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Hemdean Road, Caversham, Reading... 2 bed apartment for sale
Hemdean Road, Caversham, Reading, Berkshire, RG4
£350,000
Hemdean Road, Caversham, Reading, Berkshire, RG4
£350,000
Our Summary
- For Sale by Modern Method Auction
- The commercial unit, which is now vacant, recently operated as a restaurant and was a previously a hairdressers salon for many years and has opportunity for a variety of business uses or conversion back to residential accommodation with the appropriate planning consents
- This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period")
- For Sale by Modern Auction – T & C’s apply
- For Sale by Modern Auction – T & C’s apply
- Investment Opportunity Or Business with Living Quarters
- Mixed Use Investment Opportunity
- Potential To Convert To Residential
- The Modern Method of Auction
Description
This prime Central Caversham property offers a unique opportunity to purchase a mixed-use investment or business premises with incorporated living accommodation. The ground floor commercial unit, previously a restaurant and hairdressers salon, is now vacant and can be used for a variety of business purposes or converted back to residential with the right planning consents. Above the commercial space is a one-bedroom split-level apartment, currently let for £1100 per month, featuring a lounge/diner, kitchen, and shower room on the first floor, and a double bedroom on the top floor. The property also includes a small courtyard garden and has potential for further development. This investment opportunity is ideal for an astute investor seeking an income-generating property or for someone looking to run a business with incorporated living quarters.