Latest Valuation
£1,000
ROCE
%
Selling Agent
Sourced Reading

15 Serviced Accommodation Apartments in Slough

The apartments taken on individually or as whole portfolio
Guide Price
£1,000

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Key Features

  • Brand new apartments
  • Private balconies
  • On the high street
  • Views over Slough

The Property

This fantastic investment opportunity consists of 15 brand new apartments, located in the heart of Slough town centre. Each apartment has a private balcony with views over Slough.

The apartments offer a great investment return for any investor. A management company can be utilised in order to create a hassle free investment, whilst still ensuring a great return.
The apartments taken on individually or as whole portfolio.

Slough town centre provides investors with demand from both corporate and casual guests ensuring a stable occupancy rate.
A 3 year contract basis has been secured in order to protect your investment, although these terms are negotiable.

The figures for SA are below:

1 bed

Rent = £1,000
Rental income = £1,920 (80 x 24 nights) - 75% occupancy
Utilities = £300
Cashflow = £620 pcm

Total investment = £4,000
ROCE = 190%

2 bed

Rent = £1,400
Rental income = £2,640 (110 x 24 nights) - 75% occupancy
Utilities = £300
Cashflow = £940 pcm = £11,280 pa

Total investment = £4,400
ROCE = 260%

With the growth that is planned in the area for both prime office space and various luxury retail and entertainment venues, securing these apartments on a 3 year contract will be a fantastic investment. You will have the opportunity to appeal to not only tourists, but corporate clients too, improving both occupancy and the nightly rate chargeable.

Planning Information

N/A

The Plan

The apartments offer a great investment return for any investor.

A management company can be utilised in order to create a hassle free investment, whilst still ensuring a great return.

The apartments taken on individually or as whole portfolio.

The Location

Slough boasts the highest density of global corportate clients outside of London, with over £1.5bn spend on corporate workspaces in the last few years.

Slough is planning a £1bn regeneration of the town centre, to include prime retail space bringing tourists and visitors to the area.

A new three phase office building is planned to be built in the next few years, bringing more corporate space to Slough.

The curve, a new multipurpose facility cultural hub with large performance space will bring overnight visitors to the city.

Average estimated value for a house in SL1

£

With the growth that is planned in the area for both prime office space and various luxury retail and entertainment venues, securing these apartments on a 3 year contract will be a fantastic investment.

You will have the opportunity to appeal to not only tourists, but corporate clients too, improving both occupancy and the nightly rate chargeable.