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Offers over

£195,000

1 bed flat for sale
Peach Street, Wokingham, Berkshire RG40

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: D

Leasehold
Added on 31/01/2025

About this property

  • Town Centre Location

  • Small Block of Four Apartments

  • Investment Opportunity

  • Rental income of £1050 per month

  • Attractive yield of 5.8%

***Currently let at £1,050 giving a gross yield of 6.46%***

This one double bedroom apartment is located on the fist floor of a small and quiet block within the centre of Wokingham. Close to an array of shops, restaurants, bars and transport links.

Perfect for a single working professional or couple, this apartment features a modern open-plan living and dining area. The kitchen is well equipped with necessary appliances. The double bedroom is served by a well appointed shower room.

Situated in a quiet block, the apartment is within walking distance of Wokingham Station, offering direct links to London, and provides easy access to the A329M, M3, and M4 motorways. Nearby schools, shops, and other local amenities make this an attractive investment.

This one-bedroom apartment also presents an ideal investment opportunity for potential landlords. Currently achieving a rental income of £1050 per month, it offers an attractive yield of 5.8%. The current tenant has paid a years rent in advance.

Please note there is no allocated parking available but a permit is available to purchase from Wokingham Borough Council.

*Photo's taken prior to tenancy commencing*

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Monthly repayment

£975 per month

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More information

  • Tenure

    Leasehold (116 years)

  • Service charge

    £450 per year

  • Council tax band

    A band has not yet been confirmed.

  • Ground rent

    £350

  • Ground rent date of next review

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