Flat for sale in Kings Road, Reading RG1
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Property features
- Walking distance of town centre
- 7th floor apartment
- Allocated parking space
- Tenant in situ until December 2024. Yield >8%
- Open plan living accommodation
- Modern office conversion
Property description
Haslams: This one bedroom apartment in Hanover House is located within walking distance of the mainline station and the vibrant town centre with easy access to the shops and riverside restaurants of the Oracle.
Located on the 7th floor of this block the open plan living area is well-equipped with an integrated kitchen alongside a modern bathroom suite with shower. This specific property also benefits from allocated parking space.
This specific apartment is offered for sale with a tenant in situ and so is ideal to investors offering a yield in excess of 8%. The new tenant is fixed until December 2024.
Additional Information:
Parking
There is allocated parking available at the property
Part A
Lease information. (Share of freehold)
Years remaining: 117
Service charge: £1,821.22
Ground rent: N/A
Part B
Property construction – Standard form
Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Electric 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”
The property is located on the top floor and accessed via a lift.
Rental Yield
There is a tenant in situ until December 2024 paying £1,250 per calendar month.
Property info
For more information about this property, please contact
Haslams Estate Agents, RG1 on +44 118 443 9283 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Haslams Estate Agents, and do not constitute property particulars. Please contact Haslams Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.