2 bedroom flat for sale

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2 bedroom flat for sale

Great Lea Terrace, Three Mile Cross, Reading, RG7
£150,000

Price History

Initial price £155,000
29/11/24 £150,000
Price Change -3.23%

Description

This 2-bedroom flat in Reading offers a fantastic opportunity for investors to expand their portfolio. The well-kept home features two bedrooms, a three-piece bathroom, a spacious lounge, kitchen, private parking, and a rear garden. Currently, the property produces an annual gross income of £13,104, which could be increased to a market rate of £13,500 with the new owner. The current tenants, who have consistently paid their rent, do not intend to move out, providing a stable income stream. With a valuable location and rewarding rental returns, this property is a worthwhile addition to any investor's portfolio.