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 %
- Est sale value
- 2,669,759.00 £Increased by 48.67 %
- Average area rental value
- 1,989.00 £/moIncreased by 4.74 %
- Est letting value
- 8,654.00 £/moIncreased by 100.00 %
- Est rental Yield
- 4.55 %Decreased by 9.36 %
- Crime Rate
- 93.00 %Unchanged by 0.00 %
Agent Activity
Pike Smith & Kemp marked this listing as sold.
Pike Smith & Kemp created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Rbwm Alternative Learning Provision | Pupil Referral Unit | Good | 0.42 KM |
| St Luke'S Cofe Primary School | Academy Converter | Outstanding | 0.81 KM |
| Riverside Children'S Centre (Formerly Ellington) | Children's Centre | 0.98 KM | |
| Riverside Primary School And Nursery | Community School | Requires improvement | 1.09 KM |
| Oldfield Primary School | Community School | Outstanding | 1.10 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| A4 | £ 0 | 0 | 0.00 KM |
| St Mary's Walk | £ 0 | 0 | 0.00 KM |
| Providence Place | £ 268,500 | 0 | 0.00 KM |
| Howarth Road | £ 0 | 0 | 0.00 KM |
| Stafferton Link | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Maidenhead | 3147 | MAI | 1.03 KM |
| Furze Platt | 3144 | FZP | 1.86 KM |
| Taplow | 3151 | TAP | 3.68 KM |
| Cookham | 3019 | COO | 3.87 KM |
| Bourne End | 3018 | BNE | 5.99 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Maidenhead, Berkshire, SL6 8LT | £ 439,950 | BUY | 7 / 10 | 0.00 KM |
| Maidenhead, Berkshire, SL6 8LT | £ 267,500 | BUY | 7 / 10 | 0.00 KM |
| Maidenhead, Berkshire, SL6 8LT | £ 415,000 | BUY | 8 / 10 | 0.00 KM |
| Maidenhead, Berkshire, SL6 8LT | £ 302,500 | BUY | 6 / 10 | 0.00 KM |
| Maidenhead, Berkshire, SL6 8LT | £ 457,500 | BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 46a Forlease Road | £ 59,950 | 0.14 KM |
| 28 Forlease Road | £ 701,750 | 0.14 KM |
| 46 Forlease Road | £ 138,000 | 0.15 KM |
| 38 Forlease Road | £ 635,000 | 0.15 KM |
| 30 Forlease Road | £ 228,500 | 0.15 KM |