Offers over
£11,460,000
Block of flats for saleKings Road, Reading RG1
- Leasehold
Brick Management and Lettings Limited
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About this property
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.
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More information
Tenure
Leasehold (244 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review