2 Bed Flat, Single Let, Slough, SL3 7SL, £270,000

242 Reddington Drive, Langley, Berkshire, SL3 7SL - 15 days ago

Leasehold
BTL
ROI: 1%
60 m²
+7 photos

ValuationOvervalued

Sold Prices£152.5K - £312K
Sold Prices/m²£3.2K/m² - £5.4K/m²

 

 

Square Metres

60 m²
Price/m²£4.5K/m²

Value Estimate

£245,455

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£67,500

Stamp Duty & Legal Fees

£15,700

Total Cash In

£83,200

 

 

Cash Out

 

Rent Range

£100 - £3,250

Rent Estimate

£1,138

Running Costs/mo

£1,091

Cashflow/mo

£47

Cashflow/yr

£560

ROI

1%

Gross Yield

5%

Local Sold Prices

35 sold prices from £152.5K to £312K, average is £260K. £3.2K/m² to £5.4K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£288K10/230 mi222, Reddington Drive, Slough SL3 7SL2
£250K03/230.23 mi189, Upton Court Road, Slough SL3 7LN2
£225K01/210.32 mi16, Darrell Close, Slough SL3 7QN2
£243K11/200.32 mi13, Darrell Close, Slough SL3 7QN2
£265K03/210.4 mi46, Tobermory Close, Slough SL3 7JG2
£270K09/230.4 mi41, Tobermory Close, Slough SL3 7JG2
£260K08/210.43 mi59, Hurworth Avenue, Slough SL3 7FE2
£260K08/210.43 mi59, Hurworth Avenue, Slough SL3 7FE2
£265K09/200.43 mi33, Hurworth Avenue, Slough SL3 7FE2
£260K10/220.47 mi20, Barchester Road, Slough SL3 7HA2
£235K09/200.47 mi28, Barchester Road, Slough SL3 7HA2
£250K09/210.48 mi16, Barchester Road, Slough SL3 7HA2
£285K05/210.49 mi141, Hurworth Avenue, Slough SL3 7FG2
£245K01/230.5 mi112, Minster Way, Slough SL3 7EX2
£285K05/210.5 mi141, Hurworth Avenue, Slough SL3 7FG2
£305K02/230.5 mi11, Newton Close, Langley, Slough SL3 8DD2
£295K10/210.5 mi3, Newton Close, Slough SL3 8DD2
£312K11/220.5 mi15, Newton Close, Langley, Slough SL3 8DD2
£223K09/200.5 mi47, Minster Way, Slough SL3 7EY2
£230K11/220.54 mi19, Maryside, Slough SL3 7ES2
£274K10/200.56 mi26, Chadwick Road, Slough SL3 7FU2
£267.5K04/210.56 mi20, Chadwick Road, Slough SL3 7FU2
£280K02/210.56 mi108, Chadwick Road, Slough SL3 7FU2
£252.5K06/210.67 mi4, Gilbert Way, Slough SL3 7GR2
£282K10/230.72 mi26, Scholars Walk, Langley, Slough SL3 8LY2
£240K09/230.74 mi5, Tracy Avenue, Slough SL3 7GN2
£225K07/230.75 mi15, Tithe Court, Slough SL3 8AS2
£243.5K01/210.75 mi2, Wylands Road, Slough SL3 8JT2
£282K10/220.75 mi16, Wylands Road, Slough SL3 8JT2
£272K04/230.76 mi98, Scholars Walk, Langley, Slough SL3 8LZ2
£152.5K04/230.85 mi287, Rochfords Gardens, Slough SL2 5XH2
£240K08/230.91 mi3, Sir Robert Mews, Slough SL3 8ND2
£250K05/230.92 mi44, Grampian Way, Slough SL3 8UG2
£230K04/230.92 mi32, Grampian Way, Slough SL3 8UG2
£255K05/211 mi30, Clifton Road, Slough SL1 1SP2

Local Rents

47 rents from £100/mo to £3.3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,75011/240.08 mi-2
£1,75011/240.08 mi-2
£1,65009/240.08 mi-2
£1,65008/240.1 miLangley 2
£2,50001/250.1 mi-2
£1,60011/240.18 mi-2
£1,60009/240.18 miRandolph Road, Slough, SL32
£1,65003/250.23 mi-2
£1,55002/240.25 mi-2
£1,57502/250.26 mi-2
£1,70008/240.35 miSlough, Berkshire, SL32
£1,70009/240.39 miLondon Road, Slough, SL32
£1,50008/240.4 miTobermory Close, Langley - 2 bed, 2 Bath Ground Floor Apartment 2
£1,70008/240.41 mi-2
£1,65003/250.42 mi-2
£1,70009/240.42 miHurworth Avenue, Slough, SL32
£1,70009/240.42 miHurworth Avenue, Slough, SL32
£1,70011/240.42 mi-2
£1,80008/240.42 miSlough, Berkshire, SL32
£1,70010/240.43 mi-2
£1,70002/250.43 mi-2
£1,50001/250.43 mi-2
£1,85002/250.44 mi-2
£95009/240.44 mi-2
£1,85003/250.47 mi-2
£1,65002/250.47 mi-2
£1,30010/240.49 mi-2
£1,20003/250.49 mi-2
£1,65008/240.5 mi-2
£1,83502/250.5 mi-2
£1,80009/240.51 miSpencer Road, Langley, SL32
£1,75009/240.51 miSpencer Road, Langley, SL32
£1,75009/240.51 mi-2
£1,70002/250.52 mi-2
£1,40009/240.52 miHurworth Avenue, Langley, Slough2
£1,55009/240.54 mi-2
£1,50009/240.55 miKimberley Close, Langley, SL32
£1,80008/240.56 miKenyon Way, Langley2
£1,60001/250.57 mi-2
£1,50008/240.57 miChadwick Road, Langley, SL32
£3,25003/250.57 mi-2
£1,55002/250.57 mi-2
£2,99503/250.57 mi-2
£1,40009/240.57 miChadwick Road, Slough2
£1,79511/240.59 mi-2
£10011/240.6 mi-2
£1,75009/240.6 mi-2

Local Area Statistics

Population in SL3

45,182

Population in Slough

168,514

Town centre distance

1.79 miles away

Nearest school

0.20 miles away

Nearest train station

0.89 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-46%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £270,000

February 28, 2025

Floor Plans

Description

  • Two bedroom 2nd floor apartment +
  • One bathroom +
  • Good condition +
  • Convenient for poplar junior and grammar schools +
  • Close to amenities, including Langley train station with its Elizabeth line +

The Frost Partnership are proud to bring to the market this two-bedroom one bathroom apartment. The two bedrooms are a good size with double glazed windows, both bedrooms enjoy fitted wardrobes.
From the hallway: Main reception which consists of doubled glazed door leading onto the balcony, which enjoys views over the park. The fitted kitchen has ample storage units, stainless steel sink, space for free standing appliances.
The main family bathroom consists of a three-piece white suite, tiled walls. Outside there are communal gardens.

Two bedroom 2nd floor apartment, one bathroom, good condition, convenient for poplar junior and grammar schools, close to amenities, including Langley train station with its Elizabeth line EER: C Council Tax Band: C

Agent Details

The Frost Partnership, Langley

01753 303736

Next Steps?

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