Initial price	£160,000
08/11/24	£125,000
Price Change	-21.88%

This investment opportunity is a first-floor, one-bedroom apartment in Reading, presented in great condition and converted into apartments in 2005. The property is located on Shinfeild Road, close to Reading town center, mainline station, and the M4 motorway, offering excellent links to London. The apartment features a double bedroom, living area, kitchen/diner, and shower room, with on-street parking available. The property generates a rental income of £850 PCM and has a 101-year lease. The service charge is approximately £1000 per annum, and ground rent is £100 per annum. The property is being sold through an online auction, with the buyer having 56 working days to exchange and complete once the draft contract is received.