Summary - Nelson Terrace Nelson Terrace Nelson Terrace, Reading RG1 5AJ
1 bed 1 bath Apartment
Rented investment near hospital and The Oracle with allocated parking.
Ground-floor one-bedroom with private front door
A compact, low-maintenance one-bedroom ground-floor flat offered with a sitting tenant, making it immediately income-producing for investors. The property benefits from its own front door, allocated off-street parking and well-kept communal gardens, all within a five-minute walk of The Oracle shopping centre and Royal Berkshire Hospital.
Internally the apartment is modest in size (approximately 302 sq ft) but well presented, with a modern fitted kitchen, hardwood floors and a double bedroom with built-in storage. The long lease (999 years from 2012; 986 years remaining) and a share in the freehold reduce long-term ownership risk; service charge is £698.86 per year and there is no ground rent.
Currently let at £1,175 pcm (gross yield circa 7.23%), this is aimed at landlords seeking a secure, central-Reading rental with excellent local amenities, strong transport links and proximity to the university and hospital. Note the apartment’s small overall footprint — best suited to single occupants or couples — and that it is sold with tenancy in situ, so vacant possession would need tenant agreement or notice.
1 bedroom apartment for sale in Kendrick Road, Reading, RG1 — £165,000 • 1 bed • 1 bath • 398 ft²
1 bedroom apartment for sale in Muirfield Close, Reading, Berkshire, RG1 — £200,000 • 1 bed • 1 bath • 390 ft²
1 bedroom apartment for sale in Garrard House, Garrard Street, Reading, RG1 — £210,000 • 1 bed • 1 bath • 489 ft²
1 bedroom apartment for sale in Garrard House, Garrard Street, Reading, RG1 — £220,000 • 1 bed • 1 bath • 489 ft²
1 bedroom apartment for sale in Garrard House, Garrard Street, Reading, RG1 — £225,000 • 1 bed • 1 bath • 489 ft²
1 bedroom apartment for sale in Eldon Square, Reading, Berkshire, RG1 — £265,000 • 1 bed • 1 bath • 514 ft²
