2 Bed Flat, Single Let, Slough, SL1 3SX, £180,000

58 Windmill Road, Slough SL1 3SX - 1 views - 25 days ago

Auction

BTL

ROI: 12%

61 m²

+7 photos

ValuationUndervalued

Sold Prices	£110K - £480K
Sold Prices/m²	£1.7K/m² - £4.6K/m²

Square Metres	61 m²
Price/m²	£3K/m²
Value Estimate	£207,190£207,190
BMV	15%

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£45,000£45,000
Stamp Duty & Legal Fees	£6,600£6,600
Total Cash In	£51,600£51,600

Cash Out
Rent Range	£1,175 - £2,900£1,175 - £2,900
Rent Estimate	£1,350
Running Costs/mo	£853£853
Cashflow/mo	£498£498
Cashflow/yr	£5,970£5,970
ROI	12%12%
Gross Yield	9%9%

Local Sold Prices

34 sold prices from £110K to £480K, average is £224K. £1.7K/m² to £4.6K/m², average is £3.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£270K	06/21	0.01 mi	57, Windmill Road, Slough SL1 3SX	-	-	2	Flat
£112.5K	06/21	0.06 mi	140, Windmill Road, Slough SL1 3SW	£1,815	62	2	Flat
£110K	10/20	0.28 mi	75, Blair Road, Slough SL1 3ST	£1,746	63	2	Flat
£237.5K	09/21	0.28 mi	30, Tuns Lane, Slough SL1 2XD	£3,958	60	2	Flat
£227K	04/23	0.29 mi	34, Pickfords Gardens, Slough SL1 3GE	£3,685	62	2	Flat
£230K	03/23	0.29 mi	19, Pickfords Gardens, Slough SL1 3GE	£3,710	62	2	Flat
£202K	11/20	0.35 mi	50, Thirkleby Close, Slough SL1 3XF	£4,391	46	2	Flat
£180K	08/21	0.38 mi	Flat 7, Centrika, Bath Road, Slough SL1 3SL	-	-	2	Flat
£195K	07/23	0.39 mi	79, Gatewick Close, Slough SL1 3SE	£3,421	57	2	Flat
£245K	02/21	0.4 mi	8, Adelphi Gardens, Slough SL1 2RG	£4,537	54	2	Flat
£232.5K	06/21	0.57 mi	9, Beechwood Gardens, Slough SL1 2HW	£3,577	65	2	Flat
£136.8K	11/20	0.57 mi	19a, Alexandra Road, Slough SL1 2NQ	£2,358	58	2	Flat
£197K	02/21	0.59 mi	128, Farnham Road, Slough SL1 4XA	£3,397	58	2	Flat
£140K	06/21	0.59 mi	21, Chalvey Gardens, Slough SL1 2LW	£3,043	46	2	Flat
£223K	10/21	0.62 mi	151, Weekes Drive, Slough SL1 2YW	£3,055	73	2	Flat
£237.5K	09/21	0.66 mi	105, Aspects Court, Slough SL1 2EZ	£3,695	64	2	Flat
£215K	04/23	0.68 mi	210, Weekes Drive, Slough SL1 2YR	£2,986	72	2	Flat
£235K	03/23	0.68 mi	174, Weekes Drive, Slough SL1 2YR	£3,219	73	2	Flat
£220K	06/21	0.69 mi	113, Weekes Drive, Slough SL1 2YN	£3,013	73	2	Flat
£195K	10/20	0.69 mi	101, Weekes Drive, Slough SL1 2YN	£2,635	74	2	Flat
£218K	12/20	0.69 mi	87, Weekes Drive, Slough SL1 2YN	£2,946	74	2	Flat
£253K	05/23	0.69 mi	35, School Lane, Slough SL2 5BU	-	-	2	Flat
£290K	03/21	0.7 mi	136, Windsor Road, Slough SL1 2JA	£4,603	63	2	Flat
£235K	06/23	0.78 mi	184, Windsor Road, Slough SL1 2JD	£4,341	54	2	Flat
£225K	02/23	0.8 mi	81, Blair Road, Slough SL1 3ST	£3,214	70	2	Flat
£211K	06/23	0.82 mi	30, Rutland Avenue, Slough SL1 3AL	£3,702	57	2	Flat
£120K	10/20	0.82 mi	Flat 26, Foundry Court, Mill Street, Slough SL2 5FY	-	-	2	Flat
£235K	07/23	0.82 mi	Flat 19, Foundry Court, Mill Street, Slough SL2 5FY	£4,123	57	2	Flat
£480K	10/20	0.82 mi	6, Arborfield Close, Slough SL1 2JW	£3,556	135	2	Flat
£245K	10/20	0.83 mi	28, Winvale, Slough SL1 2JH	£3,141	78	2	Flat
£240K	11/20	0.83 mi	50, Winvale, Slough SL1 2JH	£3,077	78	2	Flat
£185K	09/21	0.84 mi	37a, Montrose Avenue, Slough SL1 4TN	-	-	2	Flat
£270K	12/20	0.89 mi	Flat 17, Richard Dodd Place, Osborne Street, Slough SL1 1PP	-	-	2	Flat
£195K	03/23	0.89 mi	Flat 19, Fieldview Court, Farnburn Avenue, Slough SL1 4XZ	-	-	2	Flat

Local Rents

49 rents from £1.2K/mo to £2.9K/mo, average is £1.6K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,400	09/24	0 mi	Windmill Road, Slough, SL1	2	Flat
£1,600	10/23	0.01 mi	Windmill Road, Slough	2	Flat
£1,350	08/24	0.05 mi	Windmill Road, Slough	2	Flat
£2,400	08/24	0.06 mi	-	2	Flat
£2,000	10/24	0.06 mi	-	2	Flat
£1,400	03/25	0.08 mi	-	2	Flat
£1,650	02/25	0.09 mi	-	2	Flat
£1,550	02/25	0.09 mi	-	2	Flat
£1,650	01/25	0.13 mi	-	2	Flat
£1,450	09/24	0.14 mi	Central Slough	2	Flat
£1,175	09/24	0.19 mi	Lombard Buildings, Farnham Road	2	Flat
£1,500	03/25	0.19 mi	-	2	Flat
£1,600	08/24	0.19 mi	Quadrivium Point, Tuns Lane, Slough, SL1	2	Flat
£1,500	09/24	0.19 mi	-	2	Flat
£1,500	09/24	0.21 mi	Pickfords Gardens, Slough, Berkshire, SL1	2	Flat
£1,500	08/24	0.21 mi	-	2	Flat
£2,850	01/25	0.24 mi	-	2	Flat
£2,850	01/25	0.24 mi	-	2	Flat
£1,475	08/24	0.24 mi	Pickford Gardens	2	Flat
£1,550	08/24	0.25 mi	Pickfords Gardens, SLOUGH	2	Flat
£1,850	03/25	0.27 mi	-	2	Flat
£1,800	08/24	0.28 mi	Park House Apartments, Slough	2	Flat
£1,600	08/24	0.29 mi	-	2	Flat
£1,750	02/25	0.29 mi	-	2	Flat
£1,650	08/24	0.31 mi	Chesterfield House, Slough	2	Flat
£1,475	08/24	0.31 mi	Chesterfield House, Slough	2	Flat
£1,650	08/24	0.31 mi	Chesterfield House, Slough	2	Flat
£1,600	08/24	0.31 mi	Chesterfield House, Slough	2	Flat
£1,675	09/24	0.31 mi	Chesterfield House, Bath Road, Slough, SL1	2	Flat
£1,600	09/24	0.31 mi	Chesterfield House, Slough	2	Flat
£1,450	09/24	0.31 mi	Chesterfield House, Bath Road, Slough, SL1	2	Flat
£1,600	09/24	0.31 mi	Chesterfield House, Bath Road, Slough, SL1	2	Flat
£1,425	09/24	0.31 mi	Chesterfield House, Slough	2	Flat
£1,550	09/24	0.31 mi	Chesterfield House, Bath Road, Slough, SL1	2	Flat
£1,740	09/24	0.31 mi	Chesterfield House, Bath Road, Slough, SL1	2	Flat
£1,650	09/24	0.31 mi	Chesterfield House, Slough	2	Flat
£1,550	01/25	0.33 mi	-	2	Flat
£1,300	01/25	0.33 mi	-	2	Flat
£1,900	09/24	0.34 mi	Aquifer House, Horlick Quarter, Slough SL1	2	Flat
£1,517	08/24	0.34 mi	The Factory, Memorial Avenue, Slough	2	Flat
£1,799	08/24	0.35 mi	-	2	House
£2,900	11/24	0.35 mi	-	2	Flat
£1,450	08/24	0.35 mi	Redwood Gardens, Slough	2	Terraced House
£1,450	09/24	0.35 mi	Thirkleby Ave, Slough	2	Flat
£1,900	01/25	0.35 mi	-	2	Flat
£1,850	09/24	0.35 mi	Memorial Avenue, Slough	2	Flat
£1,950	09/24	0.35 mi	Memorial Avenue, Slough	2	Flat
£1,350	02/25	0.36 mi	-	2	Flat
£1,450	09/24	0.37 mi	Worcester Gardens, Slough, Berkshire	2	Flat

Local Area Statistics

Population in SL1	70,23470,234
Population in Slough	168,514168,514
Town centre distance	0.62 miles away0.62 miles away
Nearest school	0.40 miles away0.40 miles away
Nearest train station	0.71 miles away0.71 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	-26%-26%
Sales demand	Balanced marketBalanced market
Capital growth (5yrs)	+17%+17%

Property History

Listed for £180,000

February 18, 2025

Floor Plans

Description

Central location +
Two bedrooms +
Underground parking +
Auction opportunity +
Guide price: £180,000 +
For sale by online auction +
Unless previously sold or withdrawn prior +
Tuesday 11th March, 2025 +

FOR SALE BY ONLINE AUCTION ON 11TH MARCH 2025
TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE First floor two bedroom flat towards the centre of Slough The property presents an excellent opportunity for owner occupiers and investors alike.

Situated on the first floor of the residential block the property provides two bedrooms and benefits from underground parking.

The property is located in a predominantly residential area, in walking distance to Salt Hill Park and a range of local amenities. First floor Two bedrooms
Living room
Bathroom
Kitchen
Viewings Viewings are being arranged and the next ones are Thursday 27th February and Saturday 8th March. Please call to book an appointment. Tenure: See Legal Pack EPC Rating: B Administration Fee: 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts. Buyer's Premium Fee: £1300 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Agent Details

Auction House, East Anglia

01603 361653

Next Steps?

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

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