Guide price
£499,000
Property for saleSouthampton Street, Reading, Berkshire RG1
1 bath
Freehold
About this property
Ideal for investment
Basement
Three floors
Attractive Location
Freehold
Galaxy Real Estate proudly presents this versatile freehold mixed-use property located in the heart of Reading.
Situated on the vibrant Southampton Street, this property offers significant potential for investors or owner-occupiers seeking a prime location with flexible options for commercial or residential use.
Key Features:
Current Rental Income: Fully let and generating an impressive £43,200 per annum. Yearly Yield: 8.5%
Vacant Possession Option:
Available as vacant possession on completion, if preferred by the buyer.
Mixed-Use Layout:
Ground Floor: A commercial unit with a basement that is let out to a massage parlour.
First Floor: Comprises two self-contained studio flats, each with a kitchen and bathroom, ideal for rental income or staff housing.
Second Floor: Includes an additional bedroom, adding extra living space.
Close to Reading town centre, providing easy access to shops, supermarkets, restaurants, and excellent public transport links. Ideal for both business operations and residential living due to its central location and vibrant surroundings.
Investment or owner-occupier opportunity:
This property represents a rare chance to acquire a high-yielding asset with immediate rental income potential or to secure a strategically located property with the option to repurpose for your needs.
Contact Galaxy Real Estate today for more details or to arrange a viewing of this exceptional property.
Enquiries & Viewings:
If you would like to enquire or book an appointment, please contact us:
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Situated on the vibrant Southampton Street, this property offers significant potential for investors or owner-occupiers seeking a prime location with flexible options for commercial or residential use.
Key Features:
Current Rental Income: Fully let and generating an impressive £43,200 per annum. Yearly Yield: 8.5%
Vacant Possession Option:
Available as vacant possession on completion, if preferred by the buyer.
Mixed-Use Layout:
Ground Floor: A commercial unit with a basement that is let out to a massage parlour.
First Floor: Comprises two self-contained studio flats, each with a kitchen and bathroom, ideal for rental income or staff housing.
Second Floor: Includes an additional bedroom, adding extra living space.
Close to Reading town centre, providing easy access to shops, supermarkets, restaurants, and excellent public transport links. Ideal for both business operations and residential living due to its central location and vibrant surroundings.
Investment or owner-occupier opportunity:
This property represents a rare chance to acquire a high-yielding asset with immediate rental income potential or to secure a strategically located property with the option to repurpose for your needs.
Contact Galaxy Real Estate today for more details or to arrange a viewing of this exceptional property.
Enquiries & Viewings:
If you would like to enquire or book an appointment, please contact us:
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Monthly repayment
£2,496 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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