Lot 1 - 75 Mount Pleasant, Reading, Berkshire, RG1 2TF

  • Unconditional Online Auction Sale
  • Guide Price* : £390,000
  • Bedrooms: 3
  • Bathrooms: 3
  • Reception Rooms: 1

2 x 1 Bedroom Flats and One Large Studio in Central Reading With Off Road Parking.


Tenancy Details

Property Floor Accommodation Tenancy Details Current Annual Rent
Flat 1 Ground Studio £1200.00pcm £14,400
Flat 2 Ground 1 Bedroom £1300.00pcm £15,600
Flat 3 First 1 Bedroom £1200.00pcm £14,400

Description

The property comprises 2 x 1 bedroom apartment with one large Studio situated across ground and first floors This investment property is currently let on 12-month Assured Shorthold Tenancies (ASTs), producing an annual rental income of £44,400.00.

Tenure

Freehold

Accommodation

GROUND FLOOR

Flat 1 (Large Studio)
Hallway
Separate shower room
Kitchen/ Living Area / Bedroom

Flat 2
Kitchen / Living Area
Separate Very Large Bedroom
Large Shower Room

SPLIT LEVEL
Flat 3
Kitchen Breakfast Area
Stairs Leading to First Floor
Lounge
Separate Bedroom
Separate Bathroom

Location

Reading Station – 0.8 miles/1.3 km away (about a 15–20 min walk). Major hub with frequent services to London Paddington (20–25 min via Elizabeth Line and GWR), Waterloo, Bristol, the Midlands, and beyond

Tenancy

99 Years left on Lease

Sector

Residential

* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

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