1 Bed Flat For Sale Prince Of Wales Avenue, Reading, RG30

£150,000- Flat

1 of 8
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Last Updated: 19th June 2024

Description

**NO ONWARD CHAIN COMPLICATIONS** Hunters Reading are pleased to offer this one bedroom flat located within easy access of Reading Town Centre & Reading Station. The property is set on the first floor and is comprised of a fitted kitchen, spacious lounge area, double bedroom and fitted bathroom with shower over bath.

Yield - The current rental being achieved is £845 per calendar month which based on the asking price represents a rental yield of circa 6.8%

Ground Rent = £150 per year
Service Charge = £2474.50 per year
Leasehold - 125 years from 2003
Agent Details
Westgate Residential
46 Erleigh Road, Reading, Berkshire, RG1 5NA
Show Contact Number
0118 966 8001

Investment Analysis

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Calculators

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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