Property photos
Back to market
Freehold
Guide price
£499,000
Property for sale
Southampton Street, Reading, Berkshire RG11 bath
Local area information
Property location
Nearby amenities
- Katesgrove Primary School 0.1 miles
- Kendrick School 0.3 miles
- Reading 0.7 miles
- Reading West 1 mile
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
- Freehold
- Ideal for investment
- Basement
- Three floors
- Attractive Location
- Freehold
Galaxy Real Estate proudly presents this versatile freehold mixed-use property located in the heart of Reading.
Situated on the vibrant Southampton Street, this property offers significant potential for investors or owner-occupiers seeking a prime location with flexible options for commercial or residential use.
Key Features:
Current Rental Income: Fully let and generating an impressive £40,800 per annum, offering a high yield of approximately 8%.
Vacant Possession Option:
Available as vacant possession on completion, if preferred by the buyer.
Mixed-Use Layout:
Ground Floor: A commercial unit with a basement that is let out to a massage parlour.
First Floor: Comprises two self-contained studio flats, each with a kitchen and bathroom, ideal for rental income or staff housing.
Second Floor: Includes an additional bedroom, adding extra living space.
Close to Reading town centre, providing easy access to shops, supermarkets, restaurants, and excellent public transport links. Ideal for both business operations and residential living due to its central location and vibrant surroundings.
Investment or owner-occupier opportunity:
This property represents a rare chance to acquire a high-yielding asset with immediate rental income potential or to secure a strategically located property with the option to repurpose for your needs.
Contact Galaxy Real Estate today for more details or to arrange a viewing of this exceptional property.
Enquiries & Viewings:
If you would like to enquire or book an appointment, please contact us:
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Situated on the vibrant Southampton Street, this property offers significant potential for investors or owner-occupiers seeking a prime location with flexible options for commercial or residential use.
Key Features:
Current Rental Income: Fully let and generating an impressive £40,800 per annum, offering a high yield of approximately 8%.
Vacant Possession Option:
Available as vacant possession on completion, if preferred by the buyer.
Mixed-Use Layout:
Ground Floor: A commercial unit with a basement that is let out to a massage parlour.
First Floor: Comprises two self-contained studio flats, each with a kitchen and bathroom, ideal for rental income or staff housing.
Second Floor: Includes an additional bedroom, adding extra living space.
Close to Reading town centre, providing easy access to shops, supermarkets, restaurants, and excellent public transport links. Ideal for both business operations and residential living due to its central location and vibrant surroundings.
Investment or owner-occupier opportunity:
This property represents a rare chance to acquire a high-yielding asset with immediate rental income potential or to secure a strategically located property with the option to repurpose for your needs.
Contact Galaxy Real Estate today for more details or to arrange a viewing of this exceptional property.
Enquiries & Viewings:
If you would like to enquire or book an appointment, please contact us:
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More information
Listed by
Galaxy Real Estate
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Property descriptions and related information displayed on this page are marketing materials provided by - Galaxy Real Estate. Zoopla 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 Galaxy Real Estate for full details and further information.