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2 bedroom apartment for sale
Pangbourne Street, Reading, Berkshire RG30
£300,000
Pangbourne Street, Reading, Berkshire RG30
£300,000
Our Summary
- Set in this convenient location just over a mile to the west of Reading town centre, this is an excellent opportunity to acquire a turn key freehold investment with potential to generate in excess of £21,000 per annum rental income
Description
[OUT]
This charming Victorian terrace house has been thoughtfully converted into two distinct one-bedroom apartments, each with its own independent utility connections, including gas and electric supplies with individual meters, and separate council tax accounts. Situated in the desirable West Reading area, just over a mile from the vibrant town centre of Reading, this property presents an attractive investment opportunity. The ground-floor apartment boasts a lounge, double bedroom, contemporary kitchen, and bathroom, along with its own private garden, currently let at £850 per month. The upper apartment, occupying the top two floors, features a lounge, kitchen/diner, and bathroom on the first level, with a generous bedroom on the top floor. Both apartments are well-appointed and in excellent condition, offering a combined rental income potential of over £21,000 per annum. The location is ideal, with proximity to local amenities, schools, and transport links, including Reading West train station and various bus routes, making it a perfect choice for an investor looking for a turnkey property in a sought-after area.