Description
An opportunity to acquire an investment property located in a residential address close to the town centre with easy access to the mainline station. This three-storey Victorian townhouse has been sub-divided into two flats with a certificate of lawful use to create a 2 bedroom split-level flat and a 1 bedroom lower ground floor flat with shared access to the low-maintenance shingled garden.
Yield - *We believe the current rental value for a furnished let would be £1700 per calendar month which based on the asking price represents a possible gross rental yield of circa 6.8%
Additional Information: - Parking
On-street parking requires residents and visitors permits which are issued upon application by Reading Borough Council, charges apply, for an up to date list of charges please check reading.gov.uk "permit charges"
Part B
Property construction - Standard form
Services:
Gas - mains
Water - mains
Drainage - mains
Electricity - mains
Heating - Split-level flat gas central heating
Lower ground floor flat -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"
Flooding
We understand the surface water flood risk summary for the area around the property is considered high however, this information is not specific to a property For further information please check the gov.uk website "long term flood risk".
Epc's - Basement flat- Rating E
Ground floor flat- Rating C
EPC's can be found on the below link;