2 Bed Flat, Single Let, Slough, SL3 7SL, £220,000

112 Reddington Drive, Slough, SL3 7SL - 3 views - 2 years ago

Leasehold
BTL
44 m²
+3 photos

ValuationOvervalued

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

 

 

Square Metres

44 m²
Price/m²£5K/m²

Value Estimate

£180,588

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£100 - £3,250

Rent Estimate

£100

Running Costs/mo

£728

Cashflow/mo

£-627

Cashflow/yr

£-7,530

Gross Yield

1%

Local Sold Prices

36 sold prices from £152.5K to £312K, average is £257.5K. £3.2K/m² to £5.4K/m², average is £4.1K/m².

PriceDateDistanceAddressBeds 
£288K10/230.03 mi222, Reddington Drive, Slough SL3 7SL2
£250K03/230.21 mi189, Upton Court Road, Slough SL3 7LN2
£225K01/210.35 mi16, Darrell Close, Slough SL3 7QN2
£243K11/200.35 mi13, Darrell Close, Slough SL3 7QN2
£260K08/210.4 mi59, Hurworth Avenue, Slough SL3 7FE2
£260K08/210.4 mi59, Hurworth Avenue, Slough SL3 7FE2
£265K09/200.4 mi33, Hurworth Avenue, Slough SL3 7FE2
£265K03/210.42 mi46, Tobermory Close, Slough SL3 7JG2
£270K09/230.42 mi41, Tobermory Close, Slough SL3 7JG2
£285K05/210.47 mi141, Hurworth Avenue, Slough SL3 7FG2
£285K05/210.48 mi141, Hurworth Avenue, Slough SL3 7FG2
£260K10/220.49 mi20, Barchester Road, Slough SL3 7HA2
£235K09/200.49 mi28, Barchester Road, Slough SL3 7HA2
£250K09/210.49 mi16, Barchester Road, Slough SL3 7HA2
£245K01/230.51 mi112, Minster Way, Slough SL3 7EX2
£223K09/200.52 mi47, Minster Way, Slough SL3 7EY2
£305K02/230.52 mi11, Newton Close, Langley, Slough SL3 8DD2
£295K10/210.52 mi3, Newton Close, Slough SL3 8DD2
£312K11/220.52 mi15, Newton Close, Langley, Slough SL3 8DD2
£230K11/220.55 mi19, Maryside, Slough SL3 7ES2
£274K10/200.55 mi26, Chadwick Road, Slough SL3 7FU2
£267.5K04/210.55 mi20, Chadwick Road, Slough SL3 7FU2
£280K02/210.56 mi108, Chadwick Road, Slough SL3 7FU2
£252.5K06/210.68 mi4, Gilbert Way, Slough SL3 7GR2
£282K10/230.74 mi26, Scholars Walk, Langley, Slough SL3 8LY2
£240K09/230.75 mi5, Tracy Avenue, Slough SL3 7GN2
£243.5K01/210.78 mi2, Wylands Road, Slough SL3 8JT2
£225K07/230.78 mi15, Tithe Court, Slough SL3 8AS2
£282K10/220.78 mi16, Wylands Road, Slough SL3 8JT2
£272K04/230.78 mi98, Scholars Walk, Langley, Slough SL3 8LZ2
£152.5K04/230.84 mi287, Rochfords Gardens, Slough SL2 5XH2
£240K08/230.93 mi3, Sir Robert Mews, Slough SL3 8ND2
£250K05/230.94 mi44, Grampian Way, Slough SL3 8UG2
£230K04/230.94 mi32, Grampian Way, Slough SL3 8UG2
£255K05/210.98 mi30, Clifton Road, Slough SL1 1SP2
£218K10/211 mi6, Chichester Court, Slough SL1 1NZ2

Local Rents

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

RentDateDistanceAddressBeds 
£1,65008/240.08 miLangley 2
£1,75011/240.09 mi-2
£1,75011/240.09 mi-2
£1,65009/240.09 mi-2
£2,50001/250.13 mi-2
£1,60011/240.2 mi-2
£1,60009/240.2 miRandolph Road, Slough, SL32
£1,65003/250.21 mi-2
£1,55002/240.23 mi-2
£1,57502/250.28 mi-2
£1,70008/240.33 miSlough, Berkshire, SL32
£1,65003/250.39 mi-2
£1,70009/240.4 miHurworth Avenue, Slough, SL32
£1,70009/240.4 miHurworth Avenue, Slough, SL32
£1,70011/240.4 mi-2
£1,70009/240.4 miLondon Road, Slough, SL32
£1,50001/250.4 mi-2
£1,85002/250.41 mi-2
£95009/240.41 mi-2
£1,50008/240.42 miTobermory Close, Langley - 2 bed, 2 Bath Ground Floor Apartment 2
£1,70008/240.43 mi-2
£1,80008/240.44 miSlough, Berkshire, SL32
£1,70010/240.45 mi-2
£1,70002/250.45 mi-2
£1,85003/250.46 mi-2
£1,65008/240.48 mi-2
£1,83502/250.48 mi-2
£1,65002/250.49 mi-2
£1,40009/240.5 miHurworth Avenue, Langley, Slough2
£1,30010/240.51 mi-2
£1,20003/250.51 mi-2
£1,80009/240.54 miSpencer Road, Langley, SL32
£1,75009/240.54 miSpencer Road, Langley, SL32
£1,75009/240.54 mi-2
£1,55009/240.55 mi-2
£1,70002/250.55 mi-2
£1,60001/250.56 mi-2
£1,50008/240.56 miChadwick Road, Langley, SL32
£3,25003/250.56 mi-2
£1,55002/250.56 mi-2
£2,99503/250.56 mi-2
£1,50009/240.57 miKimberley Close, Langley, SL32
£1,40009/240.57 miChadwick Road, Slough2
£10011/240.58 mi-2
£1,80008/240.58 miKenyon Way, Langley2
£1,79511/240.61 mi-2

Local Area Statistics

Population in SL3

45,182

Population in Slough

168,514

Town centre distance

1.77 miles away

Nearest school

0.20 miles away

Nearest train station

0.92 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-46%

Sales demand

Balanced market

Capital growth (5yrs)

+14%

Property History

Listed for £220,000

May 17, 2023

Floor Plans

Description

  • Secure Entry Phone System +
  • Easy Access to M4 Motorway (Junction 5) +
  • Gas Central Heating +
  • With Catchment Area of Local Schools +
  • Communal Gardens +
  • Two Double Bedrooms +

A spacious two bedroom second floor flat situated in a quiet residential area just off the London Road. The property benefits from wonderful views over parkland with Windsor Castle in the distance, gas central heating, UPVC double glazing, cloakroom, kitchen, bathroom and plenty of on street parking. The property is located within Ryvers school catchment & is walking distance to the local Grammar schools. Local shops & amenities are also close by.

Agent Details

Cameron King, Cippenham

01621 731464

Next Steps?

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