Block of flats for sale in Kings Road, Reading RG1

Offers over £11,460,000
Interested in this property? Call +44 20 8033 8685 * or Request Details

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Block of flats for sale

Tenure:
Leasehold
Time remaining on lease:
Not available
Service charge:
Not available
Ground rent:
Not available
Council tax band:
Not available

Property features

  • Portfolio of 39, studio, one and two bedroom apartments for sale
  • All tenanted, so immediate income upon completion
  • Modern block located just a short walk from Reading centre
  • On site concierge service
  • On site gymnasium
  • On site sky garden
  • Over £570,000 rent roll per year
  • 250 year lease, with 246 years remaining

Property description

Fantastic opportunity to purchase A portfolio of studio, one and two bedroom apartments, close to reading town centre!

Brick Management are delighted to offer for sale a portfolio of 39 apartments in the highly sought after 300 Kings Road development, located just a ten minute walk from Reading town centre.

Boasting on site facilities such as a concierge service, gymnasium and sky terrace, 300 Kings Road is popular with professionals and students alike.

All apartments come with tenants in situ, so instant rental income upon completion of sale.

The 300 Kings Road portfolio achieves an annual rent roll in excess of £570,000 per year.

246 years remaining of 250 year lease.

Property info

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For more information about this property, please contact
Brick Management and Lettings Limited, GU14 on +44 20 8033 8685 * (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 Brick Management and Lettings Limited, and do not constitute property particulars. Please contact Brick Management and Lettings Limited 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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