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REA180120_19
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Vastern Road, Reading, Berkshire, RG1

3 bedroom house in Reading

Guide Price £675,000 Freehold

  • Bedrooms 3
  • Bathrooms 3
  • Reception rooms 3
  • Floorplan
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PICTURES AND VIDEOS

KEY FEATURES

  • Freehold Investment Opportunity
  • Excellent Location opposite Reading Station & Walk to River Thames
  • Four Self Contained Apartments
  • Two Studios
  • One Bedroom First Floor Apartment
  • One Bedroom Split Level Apartment
  • Off Road Parking
  • 6% Rental Yield

Description

An opportunity to purchase a superb freehold investment of four apartments in this excellent location directly behind Reading Station. This three storey Victorian end terrace was converted to a high standard in 2020 to create four dwellings. There are two ground floor studio apartments, a first floor one bedroom apartment and a split level first and second floor one bedroom apartment. Each apartment is well presented and finished to a high spec. complete with fitted kitchens and shower rooms. The development further benefits from off road parking to the rear. The location and finish of these apartments make them excellent rental properties with a current estimated rental income of £40,800 when fully let giving a rental yield of 6%

Location

Vastern Road runs between Caversham Road and Reading Bridge between Reading Station and the River Thames from its southern bank. There are shops close by including a large 24hr Tesco superstore and Aldi just across the road. Riverside Walks and access to Caversham with its excellent selection of bars and restaurants is on hand with the new footbridge over the Thames just minutes’ walk away.

Reading is one of the south east's largest towns only 25 minutes from London by train, with trains running every five minutes or so, Reading is home to many of the city's commuters. Reading also has easy links by road or rail to Swindon, Oxford, Basingstoke, Heathrow and farther afield. Beyond the hive of commercial activity, Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away. Reading offers a rich mix of shops and markets. In the heart of the town, The Oracle combines chic boutiques with department stores such as Debenhams and House of Fraser and within a minute's walk there are many high-street favourites including John Lewis and Marks & Spencer. There are restaurants, cafes and brasseries to suit every taste in Reading. Plus there are numerous bars and restaurants on the Oracle Riverside.

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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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