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Offers over

£260,000

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

    • 2 beds

    • 2 baths

    • 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 £1400 per month

  • Attractive yield of 5.7%

***Currently let at £1,400 giving a gross yield of 6.46%***

A modern top floor apartment located in the centre of Wokingham, benefitting two double bedrooms and two shower rooms. Close to schools, shops, and transport links.

Perfect for a small family or couple, this apartment features a bright and airy, modern open-plan living and dining area. The kitchen is well equipped with necessary appliances. The master is accompanied by an ensuite bathroom and the second 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 two-bedroom, two bathroom apartment presents an ideal investment opportunity for potential landlords. Currently achieving a rental income of £1400 per month, it offers an attractive yield of 5.7%.

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

Photo's reflect the property pre-tenancy.

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Monthly repayment

£1,300 per month

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More information

  • Tenure

    Leasehold (116 years)

  • Service charge

    £450 per year

  • Council tax band

    C

  • Ground rent

    £350

  • Ground rent date of next review

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