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]
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.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by AH Lansley - Reading. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact AH Lansley - Reading for full details and further information.