Property Details - 148 - 154 Butts Hill Road And 127-129 Headley Road, Woodley, Rea

Photo of 148 - 154 Butts Hill Road And 127-129 Headley Road, Woodley, Rea

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Lot 14

This freehold ground rent investment consists of a block of four maisonettes and garages at the junction of Headley Road and twelve maisonettes set back from Headley Road with an ample parking area. Reading Town Centre is easily accessible with easy access to the M4 Motorway. All of the maisonettes are held on leases of 999 years from 24th June 1954 each producing a ground rent ranging from £5 to £200 pa. The total income is for both blocks amounts to approx £2,265 per annum. The freehold is sold with the benefit of this ongoing income.

ACCOMMODATION

4 self contained maisonettes at Butts Hill Road
12 self Contained Maisonettes at Headley Road

TENURE

Freehold

LOCAL AUTHORITY & TAX RATING

Wokingham Borough Council 0118 974 6000
All flats Council Tax Band B

VIEWING TIMES

External Viewing Only

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Price Information

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees

Please note that the following additional fees will apply to the purchase of your property:

Buyers Premium of £600 inclusive of VAT
Other fees as listed within the Special Conditions of Sale that form part of the legal pack which is made available to you prior to auction. You will be expected to sign this document as well as the Sales Memorandum at the time of purchase.
Stamp Duty - rates easily available on-line
Your solicitor fees and any survey fees
Insurance - it is your responsibility from the date of exchange to insure the property purchased.

148 - 154 Butts Hill Road And 127-129 Headley Road, Woodley, Rea

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