Alma Street, Reading, RG30 1JS
£875,000
Property Summary
Lansley - FOR SALE – Freehold Investment | Alma Street, Reading RG30
Mixed-Use Garage & Residential Property – Fully Let
An excellent opportunity to acquire a well-maintained, fully let freehold investment comprising a long-established garage/workshop (est. 1957), studio flat, 1-bed flat, and 3-bed maisonette.
• Total Rental Income: £6,850 pcm / £82,200 p.a. (incl. electricity & water for flats)
• Net Income (after utilities): approx. £79,200 p.a.
• Net Yield: approx. 9.1% (based on £875,000 asking price)
• Approx. 3,500 sq.ft / 325 m² GIA
• Potential for development above the garage (subject to planning)
• Convenient West Reading location – close to town centre, A4 & M4 links
A rare, income-producing asset with long-term growth potential and diversified rental stream.
Price: £875,000 Freehold
Ref: DR.1611
Enquiries: Lansley Commercial – 0118 959 0271
Mixed-Use Garage & Residential Property – Fully Let
An excellent opportunity to acquire a well-maintained, fully let freehold investment comprising a long-established garage/workshop (est. 1957), studio flat, 1-bed flat, and 3-bed maisonette.
• Total Rental Income: £6,850 pcm / £82,200 p.a. (incl. electricity & water for flats)
• Net Income (after utilities): approx. £79,200 p.a.
• Net Yield: approx. 9.1% (based on £875,000 asking price)
• Approx. 3,500 sq.ft / 325 m² GIA
• Potential for development above the garage (subject to planning)
• Convenient West Reading location – close to town centre, A4 & M4 links
A rare, income-producing asset with long-term growth potential and diversified rental stream.
Price: £875,000 Freehold
Ref: DR.1611
Enquiries: Lansley Commercial – 0118 959 0271