26 Northmead Road, Slough, Berkshire, SL2 1TR

Description

A Vacant Ground Floor Two Bedroom Maisonette in Need of Refurbishment. The property comprises a ground floor two bedroom maisonette situated within a detached building arranged over ground and first floors.

Accommodation

Ground Floor: Reception Room, Kitchen, Two Bedrooms, Bathroom. Exterior: Off street parking and shared gardens.

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Kennedy Park are within easy reach. Transport links are provided by Burnham rail station.

Tenure / Property Information

Investment Analysis

Nearby completed sales range from £163,500 to £180,000, including a £180,000 sale on Northmead Road in April 2026. These are only indicative comparables because the subject requires refurbishment and has approximately 53 years remaining on its lease. A base GDV of £180,000 is therefore provisional, with an evidence-based comparable range of £163,500–£180,000.

Investment Snapshot

Strategy Recommendation

Proceed only after reviewing the legal pack, lease terms, potential lease-extension liability, condition and all buyer costs. Do not rely on the guide price alone.

Works Required

General refurbishment is required, but no detailed schedule or condition evidence is supplied. Scope and cost cannot be quantified from the evidence.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A provisional £180,000 GDV implies 75% refinance proceeds of £135,000, but refurbishment cost, total acquisition cost, lease-extension implications and rent are unknown. BRRR feasibility cannot be reliably calculated.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is provided. The short lease and refurbishment requirement require particular diligence.

Flip Analysis

Completed comparables indicate a provisional resale value range of £163,500–£180,000. Flip surplus cannot be calculated because refurbishment costs, selling costs and all special-condition fees are unknown.

Investor Risks & Due Diligence

• Approximately 53 years remain on the lease.

• The property is stated to need refurbishment, but its scope and cost are unknown.

• No sufficiently specific rental evidence is available.

• Special-condition fees, legal fees, transfer fees, search fees and seller-cost reimbursements may apply.

• Comparable properties may differ in lease length, condition and specification.

Recommendation

Proceed only after reviewing the legal pack, lease terms, potential lease-extension liability, condition and all buyer costs. Do not rely on the guide price alone.

Strategy Rating

Analysis Confidence

There are several relevant completed sales, but no detailed condition schedule, rental evidence, refurbishment budget, lease-extension cost or full auction fee schedule.