Summary - 29 29 29 29 29 29 Southampton Street, Reading, Berkshire, RG1 RG1 2QX
1 bed 1 bath Commercial Property
**Key Features:**
- Freehold mixed-use property with significant investment potential
- Total size: 1,403 sq ft spread over three floors
- Current rental income of £36,000 per annum (7.2% yield)
- Basement included, with ground floor currently let as a commercial unit
- Two self-contained studio flats on the first floor, plus an additional bedroom on the second floor
- Excellent location on Southampton Street, close to Reading town center
- Affluent area with diverse amenities and quick transport links
This impressive freehold mixed-use property offers an exceptional investment opportunity in the vibrant and cosmopolitan neighborhood of Reading. With three generous floors, this Victorian gem currently hosts a commercial unit on the ground floor and two studio flats above, plus an extra bedroom for added versatility. Generating a solid rental income, it's perfect for savvy investors or first-time buyers keen on maximizing their returns.
While it boasts a promising income stream and a location close to local schools and amenities, potential buyers should consider the need for modernization to fully unlock the property’s value. With a basement space and flexible layout, future renovations could enhance both residential and commercial appeal, catering to a growing market in Reading. Don't miss your chance to secure an asset in this bustling area; opportunities like this are rare and won't last long.
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