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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Offers in excess of£300,000
Added > 14 days

2 bedroom apartment for sale

Pangbourne Street, Reading, Berkshire, RG30
Under offer
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Apartment
2 bed
2 bath
EPC rating: D*
804 sq ft / 75 sq m

Key information

Tenure: Freehold
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Freehold
  • Freehold Investment Opportunity
  • Two Self Contained One Bedroom Apartments
  • Individual Utility Supplies and Council Tax Accounts
  • Generate in Excess of £21,000 per Annum Income
  • Ground Floor Garden Flat
  • Split Level Apartment on 1st and 2nd Floor
  • Excellent Location Ideal For Rental
A converted Victorian terrace house consisting of two 1 bedroom apartments each with their own gas and electric supplies and meters and separate council tax accounts. Set in this convenient location just over a mile to the west of Reading town centre, this is an excellent opportunity to acquire a turn key freehold investment with potential to generate in excess of £21,000 per annum rental income. The Ground floor garden flat is currently let at £850 per month and comprises a lounge, double bedroom, modern fitted kitchen and bathroom and benefits from its own private garden. Flat two is split level over the top two floors with a lounge, kitchen/diner and bathroom on the first floor and spacious bedroom on the top floor. The property is well presented throughout and is an excellent opportunity for an investor to secure a readymade income generating property in a great location.

Location:
Pangbourne Street runs from Oxford Road to its south and Stone Street to its north just over a mile from Reading Town Centre. West Reading covers an area in between Reading Town Centre to the east, Tilehurst to the West and Southcote to its South. The three main roads leading into Reading; the Bath Road, Tilehurst Road and the Oxford Roads all run through West Reading, offering excellent transport links into the Town Centre and M4 via the A4 or A33. There are some great schools in the area such as Wilson Primary School & St Edward’s Prep School. The Oxford Road is a vibrant area with a diverse range of shops and restaurants. Transport links include Reading West train station with trains to Newbury and London and several bus routes. There is a range of local amenities including a large Tesco superstore, a public swimming pool and some excellent outside spaces such as Prospect Park which is Reading's largest public park. Property in the area includes grand Victorian town houses, smaller terrace homes, and modern homes and apartments.

Property information from this agent

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    *DISCLAIMER

    Property reference REA230232. 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 Winkworth - Reading.

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

    Broadband availability and predicted speed: obtained from Ofcom on May 9, 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

    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 May 9, 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: obtained on February 27, 2009 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.

    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.