Railway Terrace, Central Slough - Secure Parking

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Sold STC

2 bed, 2 bath apartment with secure parking - 0.1 miles slough train station

£325,000 OIRO

2

Bedrooms

2

Bathrooms

1

Reception

Floorplan

BEST APARTMENT IN SLOUGH! Overlooking Slough Train Station (CROSSRAIL) Is this immaculate 2 Bed, 2 Bath apartment complete with secure parking, visitor parking, & Balcony.


As you enter the foyer you are greeted with a clean, bright, and spacious area with access to stairs, locked post boxes, and 2 lifts servicing the rest of the building. As you enter the hallway to the apartment there are two large storage cupboards as well as a video entry phone system. The open-plan lounge kitchen is the hub of the home with dual aspect windows and access to a private balcony with far-reaching Southeast views over the train station and towards Windsor. The kitchen is modern and fitted with a range of base units with fitted appliances including a dishwasher, fridge/freezer, oven & washing machine. There is space for a 4-6 seater dining table as well as ample space for relaxing on the sofa in the evening. The two double bedrooms are located off of the entrance hall with the master enjoying an ensuite shower room. On the first floor, you have access to the garage where you have 1 allocated parking space, secure with fob entry and entranceexit shutter.


Property Features

Secure Parking & Additional Visitor Parking Pass | Opposite Slough Train Station Elizabeth Line | Two Double Bedrooms | Family Bathroom | Master Bedroom With En-suite | Balcony | Large Lounge/Kitchen | Excellent Internal Condition | 142 Year Lease | Council Tax Band C | 360 Online Tour | Remote & Physical Viewings Available Call 01753 900440

Room By Room Details

Entrance Hall

Laminate flooring, electric sockets, radiator, two large storage cupboards

Open Plan Lounge/ Kitchen

Front aspect double glazed door to southeast facing balcony, laminate flooring, electrical sockets, telephone points, radiator, tv point

Kitchen

Double glazed side aspect window, Range of base and wall mounted units laminate roll edge worktop with matching upstand, 1.5 bowl sink with drainer and mixer tap, electrical sockets, fitted oven and 4 ring hob with stainless steel splash back and extractor fan over, integrated fridge/freezer, dishwasher & washing machine. Over LED spotlights, laminate flooring, space for 4-6 seating dining table.

Bathroom

Lino flooring, side enclosed bathtub with tile surround, low-level WC, pedestal handwash basin with mixer tap and tile splash back, heated towel rail, over LED spotlights, extractor fan.

Bedroom One

Southeast aspect double glazed window, carpeted flooring, radiator, electrical sockets, centre light, door to;

Ensuite

Lino flooring, walk-in glass shower enclosure with tile surround and over shower, low-level WC, Pedestal hand-wash basin with mixer taps and tile splash back, heated towel rail, LED over spotlights, extractor fan.

Bedroom Two

Southeast aspect double glazed window, carpeted flooring, electrical sockets, radiator, centre light.


Lease Information & Costs - The property benefits from a 155-year lease from 1stJanuary 2010. There are maintenance and services charges of approximately 275 per month, with an annual ground rent of approximately 350.00. Council tax band C.

EWS1 The developer; Barratt Developments PLC, has agreed to cover all costs associated with remedial works and a cover letter can be provided to ensure mortgage lending. Works are expected to begin in April 2023.


Train Station

Slough - 0.07 Miles


Bus Station

Brunel Way - 0.09 Miles


Motorway

M4 Junction 6 - 1.3 Miles


Average Broadband speeds

Basic - 16mb

Superfast - 100mb

Ultrafast - 100mb +

Overall - 100mb


Mobile coverage

EE - Good

02 - Good

Three - Good

Vodafone - Good


Schools

Upton Grammar - Secondary, Post 16 - 0.81 Miles - Outstanding

Slough & Eton School - Special - 0.78 Miles - Outstanding

Iqra Islamic Primary School - Primary - 0.47 Miles - Good

James Elliman Acadamy - Nursery, Primary - 0.47 Miles - Good




Features
  • Leasehold

Nearest Stations:

0.09 miles
Slough
2.02 miles
Windsor and Eton Riverside
2.15 miles
Datchet
2.17 miles
Langley
2.22 miles
Windsor and Eton Central

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 270825

Mortgage Loan to Value

%

Gross Yield

%

Annual ROI

%

Annual Rental Profit

£

Cumulative Rental Profit

£

Cost of Purchase

£
  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 8125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 27075
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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  %
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£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

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  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

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