# 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:** -20.3%
- **10y growth:** 25.2%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -5.3%
- **5y growth (index):** 2.9%
- **10y growth (index):** 10.3%

## 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)