Flat for sale in St. Marys Road, Newbury, Berkshire RG14

Park Reach is a modern, contemporary style building located close to Victoria Park, in the centre of Newbury. From the properties it is a very easy walk to the town centre and mainline station making it a desirable position for tenants. This means that these properties are always let easily with no void periods. The four flats that are for sale, which belong to one owner, are let on Assured Shorthold tenancy agreements. Currently the rent for the four units per month is approximately £5,000, but the rental market has been extremely strong recently and is likely that if these apartments were re-let in the future that higher monthly rents would be achieved. Please contact the selling agents for all information relating to the current tenancy agreements. The information relating to these properties can be seen in the original brochure for the development.

Tenure – please note that this block is 100% private owners, the apartments benefit from a share of the freehold, so there is no ground rent and a low service charge.