Kings Road, Reading
- PROPERTY TYPE
Block of Apartments
- SIZE
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Key features
- 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
Description
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.
Brochures
Kings Road, ReadingBrochureTenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.
GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.
£0 per year
ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.
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LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.
246 years left
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Kings Road, Reading
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Reading Station0.9 miles
- Reading West Station1.6 miles
- Earley Station1.8 miles
About the agent
Brick Management and Lettings, Hampshire
Ferneberga House Alexandra Road, Farnborough, GU14 6DQ
Brick Management and Lettings is a leading buy-to-let property management company, accountable for hundreds of properties across the UK. We provide an efficient and transparent service for Landlords and Tenants alike.
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 32552812. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Brick Management and Lettings, Hampshire. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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