Oxford Road, Reading RG30
- PROPERTY TYPE
Town House
- BEDROOMS
26
- BATHROOMS
16
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- For sale via auction on Thursday 3rd December at 12pm
- Investment opportunity in central Reading address
- 5 properties comprising 16 flats -1x 3 beds, 8 x 2 beds and 7 x 1 beds plus Garages to rear
- Being sold with tenants in situ
- The property offers a potential gross annual income of £217,000, assuming full occupancy
- Walking distance of town centre and both mainline and Reading west stations
Description
An established residential investment opportunity situated on the outskirts of Reading town centre, conveniently located for Reading mainline station, Reading West station and a range of local amenities and transport links. The portfolio comprises five houses, each benefiting from a Certificate of Lawful Use and collectively arranged as 16 flats, together with a number of garages situated to the rear. All flats are currently tenanted and managed by Haslams, offering investors an established rental portfolio with existing management in place. The portfolio when fully occupied, produces a total gross rental income of approximately £217,000 per annum. Ideally positioned for the town centre and transport connections, this portfolio presents an opportunity for investors seeking an established residential investment with tenants in situ and ongoing professional management.
Auction Information - Auction end date and time: Thursday 3rd December at 12pm
The auction will be exclusively available online via our website including the legal pack information.
The registration process is extremely simple and free. Please visit Haslams website: and click on the 'online auction' tab
A 'register' button can be found on this page or by clicking into the individual listing.
Stage 1) Register your email address, create a password and confirm your account.
Stage 2) View the legal pack and arrange any viewings
Stage 3) If you would like to bid, use the 'dashboard' button and complete your ID check and enter your payment and solicitors details
Stage 4) You are ready to bid - Good Luck!
Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. The reserve price is not disclosed and remains confidential between the seller and the auctioneer and is set within the guide range.
A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids.
Some Vendors may consider offers prior to the auction. These offers can only be submitted via Haslams and under auction conditions. The complete legal pack would need to be inspected before an offer would be considered.
Please get in touch if you have any questions regarding Online auctions or would like to arrange a viewing.
For Sale Via Haslams Online Auction powered by Bamboo Proptech.
Additional Information: - Parking
There is a communal gated access on Lorne Street to Lorne Place which leads to garages located to the rear of 4 Lorne Street, 243,245 and 247 Oxford Road comprising 3 double width garages, a single garage used for storage. There are further dilapidated outbuilding's' located to the rear of 4 Lorne Street and situated outside of the gated area to the rear of 2 Lorne Street, is a further double garage. In addition, there is parking to the front of 243-247 Oxford Road and 2 Lorne Street.
Property construction – Standard form
Services:
Gas - mains (Flat 1 243 Oxford Road and Flat 1 4 Lorne Street)
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating - (Flat 1 243 Oxford Road and Flat 1 4 Lorne Street)
Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)
Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”
Brochures
Oxford Road, Reading RG30- 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.
- Band: B
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Private
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 35050798. 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 Haslams Estate Agents, Reading. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Haslams Estate Agents, Reading on 0118 230 1217.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.