For Sale3 Bedroom House in Mount Pleasant, Reading, Berkshire, RG1£375,000

An exciting opportunity to purchase a Town Centre freehold consisting of three self contained apartments all fully let on Assured Shorthold Tenancy agreements. The property consists of two one bedroom apartments, one on the ground floor and another on the first floor of this Victorian terrace conversion, and a studio apartment in a converted garage to the rear and separately accessed via Spring Terrace. These conveniently located properties have been successfully let for a number of years and form part of the sale of an estate. Each apartment has been well maintained and currently generate a combined rental income of £32,312,28 per annum. The purchaser will benefit from a turn key investment and a going concern with fully referenced tenants secured on Assured Shorthold Tenancy agreements with the following monthly rental values - 53a (ground floor) - £950. 53b (first floor) - £895 and 53c (studio) - £847.69. This is an excellent opportunity to acquire a small portfolio for a first time investor or add to a larger portfolio for an experienced landlord and take advantage of the excellent local rental market. There is a great supply of professional tenants in Reading or, being under a mile from Reading University, the property could make perfect student accommodation giving the new owner plenty of options and making this a superb investment.