This property is no longer on the market
Residential development
Property description & features
- Tenure: Freehold
- Residential Development
- Freehold
A freehold income producing investment located in the desirable conservation area of Reading. This extremely attractive building consists of 15 units which comprises of 3 x one bedroom, 11 x two bedrooms and 1 x three-bedrooms luxurious apartments set within a sympathetically restored Georgian style property. Each apartment has high ceilings and sash windows, bespoke modern kitchens, and bathrooms of a high specification, including stone worktops and wooden flooring throughout.
Located in the heart of Berkshire, Reading is a modern and vibrant town that provides a strong and mature economy, with hi-tech industries and the creative sector contributing significantly to its success. Businesses are drawn to the area by the availability of a highly skilled workforce, access to international transport hubs (including Heathrow Airport), a high quality of life on offer and knowledge intensive business clusters.
Reading has direct rail links into London in 25 minutes; with Crossrail linking Reading with Central London, the City of London and Europe directly. Reading is also well located on the M4.
Currently receiving an approximate 6% yield for the AST Let units and 10% for the Short Lets. Schedule of income available on request.
Disclaimer: Internal images shown represent a selection of the apartments.
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Property reference HEO240020. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Goldschmidt & Howland - Hampstead.
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Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 17, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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