1 bed Flat For Sale £265,000
Abbey Square, Reading

Situated right in the centre of Reading is this unusually sized one bedroom apartment, larger than most two beds and with light and airy south facing rooms. The property is currently let so can be purchased as a furnished investment or with vacant possession. Ideally positioned within close proximity of the town centre benefits and excellent transport links.

Lease Details - The vendor is in the process of obtaining a lease of 125 years which will be formalised on completion. The service charge of £1198 every 6 months will remain the same with a peppercorn ground rent.

Rental Yield - *We believe the current rental value for a furnished let would be £1300 per calendar month which based on the asking price represents a possible gross rental yield of 5.9%