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3 bedroom apartment for sale
Mount Pleasant, Reading, Berkshire, RG1
£375,000
Mount Pleasant, Reading, Berkshire, RG1
£375,000
Price History
Initial price | £400,000 |
18/07/24 | £375,000 |
Price Change | -6.25% |
Description
This is an exciting opportunity to purchase a town centre freehold consisting of three self-contained apartments, all fully let on Assured Shorthold Tenancy agreements. The property, located in Mount Pleasant, Reading, comprises two one-bedroom apartments and a studio apartment, each well-maintained and generating a combined rental income of £32,312.28 per annum. The apartments are conveniently located, with a strong demand for professional tenants and students, making it an excellent investment opportunity for first-time investors or those looking to expand their portfolio. The property is situated in the heart of Reading, with easy access to London, Oxford, and other major towns, and offers a rich mix of shops, markets, restaurants, and bars. Additionally, Reading is home to several top-ranked schools and Reading University, making it an attractive location for families and students alike.