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Property Listing Details

Property details

  • 8 bedrooms
  • 1 bathroom
  • 1 reception room

Features

  • Freehold
  • £57,600 Income Per Annum
  • 7% Gross Yield
  • Approx 1 Mile West Of Town Centre
  • High Footfall Area
  • Great Location
  • Strong Rental Area

Listing view statistics

Last 30 days: 225 page views

Since listed: 225 page views

Description

Two substantial freehold properties available for sale currently producing an annual income of £57,600. This rental powerhouse is made up of two street facing commercial units in the heart of the Oxford Road with three studio flats above one and a two bedroom duplex above the other. The plot can be accessed at the rear via Wantage Road and the back of the plot features a further one bedroom annex with the potential to extend further subject to the necessary planning consents. An excellent opportunity to acquire a pair of well looked after rental properties ready for new ownership.

Other Information...
Vendor Position: Motivated. No chain.
Available: Fully let or in vacant possession.
Annual Income: £57,600.00
Yield: 7% gross based upon current rent and £850k purchase price

Notice
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.

You could get

Superfast broadband Superfast broadband

Up to 100 Mbps (Source: Ofcom)

Floorplan

Map & Nearby

Local Amenities

  • Reading West 0.5 miles
  • Reading 1.3 miles
  • Wilson Primary School 0.2 miles
  • Battle Primary Academy 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Reading West 0.5 miles
  • Reading 1.3 miles
  • Wilson Primary School 0.2 miles
  • Battle Primary Academy 0.3 miles

Market stats

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The Agent

Price history

Sold prices provided by Land Registry
9th Oct 2019 £850,000 First listed

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Property descriptions and related information displayed on this page are marketing materials provided by Reading Estate Agent. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Reading Estate Agent for full details and further information.