49 mi	Maidenhead, Berkshire, SL6	2	Flat
£1,700	12/24	0.54 mi	-	2	Flat
£1,600	12/24	0.54 mi	-	2	Flat
£1,550	01/25	0.56 mi	-	2	Flat
£2,000	12/24	0.57 mi	-	2	Flat
£1,500	08/24	0.57 mi	The Crescent, Maidenhead, SL6	2	Flat
£1,700	12/24	0.58 mi	Miller Place, Maidenhead	2	Flat
£1,800	04/25	0.58 mi	-	2	Flat
£1,800	02/25	0.59 mi	-	2	Flat
£1,600	08/24	0.59 mi	Kingfisher Drive, MAIDENHEAD	2	Flat

Local Area Statistics

Population in SL6	77,34377,343
Population in Maidenhead	77,33577,335
Town centre distance	0.98 miles away0.98 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	0.22 miles away0.22 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-2%-2%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+9%+9%

Property History

Price changed to £170,000

February 28, 2025

Listed for £190,000

January 17, 2025

Floor Plans

Description

Leasehold Term 99 years from 15/07/2014 +
Two Bedrooms +
Second Floor Apartment +
0.2 miles To Train Station +
No Onward Chain +
Amenities Within Less Than A Mile +
Purpose Built +
Easy Access To M4 +
First Purchase Or Investment Opportunity +

Property Description

Situated in the northern part of Maidenhead is this two bed purpose built flat which is offered chain free. Within 1 mile to local amenities.

Agent Details

Chancellors, Maidenhead

01628 334890

Next Steps?

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

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