Summary - 1 FLAT 6 SUSSEX PLACE SLOUGH SL1 1NH
1 bed 1 bath Studio
Small, renovation project near Slough station — auction sale, short lease, cash buyers preferred.
Second-floor studio with entrance hall, kitchen, bathroom and living/bedsit area
Allocated off-street parking space included
Short lease: 58 years remaining — lenders likely to refuse mortgages
Requires renovation throughout; electric storage heating and secondary glazing
Sold by online auction on 30 Sept 2025; buyer’s/admin fees apply
0.9 miles to Slough station — direct links to London
Area classified as deprived with high local crime levels
Small overall size (388 sq ft); council tax very low
This second-floor studio offers a compact, value-add opportunity close to Slough station, suited to investors or a hands-on owner-occupier. The apartment includes an entrance hall, bathroom, separate kitchen and living/bedsit area, plus an allocated off-street parking space. Its 388 sq ft footprint is small but functional for a single occupant or rental let once improved.
The flat requires renovation throughout: cosmetic and likely mechanical upgrades are needed (electric storage heating, secondary glazing and assumed uninsulated solid brick walls). The EPC is E and the property will be sold at online auction on 30 September 2025 — buyers should factor in the advertised administration and buyer’s premium fees payable on exchange.
A critical drawback is the short lease (58 years remaining). Mortgage lenders commonly refuse lending on leases under 60 years, so purchase may need to be cash or require specialist finance. The surrounding area is classified as deprived with high local crime levels; this affects rental demand and resale comparables and should be weighed in any investment appraisal.
Positives to note are the short 0.9-mile walk to Slough railway station with direct London links, plentiful local amenities within walking distance, very low council tax band, and nearby well-rated schools — factors that support rental demand after refurbishment.
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