1 Bedroom Apartment

Thorn Walk, 
Reading, 
RG1 7BJ
Purchase price
£200,000
  • Size: 49 sqm
  • Tenanted
FANTASTIC READY MADE INVESTMENT OPPORTUNITY! Excellently presented larger than average one bedroom apartment with parking ideally positioned in the heart of Reading.
  • Financial Performance*
Gross rent
£15,000
Ground rent
£150
Service charge
£1,689
Lettings fees
£1,800
Net income
£11,361
Gross yield
7.5%
Net yield
5.68%
  • Key Features
  • Tenanted Investment Opportunity
  • Larger Than Average One Bedroom Apartment
  • Excellent Location
  • Close By To Local Amenities
  • Open Plan
  • Allocated Parking Space
  • 2nd Floor
  • Well Presented
  • Fully Managed
  • Enquire for Video Tour

yieldit are pleased to offer to the market this well-presented one-bedroom apartment within the popular Chatham development, ideally positioned in the heart of Reading. The property comprises a well-proportioned reception room with an open-plan kitchen, a comfortable double bedroom and a modern bathroom. Further benefits include an allocated parking space and Juliet balcony.

Thorn Walk is conveniently located within a 10-minute walk of Reading town centre, offering a wide range of shops, restaurants, cafés and leisure facilities. The Oracle shopping and leisure complex provides an excellent selection of retail and dining options, as well as a cinema, bars and clubs. Reading Museum and the historic ruins of Reading Abbey are also within easy walking distance.

The nearby Kennet & Avon Canal provides a scenic walking and cycling route from the town centre, while Reading’s status as an established university city adds to its vibrant atmosphere and strong appeal.

Reading mainline station is within walking distance, providing fast and frequent services to London Paddington and other major destinations, making the property particularly attractive to commuters. The town’s established bus network provides further transport options.

Reading continues to benefit from significant regeneration and investment, with ongoing development across the town centre and surrounding areas. Improvements to retail, leisure, residential and transport infrastructure are helping to enhance the town’s long-term appeal as a place to live, work and invest. The property’s central location places it well to benefit from this continued investment and the ongoing evolution of Reading town centre.

  • Financial Performance *
Gross rent
£15,000
Ground rent
£150
Lettings fees PA
£1,800
Service charge
£1,689
Net income
£11,361
Gross yield
7.5%
Net yield
5.68%

Fill in your details below to enquire about property YL-08629
1 Bedroom Apartment

Thorn Walk, 
Reading
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*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.
  • Location
  • EPC