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173 - 177 Kings Rd 21 Unit Apartment Building £6,500,000 (£309,524/Unit) 6.42% Net Initial Yield Reading RG1 4EX
Investment Highlights
- Consists of a total 21 units
- Excellent transport links
- Great local amenities
Executive Summary
The asking price for this freehold property is £6,950,000. Currently receiving an approximate 6% yield for the AST Let units and 10% for the Short Lets.
Schedule of income available on request.
Schedule of income available on request.
Property Facts
| Price | £6,500,000 | Property Subtype | Apartment |
| Price Per Unit | £309,524 | Apartment Style | Mid-Rise |
| Sale Type | Investment | Costar Property Class | B |
| Yield | 6.42% | Total Plot Size | 0.52 ac |
| Tenure | Freehold | Property Size | 11,950 sq ft |
| No. Units | 21 | No. Floors | 4 |
| Property Type | Build-to-Rent | Year Built | 1840 |
| Price | £6,500,000 |
| Price Per Unit | £309,524 |
| Sale Type | Investment |
| Yield | 6.42% |
| Tenure | Freehold |
| No. Units | 21 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | B |
| Total Plot Size | 0.52 ac |
| Property Size | 11,950 sq ft |
| No. Floors | 4 |
| Year Built | 1840 |
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173 - 177 Kings Rd
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