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Padworth Avenue, Reading, RG2 52 bed block of apartments for sale
Padworth Avenue, Reading, RG2
£8,500,000
Padworth Avenue, Reading, RG2
£8,500,000
Our Summary
- Investment opportunity approximately 2
- Investment opportunity- Whole Block
Description
Harlequin House is a lucrative investment opportunity located approximately 2.5 miles from Reading's mainline station, within the sought-after Kennet Island development by Berkeley Homes. The property comprises 30 apartments, including 8 one-bedroom and 22 two-bedroom units, which are currently let with individual tenancies and generating a gross rental income of £517,380 per annum. The apartments come with allocated parking spaces and are situated within beautifully landscaped communal grounds featuring a central piazza and amenities. The development boasts excellent transport links, with easy access to the M4 motorway, a dedicated bus service to Reading's mainline station, and the newly opened Green Park station just 0.9 miles away. The property is also close to the Circle private hospital, a BMW dealership, and the Hilton Hotel, as well as the Green Park business centre.