£495,000

   

ROI = 6% BMV = 0.3%
Description

An investment opportunity located in a sought-after development in the favoured University area of Reading. This 3-storey townhouse was built by Bewley Homes and conveniently positioned for the hospital, campus and town centre. The property is currently rented with 4 individual rooms, 1 with en suite and a separate ground floor studio. Garden - The garden is enclosed with panel fencing with rear pedestrian gated access. Additional Information: - Parking The property has driveway parking for one vehicle. 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 A Service charge: £120pa towards the upkeep of the development. 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” Part C The property has been subdivided on the ground floor and the garage converted to create a studio apartment. This is an informal alteration and without the relevant consents or building regulations. Applicants requiring mortgage finance should make enquiries with their lender to check the property meets the lenders criteria.

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Property Details
  • Property ID: 156887549
  • Added On: 2025-01-16
  • Deal Type: For Sale
  • Property Price: £495,000
  • Bedrooms: 4
  • Bathrooms: 1.00
Amenities
  • Investment Opportunity
  • University area address & convenient for campus and hospital
  • 3 Storey town house by Bewley Homes
  • Currently split with 4 Bedrooms with an additional ground floor studio
  • Off-road parking; Family bathroom & shower room
  • Being sold with tenants in situ on individual AST's