Summary - Reading, Berkshire, RG61LH RG6 1LH
1 bed 1 bath Retail Property (high street)
**Standout Features:**
- Prime retail location with high footfall in Reading, Berkshire, RG61LH
- Asking price: £365,000
- Rental income: £16,000 per annum
- Spacious 2-bedroom flat included
- Total accommodation size: approx. 1,415 sq ft (131.49 sqm)
- Located in a cosmopolitan neighbourhood, close to schools and amenities
- Long-term lease expiring in 2042
**Overview:**
Discover a promising investment opportunity with this prime high street retail property in Reading. Priced at £365,000, this unique offering includes a 2-bedroom flat and generates a steady rental income of £16,000 per annum. Spanning approximately 1,415 sq ft, this sizable property boasts a desirable location with excellent access to public transport, including several bus stops and railway stations within a short distance.
Surrounded by essential amenities—think cafes, shops, and healthcare services—this property is well-suited for investors looking to cater to the vibrant local student population and families in the area. While the location is advantageous, it's important to note that the lease has 19 years remaining, which may pose challenges for certain mortgage lenders. Additionally, the local crime rate is above average, warranting buyer awareness.
This is a rare opportunity to enter the flourishing Reading property market. Don't miss out on staking your claim in this high-demand area!
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