Padworth Avenue, Reading, RG2 52 bed block of apartments for sale

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Padworth Avenue, Reading, RG2 52 bed block of apartments for sale

Padworth Avenue, Reading, RG2
£9,250,000

Our Summary

  • Investment opportunity approximately 2

Description

Harlequin House is an investment opportunity located approximately 2.5 miles from central 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, let with individual tenancies that currently generate a gross rental income of £517,380 per annum. The apartments feature allocated parking spaces and are situated within impressive communal grounds, complete with a central piazza and amenities. The development offers excellent transport links, with easy access to Junction 11 of the M4, a dedicated bus service to Reading's mainline station, and the newly opened Green Park station within a 0.9-mile radius. The area is also home to a private hospital, BMW dealership, and Hilton Hotel, as well as being close to the Green Park business centre.
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