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Land for sale

Waylen Street, Reading, Berkshire

Guide Price* £22,000

Property Description

Key features

  • FOR SALE
  • Ground rent investment
  • Freehold of a single building
  • Building comprises 4 flats
  • Good access to town
  • Initial gross yield 4.54%

Full description

Tenure: Freehold



FOR SALE BY AUCTION - GROUND RENT INVESTMENT. A freehold building converted in 2013 comprising four apartments sold on a 125 year leases from 1st July 2013 with a commencing ground rent of £250 per annum per flat and review periods every 25 years. Initial gross yield 4.54%


Listing History

Added on Rightmove:
06 November 2017

Map & Street View

Disclaimer - Property reference AUC160086. 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 Romans, Commercial. 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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*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.”

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 Romans, Commercial on 0800 781 0745.


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