Flat for sale in Pangbourne Street, Reading, Berkshire RG30

A converted Victorian terrace house consisting of two 1 bedroom apartments each with their own gas and electric supplies and meters and separate council tax accounts. Set in this convenient location just over a mile to the west of Reading town centre, this is an excellent opportunity to acquire a turn key freehold investment with potential to generate in excess of £21,000 per annum rental income. The Ground floor garden flat is currently let at £850 per month and comprises a lounge, double bedroom, modern fitted kitchen and bathroom and benefits from its own private garden. Flat two is split level over the top two floors with a lounge, kitchen/diner and bathroom on the first floor and spacious bedroom on the top floor. The property is well presented throughout and is an excellent opportunity for an investor to secure a readymade income generating property in a great location.

Location: Pangbourne Street runs from Oxford Road to its south and Stone Street to its north just over a mile from Reading Town Centre. West Reading covers an area in between Reading Town Centre to the east, Tilehurst to the West and Southcote to its South. The three main roads leading into Reading; the Bath Road, Tilehurst Road and the Oxford Roads all run through West Reading, offering excellent transport links into the Town Centre and M4 via the A4 or A33. There are some great schools in the area such as Wilson Primary School & St Edward’s Prep School. The Oxford Road is a vibrant area with a diverse range of shops and restaurants. Transport links include Reading West train station with trains to Newbury and London and several bus routes. There is a range of local amenities including a large Tesco superstore, a public swimming pool and some excellent outside spaces such as Prospect Park which is Reading's largest public park. Property in the area includes grand Victorian town houses, smaller terrace homes, and modern homes and apartments.