Guide price
£600,000
4 bed terraced house for salePriory Avenue, Caversham, Reading RG4
4 beds
4 baths
4 receptions
About this property
4 Studio Flats Within Freehold Terrace House
No Onward Chain (or with tenants in situation)
Prime Central Caversham Location
Well Maintained Throughout
Communal Rear Garden With Pedestrian Rear Access
Certificate Of Lawfulness Granted 5/3/2009
Pervious Rental Income of £42,764 per annum
Gas & Electric Certification Availbale
Having been divided into 4 self-contained studio apartments, this attractive Victorian mid-terrace property of 125sq. M. (1347sq. Ft.), is ideally located meters from Caversham Village centre with a range of amenities and services, and is 1 mile from the Reading Train Station, crossing the River Thames with meadows on the way hence an attractive and convenient position for tenants.
With a Certificate of Lawfulness granted in 2009, this long established investment has formerly generated £42,764 income per annum (to include gas). The ground floor comprises of 2 units each with direct access to the rear garden. Flat 1 features a recently updated kitchen which is open plan to a living area which in turn leads to a separate bedroom which in turn leads to a shower room. Having also been recently updated, Flat 2 includes a front aspect living/bedroom with fitted pull-down bed, shower room, and modern kitchen with French doors opening to the garden. On the first floor, Flat 3 sits above Flat 1 towards the rear of the building and features rear aspect living room, separate rear aspect kitchen, bedroom and en-suite shower room. Flat 4 is the largest and has also been recently updated to include a spacious living room/bedroom spanning the first floor frontage of the property an also includes a modern shower room and well appointed modern kitchen.
Each unit has individual electrically heated hot water and independent electricity billing while gas fired central heating is provided via 1 boiler covering shared central heating system which is controlled by each property individually via room/radiator thermostats.
Please contact Sansome & George to schedule a viewing appointment or to discuss this opportunity in more detail with full documentation available upon request.
Reading Borough Council - Band B per unit
Purchasers Note:- Some photographs within these sales particulars may have been digitally enhanced to improve presentation, including the removal of temporary items, clutter and personal belongings. The images remain a fair representation of the property and no structural alterations have been made. Prospective purchasers should satisfy themselves as to the condition, size, layout and features of the property through inspection and their own enquiries.
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