2 bed flat for sale in 29-35 School Road, Tilehurst, Reading RG31, £175,000

175,000.00

Offer Nr.:
65210339
Type of ad:
for Sale
Property type:
2 bed flat
Bedrooms:
2
Bathrooms:
1
Reception rooms:
1
Contact name:
Haslams Estate Agents
Phone(s):
0118 443 9283

* Leasehold
* Investment Opportunity 6. 49% yield
* 2 Bedrooms
* 23'7 Living Room
* Kitchen - breakfast room
* Walking distance of amenities
* Being sold with tenant in - situ
An investment opportunity located above the Co - op in the centre of Tilehurst
village and is within walking distance of local amenities. The 2 bedroom
property is approached via a communal terrace walk - way and features a 23'7
living room with a separate kitchen - breakfast room. The property is an ideal
investment and is currently achieving a 6. 6% yield.
**Agents Note**
The property is being offered to sell to investors only and prospective
purchasers requiring mortgage finance should investigate with their
lender/broker if the property meets their lending criteria.
**Communal Courtyard**
There is a communal courtyard which provides access to each of the properties.
**Lease Information**
Years remaining: 174
Service charge: Circa £500 pa (on an 'as and when basis')
Ground rent: £0
lease note: Lease and service charge details are provided as a guide and are
based on information supplied by the seller
**Rental Information**
The property is being sold with a tenant in situ with the rent of £947. 40 paid
by the rent guarantee scheme via Reading Borough Council. Based on the current
asking price, represents a gross rental yield of 6. 49%

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