This studio apartment is offered to the market with no onward chain complications. It is located just a short walk to Reading train station and the Oracle shopping centre. The property is in need of some updating and has been recently rented out and is achieving a 6.9% yield based on the Guide price. There are 118 years left on the lease.
The property has an open plan sitting/bedroom, a kitchen, and a bathroom and it has electric heating. There is a lift to all floors. There is a garage in a block and ample permit parking spaces.
Reading has non-stop services to London Paddington, access to Jct. 11 & 12 of the M4, and is within 30 miles of London Heathrow, central Reading is a desirable area for commuters and families alike. The town is made up of old and new, the Town Hall, Abbey Ruins, and Forbury Gardens are complemented by the newly developed Train Station and Oracle Shopping Centre offering numerous bars, restaurants, and the latest shops. Reading is set between the River Thames and River Kennet which meanders through the centre. There is no shortage of leisure facilities with various gyms, clubs, and societies not to mention its own football and rugby teams. Reading boasts its renowned university along with college and highly sought-after primary and secondary schools.
EPC band: C