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Virtual Tour
Floor Plan
Unavailable
£425,000
4 Bedroom Flat
South St, Reading
Key Features
- excellent location - 5 minutes walk to central reading
- comprises of 4 individual self contained units
- all units open plan living/kitchen areas
- flat 4, having own separate bedroom
- 1 car parking space available
- share of freehold available
- 999 year lease remaining - option to renew
- ***360 degree tour & floorplan***
- council tax: b
Property Description
***Cash purchase only ***Rare opportunity to acquire 4 studio flats located in a building very close to Reading Town Centre.
Comprising of 4 individual units on the first & second floors of this 3 storey building.
All rented out on individual AST's, with a combined income of £3375pcm, inclusive of all bills.
Available on an initial lease of approx. 999 years remaining, this property benefits with becoming 1 of 6 joint freeholders of the building.
Service charges that include insurance & other disbursements totalling £40 per annum.
Would be an ideal investment for an investor landlord, achieving a gross rental yield of 9.52%
***360 degree tour & floorplan***
Comprising of 4 individual units on the first & second floors of this 3 storey building.
All rented out on individual AST's, with a combined income of £3375pcm, inclusive of all bills.
Available on an initial lease of approx. 999 years remaining, this property benefits with becoming 1 of 6 joint freeholders of the building.
Service charges that include insurance & other disbursements totalling £40 per annum.
Would be an ideal investment for an investor landlord, achieving a gross rental yield of 9.52%
***360 degree tour & floorplan***
Map view