- Town centre location
- 7 Individual flats
- 0.5 Miles from Reading Train Station
- Rental Income when fully let £103,500 per annum. (Excluding flat 8)
- Investment opportunity
Located in the heart of the city Centre, this block of 8 units comprises of 6 spacious, 2-bedroom self-contained flats. One self-contained 1-bedroom flat. A further 1 bed unit is yet to be completed. Close to the railway station, this unique development is currently operated as a rental business. Presented in top grade condition throughout, making it an ideal investment opportunity. The unit has private parking for up to 3 residents.
This great opportunity is located within walking distance of the Oracle Shopping Centre and 0.5 miles from Reading mainline railway station, offering direct services to London Paddington in 25 minutes and the soon to be operational Crossrail link to Central London.
Flat 1 - Vacant - would achieve £1300
Flat 2 - £1300
Flat 3 - Vacant - would achieve £1225
Flat 4 - £1175
Flat 5 - Vacant - would achieve £1225
Flat 6 - £950
Flat 7 - £1450 becoming vacant end of month
Flat 8 - Shell and could be converted into a studio flat - would achieve around the £950 mark
Rental Income when fully let £103,500 per annum. (Excluding flat 8)
Located in the heart of Berkshire, Reading is a modern and vibrant town, with a well-regarded university and college, both with large student populations. In addition to this, there are numerous tech-orientated companies based in and around the town along with several of the larger business consultancies. Viewings are highly recommended.
Reading Borough Council, Band C
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.