Sold STC Flat

Commonwealth Place

Farnham Lane, Farnham Royal, SL2 3RQ

2 beds 2 baths Listed 23 Apr 2024 (-762d)

£360,000

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# 2 bedroom apartment for sale (SL2 3RQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | Commonwealth Place, Farnham Lane, Farnham Royal, SL2 3RQ |
| Price | £360,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | TBC |
| Last sold | £347,000 |

## Description

A beautiful two bedroom apartment located on the first floor built by the award winning Berkeley Group.

This light filled apartment enjoys an open plan kitchen/dining/living area creating a vibrant and welcoming hub in the home. Two well proportioned double bedrooms, a luxury shared bathroom and an en suite to bedroom one complete this apartment.

This exclusive gated collection of 23 one and two bedroom apartments, 3 bedroom houses and a coach house is just 1.5 miles to amenities at Farnham Common including shops, pubs, restaurants and schools. Berkeley Place offers a rare quality of life with ancient woodland such as the Chiltern Hills Area of Outstanding Natural Beauty just minutes away from the development. Ideally located for commuters with Slough Station just 3 miles away providing frequent 15 minute services into London Paddington.

## Property Photos

- ![Living Area](/listings/photos/147174569/181632) - Living Area
- ![Kitchen](/listings/photos/147174569/181633) - Kitchen
- ![Gardens](/listings/photos/147174569/181634) - Gardens
- ![Dining Area](/listings/photos/147174569/181635) - Dining Area
- ![External](/listings/photos/147174569/181636) - External
- ![Bedroom 1](/listings/photos/147174569/181637) - Bedroom 1
- ![En Suite](/listings/photos/147174569/181638) - En Suite
- ![Bedroom 2](/listings/photos/147174569/181639) - Bedroom 2
- ![Bathroom](/listings/photos/147174569/181640) - Bathroom
- ![External 2](/listings/photos/147174569/181641) - External 2

## Floorplans

- ![Floorplan](/listings/photos/147174569/181642) - Floorplan

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
|  | £347,000 | 01/01/2024 | — |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 11 COBBLERS CLOSE, FARNHAM ROYAL, SLOUGH, BUCKINGHAMSHIRE, SL2 3DT | £210,000 | 26/08/2022 | Flat |
| 24 COBBLERS CLOSE, FARNHAM ROYAL, SLOUGH, BUCKINGHAMSHIRE, SL2 3DT | £262,000 | 15/07/2022 | Flat |
| 27 COBBLERS CLOSE, FARNHAM ROYAL, SLOUGH, BUCKINGHAMSHIRE, SL2 3DT | £255,000 | 11/07/2022 | Flat |
| 44 COBBLERS CLOSE, FARNHAM ROYAL, SLOUGH, BUCKINGHAMSHIRE, SL2 3DT | £210,000 | 02/03/2022 | Flat |
| 28 COBBLERS CLOSE, FARNHAM ROYAL, SLOUGH, BUCKINGHAMSHIRE, SL2 3DT | £265,000 | 22/09/2021 | Flat |
| 26 COBBLERS CLOSE, FARNHAM ROYAL, SLOUGH, BUCKINGHAMSHIRE, SL2 3DT | £245,000 | 13/08/2021 | Flat |

**Area average:** £241,167 (6 sales)

## Price vs local average

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

- **Local average:** £245,643 (23 Flat, SL2, 2024–2026)
- **Deviation:** +46.6%

## Rental Range

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

- **Low:** £1,326/mo
- **Realistic:** £1,473/mo
- **Optimistic:** £1,620/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 Flat, Lovegrove Drive, SL2 | £1,465/mo | 2 | 0.91 miles | OpenRent |

**Average rent: £1,465/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.41% (weak for cashflow)
- **Max investor price (0.8%):** £183,125
- **Target investor price (1%):** £146,500

*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 £1,465/mo).*

- **Gross yield:** 4.9%
- **Cost-to-rent:** 20.5×
- **Monthly cashflow:** £-124/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -1.4%

*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).*

## Capital growth trend

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

- **5y growth:** -4.9%
- **10y growth:** 0.6%

## House Price Index (HM Land Registry)

*Official index for Buckinghamshire; Flats and maisonettes series; as of February 2026.*

- **1y growth (index):** -3.2%
- **5y growth (index):** 3.8%
- **10y growth (index):** 12.3%

## 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)

Living Area Kitchen Gardens Dining Area External Bedroom 1 En Suite Bedroom 2 Bathroom External 2

/ 10

Property details

Council tax band

TBC

Last sold

£347,000

Local average

£245,643 (+46.6%)

Deprivation

Decile 8 (25,087 of 33,755)

Street crime

206 incidents within 1 mile (Mar 2026)

Key features

READY TO MOVE INTO
First floor
Two double bedrooms
Bosch integrated kitchen appliances
En suite to bedroom one
Allocated parking

Additional details

Parking: Yes

Description

A beautiful two bedroom apartment located on the first floor built by the award winning Berkeley Group.

This light filled apartment enjoys an open plan kitchen/dining/living area creating a vibrant and welcoming hub in the home. Two well proportioned double bedrooms, a luxury shared bathroom and an en suite to bedroom one complete this apartment.

This exclusive gated collection of 23 one and two bedroom apartments, 3 bedroom houses and a coach house is just 1.5 miles to amenities at Farnham Common including shops, pubs, restaurants and schools. Berkeley Place offers a rare quality of life with ancient woodland such as the Chiltern Hills Area of Outstanding Natural Beauty just minutes away from the development. Ideally located for commuters with Slough Station just 3 miles away providing frequent 15 minute services into London Paddington.

Listed by

New Homes

Leaders and Romans Group

Reference: 147174569

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Price history

Event	Date	Price	% change
Sold	01/01/2024 (2 years ago)	£347,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
11 COBBLERS CLOSE, FARNHAM ROYAL, SLOUGH, BUCKINGHAMSHIRE, SL2 3DT	£210,000	26/08/2022	Flat
24 COBBLERS CLOSE, FARNHAM ROYAL, SLOUGH, BUCKINGHAMSHIRE, SL2 3DT	£262,000	15/07/2022	Flat
27 COBBLERS CLOSE, FARNHAM ROYAL, SLOUGH, BUCKINGHAMSHIRE, SL2 3DT	£255,000	11/07/2022	Flat
44 COBBLERS CLOSE, FARNHAM ROYAL, SLOUGH, BUCKINGHAMSHIRE, SL2 3DT	£210,000	02/03/2022	Flat
28 COBBLERS CLOSE, FARNHAM ROYAL, SLOUGH, BUCKINGHAMSHIRE, SL2 3DT	£265,000	22/09/2021	Flat
26 COBBLERS CLOSE, FARNHAM ROYAL, SLOUGH, BUCKINGHAMSHIRE, SL2 3DT	£245,000	13/08/2021	Flat

Area average: £241,167 (6 sales)

Capital growth trend

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

5y growth -4.9%

10y growth 0.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Buckinghamshire. Series: Flats and maisonettes. As of February 2026.

1y (index) -3.2%

5y (index) 3.8%

10y (index) 12.3%

Rental Range

Estimated market rent for Buckinghamshire. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,326/mo

Realistic £1,473/mo

Optimistic £1,620/mo

Based on Local Authority from postcode lookup → Buckinghamshire.

LHA (30th percentile) floor for East Thames Valley: £1,197/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SL2 3RQ

Address

Farnham Royal, Beeches Community Board, Buckinghamshire, England, SL2 3RT, United Kingdom

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Farnham Pump Store	0.0 miles
Bus stop	The Farnham Pump	0.1 miles
Shop	Farnham Common Nurseries	0.4 miles
Train station	Burnham	1.6 miles
Hospital	Wexham Park Hospital	1.9 miles
Hospital	Spire Thames Valley Hospital	2.0 miles
Train station	Slough	2.1 miles
University	National Film and Television School	4.8 miles
University	Buckinghamshire New University	5.9 miles

Street-level crime

Category	Count
Violence and sexual offences	88
Other theft	20
Anti-social behaviour	19
Criminal damage and arson	19
Vehicle crime	16
Public order	14
Shoplifting	9
Burglary	6
Other crime	6
Drugs	3
Robbery	3
Bicycle theft	2
Theft from the person	1
Total incidents	206

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
St Mary's Farnham Royal CofE Primary School	Primary	0.2 miles	— (Inspected (no overall grade))
Beechwood School	Secondary	0.2 miles	Requires improvement — 16 Mar 2023
Arbour Vale School	Other	0.2 miles	Good — 8 Feb 2023
St Anthony's Catholic Primary School	Primary	0.3 miles	Good — 16 Mar 2012
Dair House School	Other	0.4 miles	— (No rating)

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 Flat, Lovegrove Drive, SL2	£1,465/mo	2	0.91 miles	OpenRent

Average rent: £1,465/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.41%

Max investor price (0.8%) £183,125

Target investor price (1%) £146,500

Gross yield 4.9%

Cost-to-rent ratio 20.5×

Monthly cashflow £-124/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -1.4%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).

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