Flat for sale in Osprey House, Bedwyn Mews, Reading, Berkshire RG2

Guide price £300,000
Interested in this property? Call +44 118 443 9016 * or Request Details

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Flat for sale - 2 bedrooms

2 2 1 EPC Rating: C EPC Rating: C

Tenure:
Leasehold
Time remaining on lease:
980 years
Service charge:
£2,400 per year
Ground rent:
£480
Council tax band:
C

Property features

  • Investment Buyers Only - Available with tenants in situ
  • Generating £18,000 Rental Income Per Annum (6%gross Yield)
  • Third Floor Apartment With Private Balcony
  • Two Double Bedrooms
  • Modern fitted kitchen with integrated appliances
  • Two bathrooms
  • Gated allocated parking space

Property description

This well presented third floor apartment is available as a turn-key investment with a fully referenced tenant in situ and would make an ideal investment purchase currently generating £18,000 rental income per annum (6 % gross yield). Built by Berkeley Homes and situated on the ever popular Kennet Island development, conveniently located close to junction 11 of the M4 and Green Park and offering excellent access in to Reading Town Centre with regular bus services and cycle routes. Kennet Island also benefits from the Piazza which provides a good range of facilites along with a private hospital and the Hilton Hotel. The property comprises; two double bedrooms, bathroom, en suite tobedroom one and an open-plan lounge/kitchen with integrated appliances. The property benefits from a balcony, lift access and gated allocated parking.

Location: Reading is one of the south east's largest towns just over 20 minutes from London by train, with trains running every five minutes or so. Home to many of the city's commuters there are excellent road or rail links to Heathrow, Swindon, Oxford, Basingstoke and farther afield. Reading is nestled in the heart of Royal Berkshire with beautiful countryside never being far away. There are lovely riverside walks along the River Thames tow paths and the Kennet and Avon Canal and the Berkshire and Chiltern Downs are not far away. Reading offers a rich mix of shops and markets. In the heart of the town and located on the banks of the River Kennet is The Oracle shopping centre which combines chic boutiques along with high street favourites including, H & M, Victoria’s Secret, River Island and Reiss. 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. In the surrounding countryside you will also find an excellent range of farm shops and microbreweries selling an array of local produce.

Property info

Floorplan(s): Floorplan

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Winkworth - Reading, RG1 on +44 118 443 9016 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Winkworth - Reading, and do not constitute property particulars. Please contact Winkworth - Reading for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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