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Northumberland Avenue, Reading, Berkshire, RG2

Studio in Reading

Guide Price £130,000 Share of Freehold

  • Bathrooms 1
  • Reception rooms 1
  • Floorplan

PICTURES AND VIDEOS

KEY FEATURES

  • Excellent 'Turn-Key' Investment Opportunity
  • Buy with Tenant in Situ Paying £650 Per Month
  • 6% Rental Yield
  • Ground Floor Studio Flat with Garden
  • Off Road Parking
  • Communal Gardens
  • Development of just 6 Apartments

KEY INFORMATION

  • Tenure: Share of Freehold

Description

For sale with a tenant in situ generating a rental yield of 6% is this well-presented ground floor studio flat with a private garden. The property is one of just 6 modern conversion apartments converted in 2017 and located under a mile from Reading Town Centre, half a mile from the University of Reading and offering excellent access to the M4 at Junction 11 and Green Park. The property comprises, a bright open plan living space with a bay window, a modern Howden's kitchen and fully tiled shower room. The property further benefits from a private terrace garden to the front, an off road allocated parking space and access to a landscaped communal garden to the rear. The current tenant, has been fully referenced and has an assured shorthold tenancy agreement in place paying £650 per calendar month making this an ideal 'turn-key' investment.

Location

Northumberland Avenue runs from Christchurch Gardens to the South of Reading Town Centre. It is just over a mile from Junction 11 of the M4, Green Park and the home of Reading Football Club, the Madjeski Stadium. There are a wealth of local amenities close by with a Lidl just around the corner as well as Morrison’s supermarket nearby and lots of independent and specialist stores on hand. South Reading is serviced by the number 5 and 6 buses which run regularly into Reading Town Centre. There are several local schools, South Reading Leisure Centre boasts a gym, swimming pool, Tennis Courts and 5-a-side football pitches. There are lots of parks and open spaces including Whitley Wood and John Rabson Recreation grounds. To add to all of this one of the south of England's premier indoor climbing centre can be found in South Reading along with an indoor Go-Karting arena.
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Meet the Team

Located just 36 miles from Central London and 24 miles from Oxford, Reading's geographical placement is perfect for living and working or commuting. Michael and James are established professionals who have years of combined experience and local knowledge and can offer you a friendly approach and unparalleled service.

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