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£875,000

4 bed detached house for sale
Alma Street, Reading RG30

    • 4 beds

    • 3 baths

    • 3 receptions

  • EPC Rating: D

  • Freehold

Lansley Property Agents

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About this property

    Lansley - for sale – Freehold Investment | Alma Street, Reading RG30
    Mixed-Use Garage & Residential Property – Fully Let
    An excellent opportunity to acquire a well-maintained, fully let freehold investment comprising a long-established garage/workshop (est. 1957), studio flat, 1-bed flat, and 3-bed maisonette.
    • Total Rental Income: £6,850 pcm / £82,200 p.a. (incl. Electricity & water for flats)
    • Net Income (after utilities): Approx. £79,200 p.a.
    • Net Yield: Approx. 9.1% (based on £875,000 asking price)
    • Approx. 3,500 sq.ft / 325 m2 gia
    • Potential for development above the garage (subject to planning)
    • Convenient West Reading location – close to town centre, A4 & M4 links
    A rare, income-producing asset with long-term growth potential and diversified rental stream.
    Price: £875,000 Freehold
    Ref: Dr.1611
    Enquiries: Lansley Commercial –

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    • Tenure

      Freehold

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    Property descriptions and related information displayed on this page are marketing materials provided by - Lansley Property Agents. 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 Lansley Property Agents for full details and further information.