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£325,000

Field Road, Reading, Berkshire RG1

£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.

Book a viewing

Contact Parkers Reading

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

Call 0118 9575455

reading@parkersproperties.co.uk

Contact us now