3 Bed Detached House, Cash/Bridging Only, Maidenhead, SL6 7HP, £375,000

Cookham Road, Maidenhead, Berkshire, SL6 7HP - 10 views - 3 months ago

Cash
ROI: 3%
~93 m²
+1 photos

ValuationFair Value

Sold Prices£340K - £940K
Sold Prices/m²£3.7K/m² - £6.4K/m²

 

 

Square Metres

~93 m²
Price/m²£4K/m²

Value Estimate

£378,750

 

 

End Value (After Refurb)

£430,372

Uplift in Value

+15%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£18,700

Refurb Costs

£44,800

Bridging Loan Interest

£9,844

Total Cash In

£168,844

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£430,372

Mortgage (After Refinance)

£322,779

Mortgage LTV

75%

Cash Released

£41,529

Cash Left In

£127,314

Equity

£107,593

Rent Range

£1,650 - £4,875

Rent Estimate

£2,171

Running Costs/mo

£1,799

Cashflow/mo

£372

Cashflow/yr

£4,463

ROI

3%

Gross Yield

7%

Local Sold Prices

50 sold prices from £340K to £940K, average is £500K. £3.7K/m² to £6.4K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£400K04/230.03 mi12, Pearce Road, Maidenhead, Windsor And Maidenhead SL6 7LF3
£418K02/230.03 mi21, Pearce Road, Maidenhead, Windsor And Maidenhead SL6 7LF3
£450K01/230.17 mi94, Ellington Park, Maidenhead, Windsor And Maidenhead SL6 7LJ3
£585K03/210.19 mi12, Barn Close, Maidenhead, Windsor And Maidenhead SL6 7HD3
£405K06/210.2 mi9, Sandringham Road, Maidenhead, Windsor And Maidenhead SL6 7PL3
£430K07/210.21 mi13, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7EY3
£660K03/210.22 mi51, Harrow Lane, Maidenhead, Windsor And Maidenhead SL6 7PB3
£355K12/200.22 mi9, Moffy Hill, Maidenhead, Windsor And Maidenhead SL6 7SL3
£450K03/230.25 mi34, Green Leys, Maidenhead, Windsor And Maidenhead SL6 7EZ3
£530K06/210.27 mi150, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HE3
£365K03/210.29 mi90, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HE3
£390K12/200.29 mi98, Aldebury Road, Maidenhead, Windsor And Maidenhead SL6 7HE3
£940K06/230.29 mi66, Bridle Road, Maidenhead, Windsor And Maidenhead SL6 7RP3
£564.8K02/210.3 mi100, Bridle Road, Maidenhead, Windsor And Maidenhead SL6 7RT3
£735K05/230.34 mi1, Calder Close, Maidenhead, Windsor And Maidenhead SL6 7RS3
£428K06/210.34 mi3, Westmead, Maidenhead, Windsor And Maidenhead SL6 7HQ3
£460K12/210.34 mi11, Whurley Way, Maidenhead, Windsor And Maidenhead SL6 7SU3
£500K11/210.35 mi9, Whurley Way, Maidenhead, Windsor And Maidenhead SL6 7SU3
£340K06/210.37 mi16, Gardner Road, Maidenhead, Windsor And Maidenhead SL6 7PP3
£470K05/230.38 mi40, Osney Road, Maidenhead, Windsor And Maidenhead SL6 7UQ3
£500K07/210.39 mi24a, Malvern Road, Maidenhead, Windsor And Maidenhead SL6 7RH3
£515K06/210.4 mi11, Grafton Close, Maidenhead, Windsor And Maidenhead SL6 7UG3
£405K11/200.4 mi18, Grafton Close, Maidenhead, Windsor And Maidenhead SL6 7UG3
£370K06/230.41 mi32, Hambleden Walk, Maidenhead, Windsor And Maidenhead SL6 7UH3
£535K01/210.42 mi4b, Malvern Road, Maidenhead, Windsor And Maidenhead SL6 7RH3
£575K10/210.43 mi58, St Lukes Road, Maidenhead, Windsor And Maidenhead SL6 7DP3
£525K06/210.43 mi14, Vicarage Road, Maidenhead, Windsor And Maidenhead SL6 7DS3
£502K01/230.43 mi45, St Lukes Road, Maidenhead, Windsor And Maidenhead SL6 7DN3
£855K06/210.46 mi1, Mossy Vale, Maidenhead, Windsor And Maidenhead SL6 7RX3
£425K10/210.49 mi4, Switchback Road North, Maidenhead, Windsor And Maidenhead SL6 7UE3
£525K06/210.49 mi16, Switchback Road North, Maidenhead, Windsor And Maidenhead SL6 7UE3
£435K06/230.53 mi126, Blackamoor Lane, Maidenhead, Windsor And Maidenhead SL6 8RL3
£585K02/210.53 mi1, Ray Mill Road East, Maidenhead, Windsor And Maidenhead SL6 8SW3
£545K03/210.54 mi39, Switchback Road South, Maidenhead, Windsor And Maidenhead SL6 7QF3
£417.5K12/200.55 mi56, Furze Platt Road, Maidenhead, Windsor And Maidenhead SL6 7NJ3
£585K05/210.57 mi238, Courthouse Road, Maidenhead, Windsor And Maidenhead SL6 6HE3
£680K04/230.57 mi242, Courthouse Road, Maidenhead, Windsor And Maidenhead SL6 6HE3
£355K12/200.6 mi55, Holmanleaze, Maidenhead, Windsor And Maidenhead SL6 8AW3
£497.5K02/230.66 mi41, Cannon Court Road, Maidenhead, Windsor And Maidenhead SL6 7QP3
£695K03/210.7 mi41, Derwent Drive, Maidenhead, Windsor And Maidenhead SL6 6LE3
£615K03/210.71 mi14, Prince Andrew Road, Maidenhead, Windsor And Maidenhead SL6 8QJ3
£525K01/210.71 mi6, Pintail Way, Maidenhead, Windsor And Maidenhead SL6 8FT3
£450K11/200.72 mi1, College Glen, Maidenhead, Windsor And Maidenhead SL6 6BL3
£550K12/200.73 mi37, Belmont Crescent, Maidenhead, Windsor And Maidenhead SL6 6LS3
£500K12/200.74 mi11, Belmont Vale, Maidenhead, Windsor And Maidenhead SL6 6BQ3
£520K06/210.75 mi50, Simpson Close, Maidenhead, Windsor And Maidenhead SL6 8RZ3
£472K03/210.75 mi50, College Glen, Maidenhead, Windsor And Maidenhead SL6 6BL3
£465K11/200.75 mi5, Moorfield Terrace, Maidenhead, Windsor And Maidenhead SL6 8RB3
£540K01/210.75 mi17, Belmont Vale, Maidenhead, Windsor And Maidenhead SL6 6BQ3
£456.3K04/230.78 mi4, Castle Court, Maidenhead, Windsor And Maidenhead SL6 6DD3

Local Rents

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

RentDateDistanceAddressBeds 
£1,80012/240.05 mi-3
£1,80002/240.16 mi-3
£1,85002/240.16 mi-3
£1,70012/240.16 mi-3
£2,00004/250.19 mi-3
£2,00004/250.19 mi-3
£1,99908/240.22 miDalby Gardens3
£1,82508/240.22 mi-3
£1,99508/240.23 miDalby Gardens, Maidenhead, SL63
£2,00012/240.25 mi-3
£2,05003/250.34 mi-3
£1,85008/240.34 miRay Mill Road West, Maidenhead, Berkshire, SL63
£1,90012/240.36 mi-3
£2,25012/240.38 miHorsley Road, Maidenhead, Berkshire, SL63
£4,87502/250.4 mi-3
£4,87504/250.4 mi-3
£1,95002/250.47 mi-3
£1,95012/240.47 mi-3
£2,60012/240.51 miSummerleaze Road, Maidenhead, SL63
£2,00008/240.52 miSwitchback Road South, MAIDENHEAD3
£2,00001/250.53 mi-3
£1,65002/240.53 mi-3
£1,95002/250.54 mi-3
£2,80008/240.58 miHungerford Drive, Maidenhead, Berkshire, SL63
£2,20002/250.59 mi-3
£2,00002/250.6 mi-3
£2,20001/250.6 mi-3
£2,50001/250.61 mi-3
£2,10002/240.61 mi-3

Local Area Statistics

Population in SL6

77,343

Population in Maidenhead

77,335

Town centre distance

1.06 miles away

Nearest school

0.10 miles away

Nearest train station

0.17 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-2%

Sales demand

Balanced market

Capital growth (5yrs)

+9%

Property History

Listed for £375,000

January 25, 2025

Floor Plans

Description

  • Cash buyers only +
  • Development / refurbishment opportunity +
  • Three bedrooms +
  • Three bathrooms +
  • Front and rear gardens +
  • Extensive parking +
  • Walking distance to the town centre +
  • Pre-pay energy meters +
  • Close to local amenities +
  • Council Tax Band E - £2042.81 for 24/25 +

Cash buyers only.

Development / refurbishment opportunity.

A rarely available three bedroom detached house with extensive parking. Two bedrooms with en-suite and a further shower room. Sitting room, dining room and kitchen. Front and rear gardens. NO ONWARD CHAIN

To organise an inspection please EMAIL through this portal together with proof of funds.

Agent Details

Robinson Residential Sales and Lettings, Maidenhead

01628 563528

Next Steps?

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