# 2 bedroom flat for sale (SL1 1UG)

## Property Details

| Key | Value |
|-----|-------|
| Address | 22, NEO APARTMENTS, 1 - 9, WEXHAM ROAD, SLOUGH, SLOUGH SL1 1UG |
| Price | £260,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Construction age | England and Wales: 2003-2006 |
| Floor area | 64 m² |
| Last sold | £246,000 Apr 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 08/12/2032
- **Current heating cost:** £379/year
- **Est. upgrade cost to C:** £2,155

### Recommendations
- L2 (£1,200 - £1,800)
- Y (£585 - £725)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/4632-2622-6209-0511-2206)

## Description

Set in a desirable location moments from Slough high street, this 2-bedroom, 2-bathroom apartment offers a spacious reception room with Juliet balcony, ample storage, and gated off-street parking.

Set just behind Slough high street which offers a vast array of shops, cafes and restaurants as well as Slough Station a short distance away providing easy access into London via the Elizabeth Line. 

Please use the reference CHPK0549219 when contacting Foxtons.

## Property Photos

- ![Photo](/listings/photos/129582812/684408)
- ![Photo](/listings/photos/129582812/684409)
- ![Photo](/listings/photos/129582812/684411)
- ![Photo](/listings/photos/129582812/684412)
- ![Photo](/listings/photos/129582812/684414)
- ![Photo](/listings/photos/129582812/684415)
- ![Photo](/listings/photos/129582812/684416)
- ![Photo](/listings/photos/129582812/684417)
- ![Photo](/listings/photos/129582812/684418)

## Floorplans

- ![Floorplan area for info only, not for Â£/sq. ft valuation](/listings/photos/129582812/684420) - Floorplan area for info only, not for Â£/sq. ft valuation
- ![Floorplan 2](/listings/photos/129582812/684425) - Floorplan 2

## EPC Graphs

- ![EER](/listings/photos/129582812/684444) - EER

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| NEO APARTMENTS, 1 - 9 22 WEXHAM ROAD, SLOUGH, SL1 1UG | £246,000 | 05/04/2023 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| CROWN HOUSE FLAT 6 GROVE PARADE, SLOUGH, SL1 1AQ | £179,950 | 02/05/2025 | Flat |
| SKYLINE, 292 - 298 FLAT 2 HIGH STREET, SLOUGH, SL1 1GF | £132,000 | 20/09/2023 | Flat |

**Area average:** £155,975 (2 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £230,228 (54 Flat, SL1, 2024–2026)
- **Deviation:** +12.9%

## Rental Range

*ONS Price Index of Private Rents (Slough). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,414/mo
- **Realistic:** £1,571/mo
- **Optimistic:** £1,728/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for East Thames Valley (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,197/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Penthouse, Verona, SL1 | £1,950/mo | 2 | 0.14 miles | OpenRent |

**Average rent: £1,950/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.75% (weak for cashflow)
- **Max investor price (0.8%):** £243,750
- **Target investor price (1%):** £195,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,950/mo).*

- **Gross yield:** 9%
- **Cost-to-rent:** 11.1×
- **Monthly cashflow:** £706/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 11.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £4,063/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -12.7%
- **10y growth:** -8.6%

## House Price Index (HM Land Registry)

*Official index for Slough; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -6.2%
- **5y growth (index):** 1.3%
- **10y growth (index):** 8.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)
