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6 bed property
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Our Summary
- Freehold mixed use investment opportunity
- This substantial freehold building represents a premier investment opportunity situated in the absolute heart of Reading
- The property is perfectly positioned to capitalise on the thriving local rental market, with the residential units offering significant potential for high-yield short-term or serviced accommodation strategies alongside traditional letting models
- One of the standout features of this property is its potential for generating a substantial annual income of £158,000, showcasing a strong yield that is attractive for long-term rental sustainability
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Description
The property is a substantial freehold building located in the heart of Reading's town centre, comprising six one-bedroom apartments and two ground-floor retail units. The building is positioned to capitalize on the local rental market, offering a diversified mix of income potential, including short-term let strategies alongside traditional letting models. The location provides immediate access to The Oracle shopping, as well as high-street retail, independent cafes, and riverside dining.
The property also benefits from its proximity to Reading Station, with direct Elizabeth Line access to London Paddington, making it a prime area for commuters.