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.