No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£5,500,000
Added > 14 days

Residential development for sale

Kings Road, Reading
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Residential development
0 bed
0 bath

Property description & features

  • Tenure: Freehold
  • Residential Development
  • Freehold
* INVESTMENT FOR SALE *

A freehold income producing investment located in the desirable conservation area of Reading. This extremely attractive building consists of 15 units which comprises of 3 x one bedroom, 11 x two bedrooms and 1 x three-bedrooms luxurious apartments set within a sympathetically restored Georgian style property. Each apartment has high ceilings and sash windows, bespoke modern kitchens, and bathrooms of a high specification, including stone worktops and wooden flooring throughout.

Located in the heart of Berkshire, Reading is a modern and vibrant town that provides a strong and mature economy, with hi-tech industries and the creative sector contributing significantly to its success. Businesses are drawn to the area by the availability of a highly skilled workforce, access to international transport hubs (including Heathrow Airport), a high quality of life on offer and knowledge intensive business clusters.

Reading has direct rail links into London in 25 minutes; with Crossrail linking Reading with Central London, the City of London and Europe directly. Reading is also well located on the M4.

Currently receiving an approximate 6% yield. Schedule of income available on request.

Disclaimer: Internal images shown represent a selection of the apartments.

Places of interest

    Goldschmidt & Howland Estate Agents are the leading professional Sales and Lettings Agency in the North, North West and West London areas. Specialising in property for sale, property for rent, property developments, property management and a range of property services. Having been established since 1888 we have a unique understanding of the areas we cover and what they have to offer, with essential information gathered from a wide range of sources.

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    *DISCLAIMER

    Property reference HEO240020. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Goldschmidt & Howland - Hampstead.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 17, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.