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The Old Water Tower, Tilehurst, RG30

PROPERTY TYPE

Block of Apartments

BEDROOMS

11

BATHROOMS

11

SIZE

6,362 sq ft

591 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Investment opportunity
  • Converted Grade II listed former water tower
  • 5 x 2 bed apartments and 1 x 1 bed penthouse
  • Allocated parking for each apartment
  • Communal garden; residents lift
  • Current rental income £90,540 pa

Description

A rare opportunity to acquire this Grade II listed former Victorian water tower sympathetically converted into 6 apartments. The well-appointed apartments enjoy a contemporary design and the upper floor features impressive panoramic views. The apartments are currently let on AST's and generate a current rental income of £90,540 per annum. There is allocated parking for each property, and residents benefit from a communal garden area and lift access.

Additional Information - Parking
There is allocated parking for each apartment.

The apartments are on individual leases of 999 years from 2000 and are being sold with the freehold.

Property construction – Standard form
Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating

Broadband connection available (information obtained from Ofcom):
Superfast - Fibre to the cabinet (FTTC)

Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”

The owner has a responsibility to contribute to the cost of the maintenance of the access road
The adjoining garage is not included in the sale and will be retained by the vendors.

For a copy of each EPC please google EPC register and use the postcode to retrieve these.

Brochures

The Old Water Tower, Tilehurst, RG30
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Ask agent
LISTED PROPERTYA property designated as being of architectural or historical interest, with additional obligations imposed upon the owner.Read more about listed properties in our glossary page.
Listed
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
Lift access

Energy performance certificate - ask agent

The Old Water Tower, Tilehurst, RG30

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About Haslams Estate Agents, Reading

159 Friar Street, Reading, RG1 1HE
Industry affiliations:
Haslams Estate Agents
About Us

Haslams Estate Agents is a multi-award-winning agent located in the centre of Reading, Berkshire. With over a lifetime's experience, Haslams has been trusted to sell and let property in and around the Thames Valley area since 1838.

Our teams of industry professionals have extensive knowledge in the Reading property market and all live in and around the area, allowing for up-to-date, expert advice.

Whether you are looking to buy, sell, rent or let your home, a member of our accomplished team is available to help with all your property needs.

Want to know how much your property is worth? Call us to get a free market appraisal today!

The Haslams Group

The Haslams Group is one of the leading estate agents in Berkshire for lettings, new homes and residential sales.

Comprising Haslams Estate Agents in Reading and Michael Hardy Estate Agents in Wokingham and Crowthorne, it is part of the Foxtons Group.

Your mortgage

Per year
Lender usually expects a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£5,958
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference 33723252. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Haslams Estate Agents, Reading. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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