This property has been taken off the market.

2 Bed Terraced House For Sale Audley Street, Reading, RG30

£290,000- Terraced

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Last Updated: 2nd June 2024

Description

An investment opportunity set within a popular west Reading address and within convenient reach of Reading west and mainline stations. The property has been split into 2 x1 bedroom flats and has been well-maintained with modern kitchens and also retains a number of period fireplaces. The property is let on AST's and is producing £19,080 pa.

Yield - *We believe the current rental value for a furnished let would be £1590 per calendar month which based on the asking price represents a possible gross rental yield of circa 6.9%

Additional Information: - Parking
On-street parking requires residents and visitors permits which are issued upon application by Reading Borough Council, charges apply, for an up to date list of charges please check reading.gov.uk \"permit charges\"

Part B
Property construction – Standard form
Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating

Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)

Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”

The property has a single skin wall on the rear addition and purchasers should make enquiries with their mortgage lender that this meets their criteria.

Garden - There is a paved and shingle garden with a timber shed.
Agent Details
Haslams Estate Agents
155, Friar Street, Reading, RG1 1HE
Show Contact Number
0118 960 1000

Investment Analysis

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Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested