1 bedroom apartment

Franklyn House, 27-29 Cross Street, Reading, RG1 1ST

Size: sqm

SSTC

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent SSTC
Ground rent SSTC
Service charge SSTC
Net income SSTC
Gross yield SSTC
Net yield SSTC

yieldit are pleased to offer to the market this unique and characterful one bedroom apartment ideally situated in the heart of Reading town centre. Franklyn House is the perfect base for young professionals, couples and commuters with the extensive arrange of amenities and leisure facilities is right on the doorstep. Offered to the market as a tenanted investment, this property can generate you an impressive yield above 7% NET right from completion.

In brief, this entirely well-maintained apartment consists of bright and airy accommodation with spacious living room with large windows providing views of the High Street; double bedroom with Juliette balcony; fully fitted modern kitchen with a range of wall and base units; fully tiled family bathroom with shower over bath.

Reading town centre is one of the UK’s most vibrant and walkable urban centres with a wide range of independent shops and three shopping centres dotted around the boundaries, so everything you could need is within comfortable walking distance. It is also an ideal base for commuters, with around 140 service a day to London Paddington from the train station which is just 0.2 miles (a four minute walk) from Franklyn House.

Reading is an ideal candidate for property investment, boasting the 5th most qualified workforce in the UK, highest employment rate and home to a world-class university where 20% of graduates choose to remain due to the quality of life and employment opportunities on offer, meaning rental properties are sure to always be in high demand. According to figures obtained by Rightmove, sold prices have increased by 14% since the 2020 peak meaning that the potential for capital appreciation is also strong. Don’t miss out and enquire today to find out more!

ATTENTION INVESTORS - GENERATE ABOVE A 7% NET RETURN! Fantastic one bedroom apartment in the heart of Reading's vibrant and well connected town centre.

Interested in this property? Enquire today for more information

Key features

Key features

Tenanted Investment Opportunity

Key features

Hands Off Investment

Key features

Second Floor

Key features

One Double Bedroom

Key features

Fantastic Location

Key features

Tenant In Situ Until August 24

Key features

7.35% Net Yield

Key features

Mainline Railway Station

ATTENTION INVESTORS - GENERATE ABOVE A 7% NET RETURN! Fantastic one bedroom apartment in the heart of Reading's vibrant and well connected town centre. More info...

yieldit are pleased to offer to the market this unique and characterful one bedroom apartment ideally situated in the heart of Reading town centre. Franklyn House is the perfect base for young professionals, couples and commuters with the extensive arrange of amenities and leisure facilities is right on the doorstep. Offered to the market as a tenanted investment, this property can generate you an impressive yield above 7% NET right from completion.

In brief, this entirely well-maintained apartment consists of bright and airy accommodation with spacious living room with large windows providing views of the High Street; double bedroom with Juliette balcony; fully fitted modern kitchen with a range of wall and base units; fully tiled family bathroom with shower over bath.

Reading town centre is one of the UK’s most vibrant and walkable urban centres with a wide range of independent shops and three shopping centres dotted around the boundaries, so everything you could need is within comfortable walking distance. It is also an ideal base for commuters, with around 140 service a day to London Paddington from the train station which is just 0.2 miles (a four minute walk) from Franklyn House.

Reading is an ideal candidate for property investment, boasting the 5th most qualified workforce in the UK, highest employment rate and home to a world-class university where 20% of graduates choose to remain due to the quality of life and employment opportunities on offer, meaning rental properties are sure to always be in high demand. According to figures obtained by Rightmove, sold prices have increased by 14% since the 2020 peak meaning that the potential for capital appreciation is also strong. Don’t miss out and enquire today to find out more!

  • Key features
    Tick Desktop Tenanted Investment Opportunity
    Tick Desktop Hands Off Investment
    Tick Desktop Second Floor
    Tick Desktop One Double Bedroom
    Tick Desktop Fantastic Location
    Tick Desktop Tenant In Situ Until August 24
    Tick Desktop 7.35% Net Yield
    Tick Desktop Mainline Railway Station
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent SSTC
Ground rent SSTC
Service charge SSTC
Net income SSTC
Gross yield SSTC
Net yield SSTC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.