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1 Bed Apartment House For Sale Jennery Lane, Slough, SL1

£250,000- Apartment

Yield: 4.08%
1 of 13
Yield: 4.08%
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  • Rental Guide: £675 - £850
  • 1 Bedroom(s)
  • Description
  • Street View
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Key Features

  • Luxury Living In Later Life
  • Over 65's Development
  • Burnham Village
  • Top/penthouse Apartment
  • Communal/social Areas
  • Double Bedroom With Dressing Area
  • Open Plan Lounge/diner
  • Fitted Kitchen
  • Luxury Shower Room
  • Allocated Parking
Last Updated: 12th January 2020

Description

GROUND FLOOR COMMUNAL AREAS: Entry system with key fob, door to area housing post boxes.  Double doors into plush reception with concierge, large social area for residents, follow round to left  through door to lift.

SECOND FLOOR COMMUNAL AREA: Right out of lift, smoke/fire alarm system, 3rd door on right is storage cupboard, key safe, front door to entrance hall.

ENTRANCE HALL: Double cupboard housing electric consumer unit and meter, gas meter and combination boiler, single panel radiator, smoke alarm, climate control, telephone point, power points, Tunstall emergency alarm to concierge, doors to bedroom, shower room and lounge/diner.

LOUNGE/DINER: Open Plan - L Shaped. Dining Area: (2.19M X 2.07M) Lounge Area:(3.58M x 3.24M) Triple vent double glazed doors to balcony, slightly vaulted ceilings, double glazed sky light window, 2 double radiators, TV aerial point, coved ceiling, pull cord, fitted carpets, ample power points, solid wood door to kitchen.

BALCONY: Green fitted rubber matting, railings, views of communal grounds and social/communal conservatory.

KITCHEN: Range of matching wall and base units, 1 1/2 bowl stainless steel sink unit with mixer taps, marble effect work surfaces with tiled splash back, Bosh oven and grill, Bosh four ring halogen hob unit with extractor hood above, recess for microwave, wall mounted heater, Integrated AEG washing machine, plumbing and recess to dish washer, space for fridge/freezer, wood effect flooring, adjustable spot lights

BEDROOM: (3.43M X 3.23M) Nice size double bedroom, slightly vaulted ceiling, double glazed tilt and turn sky light window with fitted sun blind, double panel radiator, ample power points, door to wardrobe/dressing room. DRESSING ROOM: )(1.44M X 1.44M) Fitted wardrobes with shelving, clothing rails with high level storage, mirrored door, fitted dressing table with mirror, down lights, power points.

SHOWER ROOM: Luxury double shower unit with tray and sliding screen doors, Hydromax power shower, pedestal wash hand basin with tiled splash backs, wall fixed mirror with light and shaver socket, low level wc, medicine cabinet, towel rail, single panel radiator, ceiling extractor unit, down lights, marble effect flooring.

OUTSIDE: Well kept communal grounds with water feature.  Parking to left of development with one allocated parking space.

TENURE: Leasehold - (120 Years from original)

CHARGES: Service/Maintenance/Insurance:- £184.00 per calendar month.  Ground Rent: £200.00 per annum.  Council Tax Band C:- £125.00 per calendar month (with single person discount).

Tenure and charges details must be verified by a solicitor, prior to purchase, as we have not seen a copy of the lease on this property.
Agent Details
Glenn Flegg & Company
72, High Street, Slough, SL1 7JT
Show Contact Number
01628 666 666

Forecast Score

Based on data and factors which historcally influence property prices this property has an overall score as:

Data Classified:
This property has been partially classified.
3.7

Forecast Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is not enough data available
0

Profitability

Good rental demand in this area.
Compared to other property investments this gives a very poor return.
0

Interest Rates

Bank of England Base Rate:
0.1%
Current record low interest rates encourage house prices as it encourages people to borrow.
10

Mortgage Availability

Current moderate appetite for banks to lend mortgages will lead to steady house price growth.
5

Fiscal Policy

Stamp Duty:
£7500
9.1

Comparison with other investment alternatives

Investng in this property will give you a slightly better regular return when compared to other conservatve nvestments.
4

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
1 Bedroom properties in “SL1” are mostly listed between £675 - £850. There is limited data on listings in proximity to this property.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested