3 bed detached house for sale in Mill Close, Wokingham, Berkshire RG41, £400,000

400,000.00

Offer Nr.:
62287818
Type of ad:
for Sale
Property type:
3 bed detached house
Bedrooms:
3
Bathrooms:
2
Reception rooms:
1
Contact name:
Hat and Home
Phone(s):
0118 443 0933

* Freehold
* Three bedrooms
* Modern and renovated kitchen
* Car port
* Self - contained studio apartment
* Fantastic investment property
* Potential income from studio apartment of £700 per month
* 5. 9% yield
Exceptional opportunity for investors, with high yield potential. This unique
three storey property benefits from three double bedrooms, immaculately
presented kitchen and bathrooms as well as driveway parking.
This modern three bedroom town house has been intelligently converted into two
separate types of accommodation consisting of a self - contained studio
apartment with the rest of the property offering two double bedrooms and a
large living area.
The property has had a major facelift throughout and the current sellers
benefit an income from having a tenant in the studio apartment. The current
sellers wanted to express the benefits of having a tenant in the studio
apartment saying "I have gained a fantastic steady flow of income from my
current tenant, who pays approximately £700 pcm. "
Upon entry you are met by a hallway providing access to the one bedroom studio
apartment. This has a bathroom with walk in shower, kitchen area that has a
gas hob and washing machine then through to the bedroom. There is also access
out to the rear of the property, which benefit from communal maintained
gardens.
To the first floor we have the spacious main living area which benefits from a
dual aspect flooding the room with light. To the left of the stairs there is a
brand new kitchen with glossy grey cabinets, integrated dishwasher and a gas
hob. To the right we follow through to a cosy living and dining area. This
floor is the perfect entertaining space.
Up the final staircase to the second floor there are two large double bedrooms
and a family bathroom that has been recently renovated. Both have large
windows and built in storage. The current owner has cleverly converted a
storage cupboard into a utility space.
Outside of the property you have a car port allowing parking for one car and
well maintained communal grounds to benefit all that live on the development.
The carport also provides coverage of the front door should you be met by the
turn in English weather.
The property is well positioned being a brisk walk from town centre and the
Wokingham Railway Station with direct lines to Reading, London Waterloo and
Gatwick Airport. Wokingham offers an array of independent and High Street
retailers as well as many pubs, bars and restaurants having undergone
significant investment into the local area in recent years.
This location also benefits from being close to the highly regarded schools of
Wokingham; The Holt Girls School and The Hawthorne’s Primary School.
A perfect investment for any landlords looking to maximise yield.


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