2 Bed Flat, Single Let, Slough, SL1 3XJ, £250,000

Kingsmead House, Thirkleby Close, Slough, SL1 3XJ - 14 days ago

Leasehold

BTL

ROI: 4%

~68 m²

+9 photos

ValuationOvervalued

Sold Prices	£100K - £290K
Sold Prices/m²	£1.7K/m² - £4.6K/m²

Square Metres	~68.11 m²
Price/m²	£3.7K/m²
Value Estimate	£233,011£233,011

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£62,500£62,500
Stamp Duty & Legal Fees	£13,700£13,700
Total Cash In	£76,200£76,200

Cash Out
Rent Range	£1,175 - £3,600£1,175 - £3,600
Rent Estimate	£1,350
Running Costs/mo	£1,071£1,071
Cashflow/mo	£279£279
Cashflow/yr	£3,345£3,345
ROI	4%4%
Gross Yield	6%6%

Local Sold Prices

29 sold prices from £100K to £290K, average is £211K. £1.7K/m² to £4.6K/m², average is £3.4K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£202K	11/20	0.03 mi	50, Thirkleby Close, Slough SL1 3XF	£4,391	46	2	Flat
£237.5K	09/21	0.26 mi	30, Tuns Lane, Slough SL1 2XD	£3,958	60	2	Flat
£112.5K	06/21	0.31 mi	140, Windmill Road, Slough SL1 3SW	£1,815	62	2	Flat
£223K	10/21	0.35 mi	151, Weekes Drive, Slough SL1 2YW	£3,055	73	2	Flat
£270K	06/21	0.36 mi	57, Windmill Road, Slough SL1 3SX	-	-	2	Flat
£220K	06/21	0.37 mi	113, Weekes Drive, Slough SL1 2YN	£3,013	73	2	Flat
£195K	10/20	0.37 mi	101, Weekes Drive, Slough SL1 2YN	£2,635	74	2	Flat
£218K	12/20	0.37 mi	87, Weekes Drive, Slough SL1 2YN	£2,946	74	2	Flat
£215K	04/23	0.38 mi	210, Weekes Drive, Slough SL1 2YR	£2,986	72	2	Flat
£235K	03/23	0.38 mi	174, Weekes Drive, Slough SL1 2YR	£3,219	73	2	Flat
£197K	02/21	0.51 mi	128, Farnham Road, Slough SL1 4XA	£3,397	58	2	Flat
£110K	10/20	0.62 mi	75, Blair Road, Slough SL1 3ST	£1,746	63	2	Flat
£227K	04/23	0.65 mi	34, Pickfords Gardens, Slough SL1 3GE	£3,685	62	2	Flat
£230K	03/23	0.65 mi	19, Pickfords Gardens, Slough SL1 3GE	£3,710	62	2	Flat
£245K	02/21	0.71 mi	8, Adelphi Gardens, Slough SL1 2RG	£4,537	54	2	Flat
£180K	08/21	0.72 mi	Flat 7, Centrika, Bath Road, Slough SL1 3SL	-	-	2	Flat
£185K	09/21	0.72 mi	37a, Montrose Avenue, Slough SL1 4TN	-	-	2	Flat
£195K	01/21	0.72 mi	2, Boarlands Close, Slough SL1 5DD	£3,750	52	2	Flat
£136.8K	11/20	0.73 mi	19a, Alexandra Road, Slough SL1 2NQ	£2,358	58	2	Flat
£195K	07/23	0.74 mi	79, Gatewick Close, Slough SL1 3SE	£3,421	57	2	Flat
£100K	08/21	0.79 mi	32, Ridgebank, Slough SL1 5BL	£2,326	43	2	Flat
£195K	03/23	0.81 mi	Flat 19, Fieldview Court, Farnburn Avenue, Slough SL1 4XZ	-	-	2	Flat
£211K	06/23	0.85 mi	30, Rutland Avenue, Slough SL1 3AL	£3,702	57	2	Flat
£140K	06/21	0.86 mi	21, Chalvey Gardens, Slough SL1 2LW	£3,043	46	2	Flat
£232.5K	06/21	0.88 mi	9, Beechwood Gardens, Slough SL1 2HW	£3,577	65	2	Flat
£243.5K	04/21	0.93 mi	91, Furnival Avenue, Slough SL2 1DL	£3,634	67	2	Flat
£237.5K	09/21	0.94 mi	105, Aspects Court, Slough SL1 2EZ	£3,695	64	2	Flat
£200K	04/23	0.96 mi	16, Cobham Close, Slough SL1 5EL	£3,448	58	2	Flat
£290K	03/21	0.97 mi	136, Windsor Road, Slough SL1 2JA	£4,603	63	2	Flat

Local Rents

41 rents from £1.2K/mo to £3.6K/mo, average is £1.5K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,350	02/25	0 mi	-	2	Flat
£1,350	02/25	0.03 mi	-	2	Flat
£1,450	09/24	0.03 mi	Thirkleby Ave, Slough	2	Flat
£1,175	09/24	0.2 mi	Lombard Buildings, Farnham Road	2	Flat
£2,850	01/25	0.23 mi	-	2	Flat
£2,850	01/25	0.23 mi	-	2	Flat
£1,600	08/24	0.25 mi	Quadrivium Point, Tuns Lane, Slough, SL1	2	Flat
£1,500	03/25	0.25 mi	-	2	Flat
£1,500	09/24	0.25 mi	-	2	Flat
£1,600	08/24	0.29 mi	-	2	Flat
£1,650	02/25	0.3 mi	-	2	Flat
£1,400	03/25	0.3 mi	-	2	Flat
£2,400	08/24	0.3 mi	-	2	Flat
£2,000	10/24	0.3 mi	-	2	Flat
£1,550	02/25	0.3 mi	-	2	Flat
£1,350	08/24	0.32 mi	Windmill Road, Slough	2	Flat
£1,650	01/25	0.32 mi	-	2	Flat
£1,400	03/25	0.34 mi	-	2	Flat
£1,500	02/25	0.34 mi	-	2	Flat
£3,600	09/24	0.34 mi	Bath Road, Slough, Berkshire, SL1	2	Flat
£1,600	08/24	0.34 mi	Bath Road, Slough	2	Flat
£1,600	10/23	0.36 mi	Windmill Road, Slough	2	Flat
£1,400	09/24	0.36 mi	Windmill Road, Slough, SL1	2	Flat
£1,400	08/24	0.37 mi	Weekes Drive, Cippenham	2	Flat
£1,450	09/24	0.43 mi	Central Slough	2	Flat
£1,650	10/24	0.46 mi	-	2	Terraced House
£1,450	08/24	0.48 mi	Redwood Gardens, Slough	2	Terraced House
£1,600	03/25	0.51 mi	-	2	Terraced House
£1,500	02/25	0.53 mi	-	2	Flat
£1,550	09/24	0.53 mi	Frogmore Close, Cippenham	2	Terraced House
£1,550	08/24	0.54 mi	Hardy Close, Cippenham	2	Terraced House
£1,500	09/24	0.55 mi	Bader Gardens, Slough, Berkshire, SL1	2	Semi-Detached House
£1,450	09/24	0.56 mi	Worcester Gardens, Slough, Berkshire	2	Flat
£1,500	09/24	0.56 mi	Pickfords Gardens, Slough, Berkshire, SL1	2	Flat
£1,500	08/24	0.56 mi	-	2	Flat
£1,500	10/23	0.58 mi	Scarborough Way, Cippenham	2	Terraced House
£1,600	12/24	0.59 mi	-	2	Terraced House
£1,850	03/25	0.59 mi	-	2	Flat
£1,475	08/24	0.6 mi	Pickford Gardens	2	Flat
£1,550	08/24	0.6 mi	Pickfords Gardens, SLOUGH	2	Flat
£1,800	08/24	0.6 mi	Park House Apartments, Slough	2	Flat

Local Area Statistics

Population in SL1	70,23470,234
Population in Slough	168,514168,514
Town centre distance	0.98 miles away0.98 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.08 miles away1.08 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 £250,000

March 3, 2025

Floor Plans

Description

SHARE OF THE FREEHOLD +
TWO BEDROOMS +
LOUNGE +
ALLOCATED PARKING SPACE +
NO ONWARD CHAIN +
GROUND RENT ZERO +
SERVICE CHARGE £150.00 PCM +
LEASE YEARS: 999 +

Addison Giles is pleased to present this well presented two bedroom ground floor apartment with share of the freehold, situated in a cul-de-sac just off Bath Road. The property is conveniently located near local amenities, including the popular Eden Girls' School and Junction 6 of the M4 motorway. Slough town centre, offering multiple shopping facilities and a mainline railway station, is just over a mile away.
The apartment benefits from an entry phone system, a large living room, a fitted kitchen, gas central heating, double-glazed windows, allocated parking, and is offered with no onward chain.

Agent Details

Addison Giles, Slough

01753 905009

Next Steps?

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

Similar Properties

Like this property? Maybe you'll like these ones close by too.

2 Bed Flat, Single Let, Slough, SL1 3XS

£265,000

a year ago • 68 m²

2 Bed House, Single Let, Slough, SL1 2YZ

£400,000

5 months ago • 65 m²

2 Bed House, Single Let, Slough, SL1 2YX

£350,000

1 views • 6 months ago • 68 m²

3 Bed House, Single Let, Slough, SL1 2YJ

£425,000

a month ago • 93 m²