Helmsdale Close, Reading, RG30

DESCRIPTION
Investment opportunity - a three bedroom mid terrace house which is currently split into two 1 bedroom apartments generating a gross annual yield of 8%. Both have tenants in situ on an unfurnished basis. EPC Rating D.

LOCAL INFORMATION
Located to the west of the town centre, West Reading covers the three main roads leading into Reading - Bath Road, Tilehurst Road and the Oxford Road. There are some prominent schools in the area such as Wilson Road Primary School & St Edward’s Prep School. The Oxford Road is a vibrant area and has a huge diversity of shops and restaurants. Transport links include Reading West train station, newly refurbished in 2023 with trains to Newbury and London and key bus routes helping you access all areas of Reading. It is certainly an area that is popular amongst families and the business professional. There are some excellent outside spaces such as Prospect Park which is a lovely area for the family.

ACCOMMODATION
The ground floor apartment features an open plan kitchen/living room, bedroom and additional reception room which can be used as a study and a bathroom.
The first floor apartment comprises a separate kitchen, living room, bedroom and bathroom.

OUTSIDE SPACE
Residents on street parking, garden accessible to the ground floor apartment.

ADDITIONAL INFORMATION
Mains water and electric.
Reading Borough Council, Tax Band A

BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £60 including VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.
 

REFERRAL FEES
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Davis Tate. (Not applicable to the Woodley branch – please contact directly for further information).