2-bedroom flat · SL2 5BN
Sold STCListed 219 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning two bedroom executive apartment located in the very heart of Slough town centre, benefiting from a large balcony and a secure allocated parking space.
This Slough town centre apartment is conveniently located within a stones throw of Slough Mainline Station (Crossrail - The Elizabeth Line) which offers a regular service to London Paddington and The West End.
The property has been built and finished to a very high standard and features include two double bedrooms, a designer kitchen with integrated appliances, a luxury bathroom suite and a parking space.
Slough bus station (within walking distance) offers direct access into Heathrow Airport every 20 minutes.
This property is the perfect choice for first time buyers and investors/landlords, with a projected rental income of £1650 per calendar month.
We expect this property to be sold quickly, so we highly advise early viewings to avoid disappointment. Sold with no onward chain. EPC C.
Communal Entrance With security entry phone system, stairs and lift to first floor.
Entrance Hall Laminated wood effect flooring, wall mounted electrical heater, recessed lighting, walk in storage cupboard.
Lounge 5.49m (18' 0") x 4.51m (14' 10") Laminated wood effect flooring, wall mounted electrical heaters and double glazed doors opening onto private balcony.
Kitchen Area Fitted range of wall and base units with granite counter top, single drainer sink unit with mixer tap, intergrated electric oven and hob with extractor hood above, dishwasher and automatic washing machine.
Bedroom One 4.52m (14' 10") x 2.79m (9' 2") Double glazed window, built in mirror fronted wardrobe, wall mounted electrical heater.
Bedroom Two 4.01m (13' 2") x 3.15m (10' 4") Double glazed window, built in mirror fronted wardrobe, wall mounted electrical heater.
Bathroom Suite comprising of an enclosed panelled bath with mixer tap and hand shower attachment, wash hand basin in vanity unit with mixer tap, low level w.c., chrome heated towel rail, tiled floors and part tiled walls, recessed lighting, extractor fan.
Outside Landscaped communal gardens. Parking Underground parking. Tenure LEASEHOLD.
We are advised by the vendor that the property is currently held on a lease of approximately 145 years unexpired with a combined Ground Rent & Service Charge of at present £2500.00 per annum.
We are currently seeking confirmation of the tenure details from the vendor's solicitors.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About Iron House, Petersfield Avenue, Slough
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