Summary - FIELDVIEW COURT FLAT 16 FARNBURN AVENUE SLOUGH SL1 4XZ
2 bed 2 bath Flat
Immediate rental income for cash investors close to Slough transport links.
- Top-floor 2-bedroom flat with en-suite and living/dining area
- Sold with tenants in situ for immediate rental income
- Cash buyers only; 79 years remaining on the lease (problematic)
- Mortgage lenders likely to refuse due to lease length
- Service charge ~£1,100/year and ground rent £350/year
- One allocated off-street parking space included
- Double glazing and electric underfloor heating throughout
- Local area: high crime rate and higher deprivation levels
A top-floor two-bedroom flat in Fieldview Court, SL1, presented as an immediate rental investment with tenants in situ. The apartment offers an open living/dining area, fitted kitchen, two double bedrooms (one en-suite), and one allocated off-street parking space. Practical features include double glazing and electric underfloor heating.
This is a cash-buyers-only opportunity because the lease has 79 years remaining; many mortgage lenders will refuse to lend on properties with this lease length. Annual outgoings are clear: service charge about £1,100 and ground rent £350. There is no forward chain, so a purchaser can complete quickly.
Location benefits include fast broadband, excellent mobile signal, nearby shops and supermarkets, and good rail and road links via Slough station and the M4. Schools in the area include several rated Good and one Outstanding grammar school, which supports local tenant demand.
Buyers should weigh the rental potential against material drawbacks: the short lease risks mortgage refusal for future purchasers and may reduce resale value; the area scores high on crime and is relatively deprived, which could affect long-term capital growth and tenant profiles. The property is sold with tenants in place and is best suited to cash investors comfortable managing a lease-extension plan if required.
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