Compact commuter flat with parking and long lease — ideal for rental investors.
1. Second-floor one-bedroom apartment with open-plan living/kitchen and Juliet balcony
2. Secure underground allocated parking and lift access to all floors
3. Residents' gym, entry-phone security; long lease (approx. 136 years)
4. Sold by Modern Auction — reservation fee 4.5% (min £6,600) and buyer fees apply
5. High annual service charge (£2,930) and ground rent (£378)
6. Small overall size (approx. 368 sq ft); likely needs only cosmetic updating
7. Electric wall-mounted heating — no gas central heating; potential energy costs
8. Local area: deprived classification and very high recorded crime rates
A compact second-floor one-bedroom apartment offering straightforward town-centre rental potential within walking distance of Slough railway station and the Elizabeth Line. The layout includes a large open-plan living/kitchen, double bedroom with fitted wardrobe, Juliet balcony and secure underground parking — features that appeal to commuters and buy-to-let demand.
This is a modern, low-maintenance flat in a purpose-built development with lift access, communal gym and entry-phone security. The long lease (approx. 136 years) and allocated underground parking are practical ownership points; broadband and mobile signal are strong for the area, supporting rental appeal to professionals.
Buyers must note this property is being sold via Modern Auction. A non-refundable reservation fee of 4.5% (minimum £6,600) plus buyers’ fees apply, and completion is typically required within 56 days. Also factor in an above-average annual service charge (£2,930) and ground rent (£378).
Be frank about location drawbacks: the local area is classified as deprived with very high recorded crime rates. Heating is electric wall-mounted units (no gas central heating) and the flat is small (approx. 368 sq ft), so expect lower utility efficiency and potential need for cosmetic updating. This is best suited to informed investors or buyers seeking a quick, city-centre purchase who accept auction-process costs and do thorough pre-bid due diligence.