**Key Features:**
- 2 Bedrooms, 1 Bathroom
- Currently rented at £13,104 pa (6.8% gross yield)
- Allocated car-port with communal gated access
- Walking distance to mainline station and Oracle shopping centre
- Small garden area
- 88 years remaining on lease (with an option to extend to 990 years)
Discover a charming investment opportunity in the heart of Reading with this first-floor apartment featuring two cozy bedrooms and a functional living room filled with natural light. Currently generating a stable rental income of £13,104 per annum, this apartment offers an attractive 6.8% gross yield, making it perfect for savvy investors looking for steady returns.
Enjoy the convenience of a communal gated car-port and the vibrant town centre just a short stroll away, granting easy access to essential amenities and transportation links. While the apartment benefits from modern fixtures in the kitchen and a functional layout, potential buyers should note the property’s small size and the area's higher-than-average crime rate, which could impact desirability. The electric storage heaters and limited broadband speeds represent minor maintenance concerns but also present renovation potential for added value.
Take advantage of this rare chance to secure a solid investment in an evolving urban area—properties like this don't stay on the market long!
