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R2R: 2 Bedroom Apartment

Kentwood Hill, Tilehurst, Reading, Berkshire, RG31

WHY INVEST IN THIS PROPERTY

  • Do you like profit margins? This unit has the potential to earn upwards of £39,000 per year from paying just £950 per month in rent!
  • ​This 2 double bedroom apartment offers your guests the best of what Reading, London and all surrounding attractions have to offer
  • ​The property consists of a reception room to be used as a living room, two spacious bedrooms, an ‘eat-in’ kitchen with fully fitted, integrated appliances and white goods and finally a modern bathroom
  • ​Close to Tilehurst and Reading West train stations which both offer quick, easy links to London Paddington Station
  • ​Located conveniently close to the M4 motorway, meaning easy road access to Royal Ascot, Windsor Castle, Legoland, Thorpe Park and London Heathrow (The busiest airport in Europe)
  • ​Just 2 miles from the Reading Festival site, allowing you to charge a high premium during this time
  • ​Surrounded by high quality golf courses! Maybe related to it being the Royal County, Berkshire is one of the most popular areas in the country for golf and has 2 of the highest rated golf courses in the UK and Ireland

THE NUMBERS

  • Deposit: £1,595
  • ​Rent: £950 pcm to the Owner (3 years)
  • ​Light refurb: £1,500
  • ​​Sourcing Fee: £5,000 + vat
  • ​Estimated Nightly Rate: £135
  • ​Monthly Income at 80% Occupancy: £3,285
  • ​Yearly Income at 80% Occupancy: £39,420
*For further information, text: "461" to 07803 410 237
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