£1,150,000

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10 bedroom apartment for sale

Admirals Court, Reading RG1

Added yesterday

0118 443 0358

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Apartment

10 bed

6 bath

EPC rating: B*

559 sq ft / 52 sq m

Key information

Tenure: Freehold

Council tax: Ask agent

Broadband: Ultra-fast 1000Mbps *

Mobile signal:

EE O2 Three Vodafone

Water: Ask agent

Heating: Ask agent

Electricity: Ask agent

Sewerage: Ask agent

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Property description & features

Tenure: Freehold
Block of Four Apartments
Producing £73,200 of Income
Planning Permisson Approved
Town Centre Location
Allocated Parking

Lansley - An excellent opportunity to purchase the freehold and a block of four modern apartments close to Reading town centre. The apartments consist of two units on the ground floor with accommodation comprising two bedrooms, kitchen with fitted appliances and family bathroom and two three bedroom split level apartments across the first and second floors with two bathrooms and kitchen with fitted appliances. Externally each apartment has an allocated parking space. The block is currently producing a rental income of £73,200 (£1400pcm for the two beds and £1650 for the three beds). Planning permission has also been approved for an additional storey creating an additional three apartments.

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Places of interest

AH Lansley - Reading

111 Oxford Road Reading RG1 7UH

0118 443 0358

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About Us Originally established in Guildford in 1890 by the founder AH Lansley, the business has principally been involved in the sale and valuation of going concern businesses, with occasional Sales of residential property. The firm was moved to Reading in tile early 1900s, with offices at 52-53 Friar Street — now Sainsbury’s supermarket. In the 1930s, AH Lansley was succeeded by his son, AE Lansley, in partnership with WW Ware. They were Joined In the Late 1930s by AC Hayes, together with Mr. Ware’s son, K W Ware, in the 1950s. Mr. Hayes’ sons, Morvyn and Brian started in the early 1960s and have subsequently become the longest-serving members of the firm. Apart from the substantial increase in property values the firm has seen many changes over the years. Trading was continuous during both world wars. Particularly notable has been the change in communications in the early years. Telephones were not common and most contact with clients was by post. Even as recently as the 1950s, it was possible to post a letter in Reading before 10AM for it to be delivered to an address in London by noon the Same day- And a reply could be sent and received in Reading the following morning. This service has been super ceded by phones, faxes and now e-mail. Viewing arrangements have also changed with the development of motor cars. In the 1920s, it was common for a prospective purchaser to be invited to hire a cycle at one of the many town centre hire shops and to visit properties on the bike, accompanied by a representative of the firm. Moving into the 21st century, the firm of AH Lansley and its associate, A H Lansley (Residential), now offers a broad range of services throughout the property sector. This includes residential sales and lettings, planning services, residential and commercial mortgages, surveying, land and new homes and business transfers.

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*DISCLAIMER

Property reference ALA240344. 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 AH Lansley - Reading.

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

Broadband availability and predicted speed: obtained from Ofcom on January 14, 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 January 14, 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 August 7, 2018 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.