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1 bedroom apartment for sale
Flat 72, 300 Kings Road, Reading RG1 4FL
£135,000
Flat 72, 300 Kings Road, Reading RG1 4FL
£135,000
Our Summary
- For sale on 29 October 2025 Our national property auction will be broadcast online with live auctioneers
- To bid by proxy, online, or by phone, please submit your registration form no later than 5pm the day before the auction
- The auction will commence at 09:00
- Terms: Auction Details: The sale of this property will take place on the stated date by way of Auction Event and is being sold under an Unconditional sale type
- Auction Deposit and Fees: The following deposits and non- refundable auctioneers fees apply: • 5% deposit (subject to a minimum of £5,000) • Buyers Fee of 4
- Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page
- This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties)
- Auction: 29
- Investment Opportunity
Description
This impressive 1-bedroom apartment is an excellent investment opportunity, generating a yearly rental income of over £17,000. Located in a highly desirable town center development, it's close to the train station, hospital, and university. The property offers a generous 13% gross return against the guide price, with tenants already in situ. The apartment features an open-plan kitchen/living/dining room, bedroom, and bathroom, as well as access to a concierge, residents' gym, and rooftop terrace. The sale is being conducted through an online auction, with bidding available by proxy, online, or by phone. The property is being sold on a leasehold basis, with a guide price and reserve price yet to be confirmed.