Block of apartments for sale
Key information
Property description & features
- Tenure: Leasehold (246 years remaining)
- 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
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.
Property information from this agent
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Property reference 32552812. 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 Brick Management & Lettings - Farnborough.
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Broadband availability and predicted speed: obtained from Ofcom on January 12, 2022
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
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Mobile phone signal availability and predicted strength: obtained from Ofcom on January 12, 2022
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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: obtained on June 6, 2019 from 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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