Summary - 75 MOUNT PLEASANT READING RG1 2TF
1 bed 1 bath Apartment
**Standout Features:**
- Freehold ownership
- Two 1-bedroom flats and one large studio, all currently rented
- Annual rental income of £44,400
- Off-street parking space
- Victorian-style corner building
**Potential Concerns:**
- Sold at auction
- Requires ongoing maintenance due to its age
- Average crime rate in the area
This exceptional Victorian corner building is a prime investment property located in a bustling cosmopolitan student neighborhood of Reading. Comprising two 1-bedroom apartments and a spacious studio, all units are currently generating a substantial annual rental income of £44,400, making this an ideal opportunity for investors seeking immediate cash flow. With off-street parking and fast broadband, convenience is paramount, while proximity to Reading Station and local amenities enhances its desirability.
Investors will appreciate the flexibility of freehold ownership and the potential for future renovations to increase value. However, as the property is being sold at auction, potential buyers should be prepared for necessary upkeep reflective of its historic charm. While the area boasts an average crime rate, its affluent locale and access to excellent schools—including top-ranked independent and state-funded options—add significant appeal for families and renters alike. Don’t miss out on this unique investment opportunity that blends comfort, community, and potential for growth. Act quickly—properties like this are in high demand!
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