A Detached Building Arranged as Six Self Contained Flats (1 x Four Bed/Four Bath Flat & 5 x Studio Flats) Fully Let Producing a Combined Rent of £97,740 Per Annum.

The property comprises a detached three storey building arranged to provide a ground floor four bedroom all with en-Suite flat (finished to be HMO complaint) and five studio flats arranged over ground and two upper floors. The property has been recently refurbished.

Tenure

Freehold

Location

The property is situated on a residential road close to local shops and amenities. The open spaces of Arthur Newbery Park are within easy reach. Transport links are provided by Tilehurst rail station which is approx. 200 metres (with trains into Paddington within 36 mins).

Accommodation

995 Oxford Road Ground Floor Flat Four Bedrooms (Each with En-Suite) Communal Kitchen 995A Oxford Road Ground Floor Flat 1 x Studio room with Kitchen area and En-Suite First Floor Flats 3 x Studio room, with Kitchen area and En-Suite Second Floor Flat 1 x Studio room, with Kitchen area and En-Suite

Exterior

The property benefits from a communal garden and off street parking forecourt for up to 5 cars.

Tenancy

The property is subject to individual tenancies at a combined rent of £8,145 per calendar month. Please refer to the legal pack for a the full tenancy schedule.

Current Rent Reserved

Current Combined Rent Reserved £97,740 per annum

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.