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
Skip to main content
Picture No. 01
Picture No. 01
Picture No. 02
Offers in excess of£600,000
Added < 7 days

Studio for sale

Hemdean Road, Caversham, Reading, Berkshire, RG4
Virtual tour
Recently added
Save
Studio
0 bed
2 bath

Key information

Tenure: Freehold
Council tax: Ask agent
Broadband: Ultra-fast 1000Mbps *
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Freehold
  • Mixed Use Investment Opportunity
  • Ground Floor Commercial Unit Currently Operating as a Restaurant
  • Split Level One Bedroom Apartment
  • Detached Studio with Mezzanine Bedroom and Terrace
  • Generating £43,200 Per Annum Rental
  • Investment Opportunity Or Business with Living Quarters
  • Potential to Split Properties
  • EPC Rating is Commercial Use
An opportunity to acquire an income generating mixed use investment in a prime location in Central Caversham. Occupying the corner is Hemdean Road and Oxford St. The property consists of a ground floor commercial unit with a one bedroom split level apartment above and a self-contained detached property to the rear which is accessed from Oxford St. The commercial unit currently operates as a restaurant with its previous use being a hairdressers salon. The apartment above occupies the top two floors and is currently let at a monthly rental of £1100. The apartment comprises of a lounge/diner with dual aspect windows, kitchen and shower room on the first floor and a double bedroom on the top floor. The self-contained property to the rear is a detached studio with vaulted ceilings, a mezzanine bedroom, fitted kitchen and shower room generating £1000 a month rent. The commercial unit is currently generating £18,000 per annum rental. The restaurant, which can accommodate at least 20 diners, has a kitchen, dining area, toilet and has small courtyard garden to the year. This superb opportunity will suit an astute investor looking for an income generating opportunity or suit someone wishing to run a business with incorporated living quarters.

Location:
Situated on the corner of Hemdean Road which is off Church Street opposite Caversham Precinct and Oxford Street which runs between Hemdean Road and Prospect Street. Set in the heart of Caversham with an excellent range of shops, bars and restaurants and within walking distance of the River Thames and Reading train station. Caversham lies north bank of the River Thames, just two miles from Reading and the mainline train station. It’s easily accessible by the Caversham Bridge, Reading Bridge and Caversham Lock with Sonning Bridge a few miles east. The centre of Caversham features a shopping area including a Waitrose complemented by many good bars, pubs and restaurants. The local area has some fine schools including Thameside Primary School,
Highdown Secondary School, Queen Anne’s Caversham, Shiplake College, Reading Bluecoat and Reading School. The M4 is an easy drive away and reading train station has fast connections to London in under 25 minutes.

Property information from this agent

Places of interest

    At Winkworth we love what we do and we pride ourselves on matching the right people with the right homes.  We take the time to see the little things that other agents miss - the things that make a home or a search unique. We're local experts too, ensuring that you get the best advice on the area you're looking in, as well as comprehensive knowledge on the property market.  From our 100 offices across the UK and overseas, including more offices in London than any other agency, we're able to ensure we get your home in front of the right people. And with the support of our Mayfair based Country House, China Desk, International and Marketing team, we're able to provide an unparalleled service whether you're looking to buy, sell, let or rent. 

    See more properties like this:

    *DISCLAIMER

    Property reference REA240664. 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 December 24, 2021

    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

    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.