MAIDENHEAD - Offices and residential with development potential
PI

MAIDENHEAD - Offices and residential with development potential

By Pike Smith & Kemp

£ 850,000

Reviews

2 out of 5 stars

Pike Smith & Kemp says ..

An opportunity to acquire the freehold interest, with vacant possession, of this substantial period building located in central Maidenhead opposite Waitrose car park. The building, which extends to over 4000 sq ft, is currently arranged with offices, predominantly on the ground, floor and residen...

Property Oracle says ..

This property in Maidenhead, Berkshire, presents a mixed bag. It’s a sizeable property with a total area of 4,327 square feet, boasting 3 bedrooms and 2 bathrooms. The location in St Mary’s, Maidenhead offers convenience, with relatively close proximity to Maidenhead train station and several schools rated ‘Good’ or ‘Outstanding’ by Ofsted. The transport links are another notable asset.

However, several factors impact the property’s overall attractiveness. The provided photos reveal that the property is in need of modernization. Aspects such as the dated carpets, bathrooms (particularly the red bathroom), and office space would likely require significant renovation. While there is a small courtyard area, there isn’t a substantial garden. The lack of plot size data is a significant drawback in the evaluation.

Further complicating the assessment is the lack of detailed comparable property sales data in the immediate vicinity. The existing nearby properties’ listings lack sufficient price-per-square-foot data to allow a reliable market value comparison. The list price is quite significant, and while the size and location hold appeal, the need for substantial renovation and the absence of detailed market data make it difficult to firmly establish the list price’s reasonableness. A thorough survey to determine both its existing condition and potential future development would be wise. The potential of development adds complexity to its evaluation and might greatly impact its actual worth. This would require additional planning permission research, feasibility study of development, and cost analysis.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
3
Bedrooms
3
Bathrooms
2
Sqft (est)
4,327.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
524,714.00 £
Increased by 15.54 %
from 454,148.00 £
Est sale value
2,669,759.00 £
Increased by 48.67 %
from 1,795,705.00 £
Average area rental value
1,989.00 £/mo
Increased by 4.74 %
from 1,899.00 £/mo
Est letting value
8,654.00 £/mo
Increased by 100.00 %
from 4,327.00 £/mo
Est rental Yield
4.55 %
Decreased by 9.36 %
from 5.02 %
Crime Rate
93.00 %
Unchanged by 0.00 %
from 93.00 %

Agent Activity

  • Pike Smith & Kemp marked this listing as sold.

  • Pike Smith & Kemp created the listing.

Nearby Schools

NameTypeOfstedDistance
Rbwm Alternative Learning ProvisionPupil Referral UnitGood0.42 KM
St Luke'S Cofe Primary SchoolAcademy ConverterOutstanding0.81 KM
Riverside Children'S Centre (Formerly Ellington)Children's Centre0.98 KM
Riverside Primary School And NurseryCommunity SchoolRequires improvement1.09 KM
Oldfield Primary SchoolCommunity SchoolOutstanding1.10 KM

Images

View of property  57 Main office 57 Rear office Courtyard Maisonette Maisonette Maisonette Maisonette Maisonette Maisonette Maisonette First floor courtyard Rear building GF Rear building FF Rear building FF 55 Front office 55 Rear office 55 First floor 55 First floor View of property

Nearby Streets

NameAverage PriceAverage SqftDistance
A4 £ 000.00 KM
St Mary's Walk £ 000.00 KM
Providence Place £ 268,50000.00 KM
Howarth Road £ 000.00 KM
Stafferton Link £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Maidenhead3147MAI1.03 KM
Furze Platt3144FZP1.86 KM
Taplow3151TAP3.68 KM
Cookham3019COO3.87 KM
Bourne End3018BNE5.99 KM

Nearby Listings

AddressPriceTypeScoreDistance
Maidenhead, Berkshire, SL6 8LT £ 439,950BUY7 / 100.00 KM
Maidenhead, Berkshire, SL6 8LT £ 267,500BUY7 / 100.00 KM
Maidenhead, Berkshire, SL6 8LT £ 415,000BUY8 / 100.00 KM
Maidenhead, Berkshire, SL6 8LT £ 302,500BUY6 / 100.00 KM
Maidenhead, Berkshire, SL6 8LT £ 457,500BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
46a Forlease Road £ 59,9500.14 KM
28 Forlease Road £ 701,7500.14 KM
46 Forlease Road £ 138,0000.15 KM
38 Forlease Road £ 635,0000.15 KM
30 Forlease Road £ 228,5000.15 KM