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Park Street, Slough

South East

£1,200,000

Listed on 09/07/2026

Property details

Bedrooms
N/A
Type
Not Specified
Area
4737 sqft

Description

This is a unique opportunity to acquire a strategically located residential development site in the heart of Slough. The property boasts full planning consent for the conversion and redevelopment into six residential apartments, including five two-bedroom units and one one-bedroom flat. Given the ongoing urban regeneration and high demand for rental properties in this area, this scheme presents an appealing prospect for developers looking to maximize returns. With strong transport links and proximity to major employment centres like Slough Trading Estate, the site is primed for successful residential conversions. The approved plans allow for a well-structured residential layout that caters to both private sales and potentially serviced accommodation, subject to further approvals. This project offers a low-risk investment opportunity with significant potential for gross development value (GDV) and robust rental yields.

Investment analysis

(SL1 area)

Below Market Value

This property is priced -43.8% below area average per sq ft

-43.8%
Potential saving
This Property
£253/sq ft
Area Average
£451/sq ft
Avg Rent (weekly)
£324
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £350,000
Target Value
£2,350,026
10% above area average per sq ft
Potential ROI
+51.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (SL1)

Area prices are rising by +4.1% over the last 12 months
3 year growth: +11.6%
5 year growth: +9.1%
Investment Disclaimer: Analysis based on SL1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Park Street, Slough
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£4,533
Based on a loan of £900,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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