- INVESTMENT PURCHASE, POSSIBLE GROSS YIELD 7.5% +
- 2 Bedroom 2 bathroom apartment +
- Gated alliocated parking, residents lift & video entry system +
- Well-equipped kitchen area with appliances +
- Dual aspect iving room +
- Centrallly located landmark period building +
INVESTMENT OPPORTUNITY WITH TENANTS SITU
Forming part of a Georgian building of Bath stone within the Eldon Road Conservation Area, this ground-floor apartment combines period character with contemporary comfort. Converted by TA Fisher in 2006, the home includes a dual-aspect living and dining area, a separate kitchen with integrated appliances, and two double bedrooms — the main with an en suite and the second opening onto a private terrace. Additional features include gated parking and gas central heating. Perfectly positioned for Reading station, the Royal Berkshire Hospital and The Oracle, the apartment is offered with no onward chain.
Rental Yield - The property is rented on an assured shorthold tenancy ending 9th November 2026, currently rented at £1600 per calendar month which based on the asking price represents a possible gross rental yield of 7.5%
Additional Information: - Parking
The property has an allocated parking space accessed through electric gates
Lease information.
Years remaining: 129
Service charge: £2595.96
Ground rent: £150
Ground rent review period: Every 25 years, doubling to £300 in 2030
Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central 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 grade II listed