67A Hencroft Street South, Slough, Buckinghamshire, SL1 1RF

Description

Description THIS TWO BED GROUND FLOOR MASIONETTE IS TO BE SOLD AT AUCTION PLEASE REGSITER ON AUCTIONEER WEBSITE FOR LEGAL PACK AND VIEWING INFO Slough Station (Elizabeth Line and National Rail) is 0.6 miles to the north The M4 is within easy reach to the south west, in turn providing access to the M25 to the east An eclectic range of shops, restaurants and amenities is readily accessible along High Street and the Queensmere and Observatory Shopping centre to the north The open spaces of Herschel Park, Lascelles Park Slough and Upton Court Park are all within reach Upton Hospital is within an approximate five minute walk

Location

67A Hencroft Street South, Slough, Buckinghamshire, SL1 1RF

Investment Analysis

Investment Snapshot

Strategy Recommendation

Preferred strategy: Buy-to-Let / Resale. Confirm this against the legal pack, inspection, finance and local market evidence before bidding.

Works Required

• Obtain a condition / structural survey

• Electrical and heating checks

• Allow for decoration and repairs

HB initial works allowance: £5,000–£15,000. This is an investment-feasibility allowance, not a contractor quotation.

Rental & Market Context

No reliable current rent is stated in the supplied scrape. For initial appraisal only, HB estimates market rent at approximately £1,075–£1,300 pcm (£12,900–£15,600 pa). This is an HB estimate and should be verified against current local lettings.

GDV / Resale Analysis

HB indicative post-works / stabilised value range: £140,400–£158,600. This is an appraisal estimate only, not a RICS valuation. Verify against recent genuinely comparable sold evidence.

Properties Sold Within Approx. 5 Miles

Specific sold transactions are not contained in the supplied scrape, so no unverified addresses or sold prices have been inserted. Check recent Land Registry / local comparable evidence before setting a maximum bid.

Potential BRRR Position

Illustrative middle case: guide £130,000 plus midpoint works of £10,000 gives about £140,000 before acquisition/finance costs. At the midpoint HB value of £149,500, an illustrative 75% refinance is about £112,125, leaving approximately £27,875 of purchase/works capital before transaction costs.

Flip Analysis

Midpoint HB value £149,500 less guide and midpoint works gives an initial gross spread of about £9,500. This is not profit: SDLT, auction fees, legal fees, finance, holding costs, utilities, insurance, selling fees and contingency must also be deducted.

Investor Risks & Due Diligence

• Review the full legal pack, title and special conditions

• Confirm buyer's premium / auction administration charges and completion timetable

• Obtain a suitable condition or structural survey

• Verify refurbishment quotations and contingency

• Verify current rental evidence and recent comparable sales

• Confirm lender requirements, valuation and exit finance

Recommendation

Initial recommendation: Buy-to-Let / Resale. Proceed only if the legal pack, condition, funding and exit-value evidence support the proposed maximum bid.

Strategy Rating

Buy-to-Let: ★★★★☆ | BRRR: ★★★☆☆ | Flip/Resale: ★★★☆☆