2 bedroom mews property for sale

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2 bedroom mews property for sale

Artillery Mews, Tilehurst Road, Reading, RG30 2JN
£250,000

Our Summary

  • 24%Strong local rental demand due to proximity to transport, amenities, and business hubsPotential for long-term tenant retention due to quality, character, and locationRental - £1,400pcmService Charge - £1,000 (£500 twice a year)Ground Rent - £200pa (frozen for 10 years)Lease 98 yearsNet Yield - 6

Description

This charming two-bedroom home in the exclusive Artillery Mews development, tucked away off Tilehurst Road, offers a rare opportunity to own a distinctive property with period charm and modern living. With no onward chain and now vacant, the property has previously achieved £1,400pcm in rental income, providing a net yield of 6.24%. The home features a generous living/dining area, separate fitted kitchen, and two comfortable bedrooms, all set within a secure gated development with allocated parking. The property benefits from a beautifully maintained communal garden and is perfectly positioned just 0.5 miles from Reading West Station and 1 mile from Reading Town Centre, offering excellent transport links and proximity to amenities. With a ground rent frozen for the next 10 years and generous service charges, this property is an attractive investment opportunity for landlords and a unique chance to own a stylish home with historical pedigree.