Investment Properties: Royal Heights, 59-75 Queens Road, Reading, RG1

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Royal Heights, 59-75 Queens Road, Reading, RG1

OIEO £10,500,000 subject to contract

  • Opportunity to forward purchase a newly converted block of 49 apartments – 39 x 1 bed, 10 x 2 bed – with a proposed total net saleable area of 18,529 sq ft.
  • Centrally located in Reading close to the Town Centre, University and transport hubs.
  • Only 22 minutes direct to London Paddington station.
  • Included within the development will be 24 car parking spaces.
  • Proposed ERV of entire block when let is circa £575,000 PA.
  • Tenure – TBC.