This character two bedroom mid terrace home is located within close proximity of Reading town centre. The accommodation comprises a 12ft living room, 11ft kitchen/dining room, 8ft utility room, downstairs fitted bathroom and two double bedrooms. Externally there is a garage and a private courtyard garden. The property is conveniently located within easy reach of local amenities and regular bur routes. There is also access to Reading's mainline station offering excellent commuter links into London with Paddington being a mere 25 minute journey away. There are no onward chain complications.

Leave central Reading via Castle Street, slight right to continue on Castle Street and at the roundabout take the second exit onto A4155/Castle Street.

Take the right into Russell Street and then immediately right again to continue onto Russell Street.

Turn left onto the Oxford Road and then take the right into Gower Street. Take the right into Cannon Street where the property can be found on the right.

Entrance Hall
Stairs rising to first floor, door to: -

Living Room - 11'4" x 8'
Front aspect double glazed window, TV point, access to: -

Kitchen/Dining Room - 11'4" x 10'3"
Fitted range of eye and base level storage units with rolled edge work surfaces, inset sink with mixer tap, space for further appliances, part tiled walls, ample space for dining table and chairs, door to garden and door to: -

Utility Room - 7'5" x 6'10"
Side aspect window, door to: -

Bathroom
Three piece suite comprising of a panel enclosed bath, low level WC and pedestal wash hand basin, part tiled walls.

Landing
Access to both bedrooms.

Bedroom One- 11'5" x 9'5"
Front aspect double glazed window.

Bedroom Two - 11'5" x 9'10"
Rear aspect double glazed window, radiator.

Single Garage
Up and over door.

Garden
Low maintenance garden with patio area.

The Investment: 

Net purchase price: £145,000
Market Rent:  £750
Yield: 6.21%

Mortgage: £108,750

Based on 25% over 25 years @ 4.99%:

Monthly Re-payment: £635
Monthly Inv Positive Income: £114.89

Monthly Interest Only: £452
Monthly Inv Positive Income: £297.78