£875,000
Est. Mortgage £3,991 per month*

4 bedroom house for sale

Alma Street, Reading RG30
house house
bedrooms 4 bedrooms

Property description

Lansley - FOR SALE – Freehold Investment | Alma Street, Reading RG30
Mixed-Use Garage & Residential Property – Fully Let
An excellent opportunity to acquire a well-maintained, fully let freehold investment comprising a long-established garage/workshop (est. 1957), studio flat, 1-bed flat, and 3-bed maisonette.
• Total Rental Income: £6,850 pcm / £82,200 p.a. (incl. electricity & water for flats)
• Net Income (after utilities): approx. £79,200 p.a.
• Net Yield: approx. 9.1% (based on £875,000 asking price)
• Approx. 3,500 sq.ft / 325 m² GIA
• Potential for development above the garage (subject to planning)
• Convenient West Reading location – close to town centre, A4 & M4 links
A rare, income-producing asset with long-term growth potential and diversified rental stream.
Price: £875,000 Freehold
Ref: DR.1611
Enquiries: Lansley Commercial –[use Contact Agent Button]

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Alma Street, Reading RG30

Marketed by

AH Lansley - Reading 111 Oxford Road Reading RG1 7UH
Call agent on 0118 443 0358
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£3,991
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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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