Admirals Court, Rose Kiln Lane, Reading, RG1

NO ONWARD CHAIN COMPLICATIONS & GREAT INVESTMENT  OR FIRST-TIME BUYER OPPORTUNITY - Viewings will be held on Tuesday 23rd May 10:00am - 12:00pm, by appointment only please contact the team to book a slot.

Introducing a fantastic opportunity for first-time buyers and investors in the well-connected, convenient Rose Kiln Lane area of Reading! This ground-floor apartment, boasting two bedrooms and one allocated parking space, is eagerly awaiting a new owner to breathe new life into it. The sale includes a share of the freehold so no ground rent to pay.

As you enter, you'll find an electrically heated interior that holds lots of potential. The kitchen/diner is spacious and offers ample room for meal preparation and dining, allowing you to entertain family and friends. With some creative vision and light upgrades, this space can easily become the heart of the home, adjoining the living room.The apartment comprises one double bedroom and one single bedroom, providing flexibility for your needs. The double bedroom promises a cozy retreat, while the single bedroom can serve as a comfortable space for guests, a home office, or even a hobby room. The bathroom, although in need of modernisation, presents an opportunity to create a stylish and contemporary space that suits your personal taste, currently comprising a three-piece bathroom with a shower over the bath it is perfectly functional as it is but has lots of potential.The generously sized living room, features patio doors onto the communal grounds at the rear of the building. This bright and airy space offers endless possibilities for interior design, allowing you to create a welcoming ambiance and a place to relax and unwind. The patio doors lead out to a potential outdoor seating area, offering an extension of the living space during the warmer months.Located in Rose Kiln Lane, this property benefits from its proximity to a range of amenities and conveniences. Reading town center, with its diverse shopping options, vibrant restaurants, and entertainment venues, is easily accessible. Additionally, the nearby transport links, including train stations and bus routes aswell as major road links inc M4, A33 & A4, ensure effortless commuting to and from the area.Whether you are a first-time buyer looking to put your personal stamp on a property or an investor seeking a property with great potential, this ground-floor apartment offers an excellent opportunity to create a desirable and comfortable living space. With some modernisation achievable with light renovation, this property can truly be transformed into a stunning home that meets your unique needs and preferences. Don't miss out on this exciting prospect. 

Services: Mains water & electricity

Energy: Double Glazed Throughout, Water Heating via immersion tank, Heating via high retention programmable storage heaters & panel heaters, no gas in the property.The agent has not tested any of the apparatusInvestment Information

The property has been rented on a long-term basis, last tenancy ended April 2023 Rental £925pcm

Potential Rent in current market in current condition: £1000pcm - £1050pcm (potential gross yield of 5.45% - 5.72%)

Potential Rent renovated: £1150 - £1300pcm (potential gross yield of 6.27% - 7.09%)