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£325,000

Field Road, Reading, Berkshire RG1

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£325,000

3 Bedroom House For Sale

Field Road, Reading, Berkshire RG1

Key features

  • Development opportunity
  • Planning approved
  • Town Centre
  • Off road parking
  • Two x One Bedroom Flats
  • Planning permission approved to convert into 3 Flats
*Being sold with tenants in situ until July 2020*
Parkers are please to offer an investment opportunity with planning consent to convert into three separate flats including 2 x one bedroom flats and a two bedroom flat. Positioned on a quiet road on the edge of Reading Town Centre, in our opinion the property is an excellent opportunity for developers looking to invest in RG1.

Current rental income as 2 x one bedroom flats: £1295pcm

Projected rental income following conversion into 3 flats: £2200pcm 6.6% yield based on asking price.e Location *

Calculate your Stamp Duty

Until March 31 2021 most buyers will be exempt from paying stamp duty on the first £500,000 of the purchase price. Calculate how much Stamp Duty you would have to pay on this property by using the calculator below.

Please note: This calculator is provided as a guide only on how much stamp duty land tax you will need to pay in England and Northern Ireland. It assumes that the property is freehold and for residential purposes.
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Contact Parkers Reading

  • 25/26 Market Place
  • Reading
  • RG1 2DG

Call 0118 9575455

reading@parkersproperties.co.uk
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