# 2 bedroom apartment for sale (SL1 1UG)

## Property Details

| Key | Value |
|-----|-------|
| Address | 19, NEO APARTMENTS, 1 - 9, WEXHAM ROAD, SLOUGH, SLOUGH, SLOUGH SL1 1UG |
| Price | £197,000 |
| Bedrooms | 2 |
| Last sold | £185,000 Dec 2005 |

## Description

Communal Entrance: Sealed unit double glazed door, stairs and lifts to all floors, sealed unit double glazed doors to the rear of the building.

Entrance Hallway: Doors leading to master bedroom, living/ding room with open plan kitchen, bathroom, large storage cupboard and airing cupboard.

Living/Dining Room: 13'11 x 13'3 (4.24 x 4.04)  Sealed unit double glazed French doors to rear aspect 

leading to patio area, television point, wiring for satellite television, BT point, power points.

Open Plan Kitchen: 9'10 x 6'2 (3.00 x 1.88)  A modern range of base and eye level units with dark granite work surfaces, stainless steel electric oven, electric hob and chimney hood, integrated washer/dryer, space for slimline dishwasher, fridge/freezer, low voltage lights, tiled walls, vinyl flooring, stainless steel sink bowl with mixer tap. 

Master Bedroom: 13'7 x 10'0 (4.14 x 3.05)  Sealed unit double glazed window to rear, double wardrobe with mirror fronted sliding doors, electric panel radiator, television point, BT point, power points, door to:

Ensuite Shower Room: White suite with chrome taps, half tiled walls, wash hand basin with splashbacks, thermostatic shower, chrome low voltage halogen cluster light, heated towel rail.

Bedroom Two: 9'10 x 9'10 (3.00 x 3.00)  Sealed unit double glazed window to rear, electric panel radiator, power points.

Bathroom: White suite with modern chrome taps and fixtures, half tiled walls, wash hand basin with splashback, thermostatic shower, chrome low voltage ceiling lights, heated towel rail.

Outside:

Front: Communal grounds around the building and all enclosed by brick retaining wall and steel railing.

Rear: Allocated parking (1 car space per flat) electric gated entrance, communal grounds, security bin storage and cycle storage. 

Lease: 125 years 

Service Charge: £1000 per annum paid half yearly which includes building insurance.

## Property Photos

- ![Photo](/listings/photos/10796456/684499)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| NEO APARTMENTS, 1 - 9 19 WEXHAM ROAD, SLOUGH, SL1 1UG | £185,000 | 21/12/2005 | 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 |
| NEO APARTMENTS, 1 - 9 22 WEXHAM ROAD, SLOUGH, SL1 1UG | £246,000 | 05/04/2023 | Flat |

**Area average:** £212,975 (2 sales)

## Price vs local average

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

- **Local average:** £230,228 (54 Flat, SL1, 2024–2026)
- **Deviation:** -14.4%

## 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:** 0.99% (okay)
- **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:** 11.9%
- **Cost-to-rent:** 8.4×
- **Monthly cashflow:** £954/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 20%

*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:** -13%
- **10y growth:** -8.9%

## 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)