£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 *
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 *
Book a viewing
Contact Parkers Reading
- 25/26 Market Place
- Reading
- RG1 2DG
Call 0118 9575455
reading@parkersproperties.co.uk
Contact us now