Kings Road, Reading 1 bed apartment for sale

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Kings Road, Reading 1 bed apartment for sale

Kings Road, Reading
£165,000

Price History

Initial price £189,950
02/05/25 £175,000
04/06/25 £165,000
Price Change -13.14%

Description

This one-bedroom apartment in Hanover House is situated on the 7th floor, within walking distance of the mainline station and town centre. The open-plan living area features an integrated kitchen and modern bathroom suite with shower, and comes with allocated parking space. The property is currently tenanted until December 2024, offering a yield of over 8% to investors. The tenant is fixed until July 2025 and pays £1,250 per calendar month. The apartment benefits from a range of amenities, including a lift, and is connected to broadband and mobile networks. With a share of freehold and a 117-year lease remaining, this property presents a great opportunity for investors or those looking for a convenient and stylish living space.