£11,460,000

Block of flats for sale

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Leasehold

Offers over

£11,460,000

Block of flats for sale

Kings Road, Reading RG1

Key Information

Tenure:
Leasehold (245 years)
Service charge:
Council tax band:
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • St John's Church of England Primary School 0.1 miles
  • Red Balloon Learner Centre Reading 0.1 miles
  • Reading 0.8 miles
  • Reading West 1.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Reading to find out more about the local area.

Features and description

  • Leasehold
  • Portfolio of 39, studio, one and two bedroom apartments for sale
  • All tenanted, so immediate income upon completion
  • Modern block located just a short walk from Reading centre
  • On site concierge service
  • On site gymnasium
  • On site sky garden
  • Over £570,000 rent roll per year
  • 250 year lease, with 246 years remaining
Fantastic opportunity to purchase A portfolio of studio, one and two bedroom apartments, close to reading town centre!

Brick Management are delighted to offer for sale a portfolio of 39 apartments in the highly sought after 300 Kings Road development, located just a ten minute walk from Reading town centre.

Boasting on site facilities such as a concierge service, gymnasium and sky terrace, 300 Kings Road is popular with professionals and students alike.

All apartments come with tenants in situ, so instant rental income upon completion of sale.

The 300 Kings Road portfolio achieves an annual rent roll in excess of £570,000 per year.

246 years remaining of 250 year lease.

Floor plans and tours

Floor plans

No floor plan available

Tours

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More information

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Listed by

Brick Management and Lettings Limited

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  1. Zoopla
  2. For sale
  3. Berkshire
  4. Reading
  5. Kings Road

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