5 Bed HMO, Maidenhead, SL6 1EX, £475,000

512 Grenfell Road, Maidenhead SL6 - 16 views - 3 months ago

HMO
ROI: 7%
~178 m²
+7 photos

ValuationUndervalued

Sold Prices£545K - £6.4M
Sold Prices/m²£3.5K/m² - £16.3K/m²

 

 

Square Metres

~178.28 m²
Price/m²£2.7K/m²

Value Estimate

£579,500
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£26,700

Total Cash In

£145,450

 

 

Cash Out

 

Room Rate

£737

Gross Rent

£3,685

Running Costs/mo

£2,889

Cashflow/mo

£796

Cashflow/yr

£9,558

ROI

7%

Gross Yield

9%

Local Sold Prices

50 sold prices from £545K to £6.4M, average is £1.0M. £3.5K/m² to £16.3K/m², average is £5K/m².

PriceDateDistanceAddressBeds 
£579K02/210.16 mi11, Clare Road, Maidenhead, Windsor And Maidenhead SL6 4DW5
£745K06/230.21 mi8, Folly Hill Gardens, Maidenhead, Windsor And Maidenhead SL6 1PG5
£1.3M12/200.3 mi5, Castle Hill Terrace, Maidenhead, Windsor And Maidenhead SL6 4JP5
£1.1M06/210.3 miTamerind, Shoppenhangers Road, Maidenhead, Windsor And Maidenhead SL6 2QA5
£981.8K05/230.42 mi26, Braywick Road, Maidenhead, Windsor And Maidenhead SL6 1DA5
£880K05/230.43 mi21, Castle Drive, Maidenhead, Windsor And Maidenhead SL6 6DB5
£1.4M03/230.48 mi32, College Road, Maidenhead, Windsor And Maidenhead SL6 6AT5
£870K09/210.5 mi47, Raymond Road, Maidenhead, Windsor And Maidenhead SL6 6DF5
£545K04/210.52 mi39, Norfolk Road, Maidenhead, Windsor And Maidenhead SL6 7AU5
£1.4M05/230.62 mi8, Foxborough Court, Maidenhead, Windsor And Maidenhead SL6 2PX5
£1.0M05/230.64 miFairhaven, Manor Road, Maidenhead, Windsor And Maidenhead SL6 2QG5
£850K01/210.67 mi44, Cromwell Road, Maidenhead, Windsor And Maidenhead SL6 6BJ5
£815K01/210.87 mi52, Chiltern Road, Maidenhead, Windsor And Maidenhead SL6 1XA5
£1.1M02/230.88 mi1, Cleveland Close, Maidenhead, Windsor And Maidenhead SL6 1XE5
£770K04/230.89 mi37, Oldacres, Maidenhead, Windsor And Maidenhead SL6 1XH5
£800K05/230.89 mi5, Oldacres, Maidenhead, Windsor And Maidenhead SL6 1XH5
£1.1M03/230.89 mi114, Braywick Road, Maidenhead, Windsor And Maidenhead SL6 1DJ5
£996K03/210.94 mi223, Courthouse Road, Maidenhead, Windsor And Maidenhead SL6 6HP5
£1.2M12/211.01 mi31, Ray Mill Road East, Maidenhead, Windsor And Maidenhead SL6 8SW5
£6.4M02/231.02 miThe Bethel, Fishery Road, Maidenhead, Windsor And Maidenhead SL6 1UP5
£1.8M03/231.04 miBraywick Lodge, Hibbert Road, Maidenhead, Windsor And Maidenhead SL6 1UU5
£935K07/231.04 mi29, Furze Platt Road, Maidenhead, Windsor And Maidenhead SL6 7NE5
£601K02/211.12 mi27, Stratford Gardens, Maidenhead, Windsor And Maidenhead SL6 3DT5
£900K02/211.13 miSummercroft, Gaiety Row, River Road, Taplow, Maidenhead, Buckinghamshire SL6 0BB5
£1.1M04/231.13 mi22, Twynham Road, Maidenhead, Windsor And Maidenhead SL6 5AS5
£1.1M05/231.17 miHigh Trees, Ray Mill Road East, Maidenhead, Windsor And Maidenhead SL6 8SR5
£1.1M12/211.24 miShangrila, Cox Green Lane, Maidenhead, Windsor And Maidenhead SL6 3ES5
£840K10/211.24 mi1, Lees Close, Maidenhead, Windsor And Maidenhead SL6 4NU5
£950K08/211.25 miJacobs Croft, Sheephouse Road, Maidenhead, Windsor And Maidenhead SL6 8ES5
£1.7M02/231.27 mi14, Ashton Place, Maidenhead, Windsor And Maidenhead SL6 4TA5
£780K03/231.28 mi4, Hobbis Drive, Maidenhead, Windsor And Maidenhead SL6 5AN5
£1.1M04/211.29 mi4, Beechwood Drive, Maidenhead, Windsor And Maidenhead SL6 4NE5
£2.3M12/201.3 mi29, Windsor Road, Maidenhead, Windsor And Maidenhead SL6 2EW5
£1.4M03/211.37 mi10, Willow Drive, Maidenhead, Windsor And Maidenhead SL6 2JX5
£1.1M01/211.38 miMilton House, Cannon Court Road, Maidenhead, Windsor And Maidenhead SL6 7QN5
£1.6M07/211.39 mi4, Woodfield Drive, Maidenhead, Windsor And Maidenhead SL6 4NX5
£1.3M08/211.39 mi1, Sherwood Drive, Maidenhead, Windsor And Maidenhead SL6 4NY5
£850K09/211.41 mi16, Sheephouse Road, Maidenhead, Windsor And Maidenhead SL6 8EX5
£943K06/211.41 mi1, Henden Mews, Maidenhead, Windsor And Maidenhead SL6 4GY5
£850.5K02/211.42 mi71, Cannon Court Road, Maidenhead, Windsor And Maidenhead SL6 7QP5
£1.2M06/211.44 mi9, The Chase, Maidenhead, Windsor And Maidenhead SL6 7QW5
£1.4M12/201.47 miHighgrove House, Newlands Drive, Maidenhead, Windsor And Maidenhead SL6 4LL5
£1.1M12/201.49 mi5, Clarefield Close, Maidenhead, Windsor And Maidenhead SL6 5DR5
£1.0M03/231.5 mi92, Pinkneys Road, Maidenhead, Windsor And Maidenhead SL6 5DN5
£1.3M07/211.53 mi5, The Bryher, Maidenhead, Windsor And Maidenhead SL6 4GZ5
£1.5M03/211.55 miRedfern, Lock Avenue, Maidenhead, Windsor And Maidenhead SL6 8JW5
£875K03/231.58 mi2a, Hasting Close, Bray, Maidenhead, Windsor And Maidenhead SL6 2DA5
£750K05/231.63 mi15, Lock Mead, Maidenhead, Windsor And Maidenhead SL6 8HF5
£937.5K12/201.74 miAchill House, Holyport Road, Maidenhead, Windsor And Maidenhead SL6 2EY5
£780K02/211.76 mi30, Hearne Drive, Holyport, Maidenhead, Windsor And Maidenhead SL6 2HZ5

Local Area Statistics

Population in SL6

77,343

Population in Maidenhead

77,335

Town centre distance

0.36 miles away

Nearest school

0.20 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £475,000

January 21, 2025

Floor Plans

Description

  • No Onward Chain +
  • Sizeable Rear Garden +
  • Character Property +
  • Walking Distance Of Local Amenities +
  • Five Bedrooms +
  • Walking Distance Of Train Station +
  • Currently Being Used As A HMO (Annual Rent Of £39,000 Approx.) +

KNIGHTS PROPERTY SERVICES NO ONWARD CHAIN New to the market for sale is this character town house, which is situated in the heart of Maidenhead town centre. The flexible accommodation boasts a kitchen, dining room, two shower rooms, reception room/bedroom and a further four good-size bedrooms. An additional feature to note is the spacious rear garden. It is currently being used as a HMO with an annual rent of approximately £39,000 with the opportunity to increase some of the rents. However this can easily be converted back to a family home.
The home, which is being sold with no onward chain, is also ideally situated for easy access to London via the M4. Maidenhead shopping centre is within a short walk and boasts a wide variety of shops and leisure facilities as well as a cinema. Maidenhead train station is within walking distance with direct links to London.

Entrance Hallway - Enter via front door, cupboard, stairs leading to the first floor and stairs leading to the lower ground floor. Laminate flooring.

Reception Room/Bedroom Three - 3.58m x 3.48m (11'9 x 11'5) - Feature fireplace and carpet flooring.

Bedroom Four - 3.53m x 2.92m (11'7 x 9'7) - Feature fireplace and carpet flooring.

Shower Room - Shower cubicle, wash hand basin and low level WC.

Shower Room - Shower cubicle, wash hand basin and low level WC.

Lower Ground Floor - Bedroom Two - 4.57m x 3.38m (15'0 x 11'1) - Front aspect and carpet flooring.

Dining Room - 4.45m x 3.30m (14'7 x 10'10 ) - Understairs storage, tiled flooring and door leading to the rear garden.

Kitchen - 3.48m x 2.69m (11'5 x 8'10) - Range of base and eye level units, sink, rangemaster cooker with extractor fan, washing machine, tumble dryer and dishwasher. Partly tiled walls and tiled flooring.

First Floor Landing - Carpet flooring.

Bedroom One - 4.62m x 3.48m (15'2 x 11'5) - Front aspect and carpet flooring.

Bedroom Five - 3.53m x 2.87m (11'7 x 9'5) - Rear aspect and carpet flooring.

To The Rear - Mainly laid to lawn with patio area and shed.

Council Tax - Band C.

Agent Details

Knights Property Services, Camberley

01276 740115

Next Steps?

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