2 Bed Flat, Single Let, Slough, SL1 6JB, £250,000

21-23 Suffolk Close, Cippenham, Berkshire, SL1 6JB - 25 days ago

Leasehold
BTL
ROI: 5%
48 m²
+3 photos

ValuationOvervalued

Sold Prices£100K - £315K
Sold Prices/m²£2.3K/m² - £5.4K/m²

 

 

Square Metres

48.20 m²
Price/m²£5.2K/m²

Value Estimate

£197,247

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£8,700

Total Cash In

£71,200

 

 

Cash Out

 

Rent Range

£1,350 - £1,750

Rent Estimate

£1,353

Running Costs/mo

£1,072

Cashflow/mo

£281

Cashflow/yr

£3,374

ROI

5%

Gross Yield

6%

Local Sold Prices

41 sold prices from £100K to £315K, average is £240K. £2.3K/m² to £5.4K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£207K05/230.2 mi33, Sandringham Court, Slough SL1 6JU2
£235K03/230.2 mi3, Sandringham Court, Slough SL1 6JU2
£245K12/220.2 miFlat 2, Compton Court, Brook Crescent, Slough SL1 6LL2
£190K07/210.26 mi214, Littlebrook Avenue, Slough SL2 2PF2
£215K07/210.26 mi210, Littlebrook Avenue, Slough SL2 2PF2
£200K02/210.26 mi206, Littlebrook Avenue, Slough SL2 2PF2
£210K04/230.26 mi260, Littlebrook Avenue, Slough SL2 2PF2
£260K03/210.27 miFlat 8, Oliver Court, Patricia Close, Slough SL1 5HE2
£236K05/230.31 mi332, Walpole Road, Slough SL1 6PP2
£220K02/230.31 mi362, Walpole Road, Slough SL1 6PP2
£193K11/200.33 mi88, Lowestoft Drive, Slough SL1 6PE2
£230K05/210.36 mi164, Lowestoft Drive, Slough SL1 6PD2
£265K07/230.37 mi27, Hogarth Close, Slough SL1 5JD2
£230K09/200.4 mi148, Littlebrook Avenue, Slough SL2 2NE2
£234K06/210.4 mi142a, Littlebrook Avenue, Slough SL2 2NE2
£250K12/200.4 mi23, Littlebrook Avenue, Slough SL2 2NW2
£239.9K10/210.4 mi11, Littlebrook Avenue, Slough SL2 2NW2
£310K06/210.47 mi5, Eaton Avenue, Slough SL1 6EZ2
£275K06/230.47 mi29, Eaton Avenue, Slough SL1 6EZ2
£268K03/210.53 mi62, Windermere Way, Slough SL1 6EL2
£255K10/200.55 mi120, Derwent Drive, Slough SL1 6HW2
£210K06/210.57 miFlat 2, Oppidan, Huntercombe Lane North, Taplow, Maidenhead, Slough SL6 0LW2
£280K10/210.59 mi9, Derwent Drive, Slough SL1 6HT2
£100K08/210.59 mi32, Ridgebank, Slough SL1 5BL2
£261K09/200.63 mi14, Coniston Crescent, Slough SL1 6EE2
£265K07/210.63 mi25, Coniston Crescent, Slough SL1 6EE2
£300K07/230.65 mi53, Derwent Drive, Slough SL1 6HS2
£290.1K12/220.66 mi42a, Huntercombe Lane North, Slough SL1 6DY2
£195K01/210.66 mi2, Boarlands Close, Slough SL1 5DD2
£276K10/200.67 mi22, Thirlmere Avenue, Slough SL1 6ED2
£260K10/200.68 mi76, Thirlmere Avenue, Slough SL1 6ED2
£260K08/210.69 mi79, Thirlmere Avenue, Slough SL1 6EB2
£245K03/210.69 mi87, Thirlmere Avenue, Slough SL1 6EB2
£245K02/230.69 mi63, Thirlmere Avenue, Slough SL1 6EB2
£210K05/210.72 miFlat 13, Hunter Court, Huntercombe Lane North, Slough SL1 6DS2
£225K02/230.72 miFlat 24, Hunter Court, Huntercombe Lane North, Slough SL1 6DS2
£210K02/210.76 mi60, Lovegrove Drive, Slough SL2 2LS2
£285K10/200.76 mi10b, Southfield Gardens, Burnham, Slough, Buckinghamshire SL1 7NE2
£200K04/230.78 mi16, Cobham Close, Slough SL1 5EL2
£315K10/200.96 miFlat 24, Penn House, Jennery Lane, Burnham, Slough, Buckinghamshire SL1 8BN2
£240K01/230.99 mi3, Coalmans Way, Burnham, Slough, Buckinghamshire SL1 7NU2

Local Rents

39 rents from £1.4K/mo to £1.8K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,35009/240.01 miSuffolk Close, Burnham2
£1,50008/240.06 miHolyhead Mews, Slough, Berkshire, SL12
£1,50008/240.06 miHolyhead Mews, Slough, Berkshire, SL12
£1,50009/240.06 miHolyhead Mews, Slough, Berkshire, SL12
£1,40008/240.06 miHolyhead Mews, Slough, Berkshire, SL12
£1,70009/240.06 miHolyhead Mews, Slough, SL12
£1,45010/240.06 mi-2
£1,65009/240.09 miBath Road, Slough, SL12
£1,65008/240.11 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,65008/240.11 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,70008/240.11 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,65008/240.11 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,67508/240.11 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,70008/240.11 miHartford Point, 426-430 Bath Road, Nr. Burnham , Slough, Berks, SL12
£1,70008/240.12 miHartford Point, 426-430 Bath Road, Nr Burnham ,Slough, Berks, SL12
£1,67508/240.12 miHartford Point, 426-430 Bath Road, Nr Burnham ,Slough, Berks, SL12
£1,75008/240.13 mi426-430 Bath Road, Nr. Burnham, Berks, SL12
£1,75008/240.13 mi426-430 Bath Road, Nr. Burnham, Berks, SL12
£1,75009/240.13 miHartford Point, 426-430 Bath Road, Nr. Burnham, Berks, SL12
£1,55008/240.17 mi-2
£1,37502/250.21 mi-2
£1,35001/250.21 mi-2
£1,45003/250.24 mi-2
£1,39512/240.25 mi-2
£1,65010/240.29 mi-2
£1,42509/240.35 miLowestoft Drive, Slough2
£1,42509/240.35 miLowestoft Drive, Slough2
£1,49012/240.36 mi-2
£1,65012/240.37 mi-2
£1,37502/250.37 mi-2
£1,40009/240.4 miLittlebrook Avenue, Slough2
£1,49509/240.42 miBosworth Court2
£1,50009/240.42 miBosworth Court, Slough2
£1,60009/240.47 miEaton Avenue, Slough, SL12
£1,75010/240.47 miEaton Avenue Slough SL12
£1,50008/240.47 miBower Way, Slough, SL12
£1,55003/250.48 mi-2
£1,50012/240.57 miMaidenhead, Null, SL62
£1,50012/240.58 mi-2

Local Area Statistics

Population in SL1

70,234

Population in Slough

168,514

Town centre distance

2.26 miles away

Nearest school

0.20 miles away

Nearest train station

0.19 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £250,000

February 19, 2025

Floor Plans

Description

  • First floor flat +
  • Two bedrooms +
  • Two bathrooms +
  • 17ft living room +
  • Close to the station +
  • No further chain +

A lovely light filled two bedroom, two bathroom first floor flat found in a great location just a short walk from Burnham station and offered to the market with no further chain making it ideal for first time buyers and investors alike.

A well-presented, light filled two bedroom first floor flat found in a cul-de-sac location and offered to the market with the added benefit of having no further chain making and being just a short distance from the Burnham train station making it ideal for first time buyers as well as the savvy investor. Enjoying spacious accommodation that stretches over 660 sq ft, the property briefly consists of entrance hallway, a 17ft living room with bay window that leads onto the fitted kitchen, there are two bedrooms, master with en-suite shower room as well as the three piece bathroom suite. Externally there is permit parking for one car and there are well tended communal grounds.

Agent Details

The Frost Partnership, Burnham

01628 965776

Next Steps?

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