Situated towards the west of Reading is this character 2/3 bedroom property which provides east access to Reading West train station, local shops, bus services and walking distance to Reading town centre. Feature of the property include 11ft lounge, 13ft dining room, downstairs bathroom with separate WC, fitted kitchen and three bedrooms. Further benefits include a low maintenance rear garden and no onward chain complications. This property is an ideal investment. 

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

Take the right into Russell Street and then turn immediately right to continue on Russell Street.

Turn left onto the Oxford Road and then left into Kensington Road where the property can be found on the left.

Entrance Hall
Stripped wooden flooring, access to both reception rooms.

Dining Room - 12'7" x 9'
Front aspect double glazed bay window, radiator.

Living Room - 11' x 10'11"
Rear aspect double glazed window, stripped wooden flooring, feature fireplace, storage cupboard and access to: -

Kitchen - 9'3" x 7'
Fitted range of eye and base level storage units with rolled edge work surfaces, inset sink with mixer tap, space for further appliances, side aspect double glazed window and door providing access to garden.

Bathroom
Two piece suite comprising of a panel enclosed bath and pedestal wash hand basin, fully tiled walls.

WC
Side aspect double glazed window, tiled flooring, low level WC.

Bedroom One - 12'2" x 10'1"
Front aspect double glazed windows, built-in cupboard.

Bedroom Two - 12'2" x 10'3"
Rear aspect double glazed window and door to: -

Bedroom Three - 10'4" x 7'6"
Rear aspect double glazed window.

Garden
Low maintenance rear garden.

The Investment: 

Net purchase price: £150,000
Market Rent:  £750
Yield: 6.00%

Mortgage: £112,500

Based on 25% over 25 years @ 4.99%:

Monthly Re-payment: £657
Monthly Inv Positive Income: £92.99

Monthly Interest Only: £468
Monthly Inv Positive Income: £282.19