2 Bed Flat, Single Let, Slough, SL1 4BF, £235,000

Bath Road, Slough, SL1 4BF 4 - 10 days ago

Leasehold
BTL
ROI: 5%
~68 m²
+4 photos

ValuationFair Value

Sold Prices£100K - £270K
Sold Prices/m²£1.7K/m² - £4.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£231,342

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£12,950

Total Cash In

£71,700

 

 

Cash Out

 

Rent Range

£1,175 - £3,600

Rent Estimate

£1,350

Running Costs/mo

£1,024

Cashflow/mo

£326

Cashflow/yr

£3,908

ROI

5%

Gross Yield

7%

Local Sold Prices

24 sold prices from £100K to £270K, average is £216.5K. £1.7K/m² to £4.9K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£220K06/210.34 mi113, Weekes Drive, Slough SL1 2YN2
£195K10/200.34 mi101, Weekes Drive, Slough SL1 2YN2
£218K12/200.34 mi87, Weekes Drive, Slough SL1 2YN2
£202K11/200.34 mi50, Thirkleby Close, Slough SL1 3XF2
£195K01/210.39 mi2, Boarlands Close, Slough SL1 5DD2
£215K04/230.4 mi210, Weekes Drive, Slough SL1 2YR2
£235K03/230.4 mi174, Weekes Drive, Slough SL1 2YR2
£223K10/210.42 mi151, Weekes Drive, Slough SL1 2YW2
£100K08/210.46 mi32, Ridgebank, Slough SL1 5BL2
£197K02/210.57 mi128, Farnham Road, Slough SL1 4XA2
£237.5K09/210.57 mi30, Tuns Lane, Slough SL1 2XD2
£112.5K06/210.64 mi140, Windmill Road, Slough SL1 3SW2
£185K09/210.67 mi37a, Montrose Avenue, Slough SL1 4TN2
£200K04/230.69 mi16, Cobham Close, Slough SL1 5EL2
£270K06/210.69 mi57, Windmill Road, Slough SL1 3SX2
£265K07/230.73 mi27, Hogarth Close, Slough SL1 5JD2
£195K03/230.77 miFlat 19, Fieldview Court, Farnburn Avenue, Slough SL1 4XZ2
£243.5K04/210.8 mi91, Furnival Avenue, Slough SL2 1DL2
£260K03/210.85 miFlat 8, Oliver Court, Patricia Close, Slough SL1 5HE2
£245K12/220.9 miFlat 2, Compton Court, Brook Crescent, Slough SL1 6LL2
£211K06/230.91 mi30, Rutland Avenue, Slough SL1 3AL2
£110K10/200.96 mi75, Blair Road, Slough SL1 3ST2
£227K04/230.97 mi34, Pickfords Gardens, Slough SL1 3GE2
£230K03/230.97 mi19, Pickfords Gardens, Slough SL1 3GE2

Local Rents

33 rents from £1.2K/mo to £3.6K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,50002/250.02 mi-2
£1,40003/250.02 mi-2
£3,60009/240.02 miBath Road, Slough, Berkshire, SL12
£1,60008/240.02 miBath Road, Slough2
£1,55008/240.31 miHardy Close, Cippenham2
£1,35002/250.32 mi-2
£1,75001/250.33 mi-2
£1,75003/250.33 mi-2
£1,75009/240.33 mi-2
£1,35002/250.34 mi-2
£1,45009/240.34 miThirkleby Ave, Slough2
£1,45001/250.36 mi-2
£1,40008/240.39 miWeekes Drive, Cippenham2
£1,39508/240.39 miBoarlands Close, Cippenham2
£1,40008/240.39 mi-2
£1,50002/250.41 mi-2
£1,55009/240.43 miFrogmore Close, Cippenham2
£1,50009/240.47 miBader Gardens, Slough, Berkshire, SL12
£1,65010/240.47 mi-2
£2,85001/250.5 mi-2
£2,85001/250.5 mi-2
£1,17509/240.51 miLombard Buildings, Farnham Road2
£1,60012/240.52 mi-2
£1,50008/240.56 miBower Way, Slough, SL12
£2,00008/240.56 mi-2
£2,80012/240.56 mi-2
£1,60008/240.58 miQuadrivium Point, Tuns Lane, Slough, SL12
£1,50003/250.58 mi-2
£1,50009/240.58 mi-2
£1,60008/240.58 miAmesbury Road, Slough, Berkshire, SL12
£1,60008/240.6 mi-2
£1,67509/240.61 miPalace Close, Slough, SL12
£1,65002/250.62 mi-2

Local Area Statistics

Population in SL1

70,234

Population in Slough

168,514

Town centre distance

1.29 miles away

Nearest school

0.20 miles away

Nearest train station

1.12 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-26%

Sales demand

Balanced market

Capital growth (5yrs)

+17%

Property History

Listed for £235,000

March 6, 2025

Floor Plans

Description

  • Tenanted Property +
  • Ground Floor 2 Bedroom Flat +
  • Immediate Investment +
  • Allocated Parking +
  • Leasehold Property +
  • Renovated Throughout +
  • No chain +

A SPACIOUS flat in Slough- available TENANTED for IMMEDIATE investment and CHAIN FREE. Call to enquire!
Bettermove are proud to present this 2 bedroom ground floor apartment in Slough available with no forward chain.
The property is currently tenanted and it will be sold with tenants in situ for immediate investment. Rental yields can be obtained through Bettermove.
The property benefits from double glazing- electric heating throughout and has allocated and visitor parking. The council tax band is C.
This is a leasehold property with 995 years remaining on the lease; the ground rent is £300 per annum and the service charge is £163 per month. 
The interior of this beautifully presented property comprises a spacious living room- dining room- fitted kitchen and two double bedrooms on the ground floor. 
Located in the popular town of Slough- the property is close to a range of amenities- including shops- supermarkets- restaurants and pubs. Excellent transport connections can be found from the M4- Slough Station and public transport.
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You can secure the purchase immediately by paying an exclusivity deposit of £1-000.
This is not an additional fee and is returned to you on completion.
Paying this deposit ensures that the seller takes the property off the market and reserves it exclusively for you. Therefore- eliminating the risk of being gazumped by another buyer- and incurring aborted costs.
This allows you rights to purchase within a given timeframe (typically 8-12 weeks) which gives you time to prepare funding- surveys- and searches.
Speak to one of our sales team about our Exclusivity Deposits today to find out more…

Agent Details

Bettermove, Nationwide

020 3834 8696

Next Steps?

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