£7,950,000
52 bed block of flats for salePadworth Avenue, Reading RG2
52 beds
52 baths
30 receptions
Just added
Leasehold
About this property
Investment opportunity- Whole Block
30 apartments (22 x 2 bedroom and 8 x 1 bedroom)
Each apartment with allocated parking
Current rental income £517,380pa
Well-maintained communal grounds
Excellent transport links by road & rail
Lift access
Investment opportunity approximately 2.5 miles from central Reading's mainline station.
Harlequin House is located within the favoured Kennet Island development by Berkeley Homes, and comprises 8 x1 bedroom and 22 x 2 bedroom apartments let with individual tenancies currently producing a gross rental of £517,380 pa. The apartments all benefit from allocated parking spaces and are set within impressive communal grounds with a central piazza and amenities. Boasting excellent transport links with easy access to jnct 11 of M4, a dedicated bus service to Readings' mainline station and the newly opened station at Green Park is within 0.9 mile.
The development incorporates the Circle private hospital, a bmw dealership and Hilton Hotel and is within easy reach of Green Park business centre.
Epc's
Please refer to the EPC register online for all EPC's using postcode RG2 0FU.
Harlequin House is located within the favoured Kennet Island development by Berkeley Homes, and comprises 8 x1 bedroom and 22 x 2 bedroom apartments let with individual tenancies currently producing a gross rental of £517,380 pa. The apartments all benefit from allocated parking spaces and are set within impressive communal grounds with a central piazza and amenities. Boasting excellent transport links with easy access to jnct 11 of M4, a dedicated bus service to Readings' mainline station and the newly opened station at Green Park is within 0.9 mile.
The development incorporates the Circle private hospital, a bmw dealership and Hilton Hotel and is within easy reach of Green Park business centre.
Epc's
Please refer to the EPC register online for all EPC's using postcode RG2 0FU.
More information
Tenure
Leasehold (980 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review
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