TypeResidential Investments
TenureFor sale
The property comprises a part permitted development and part new-build conversion of a former self-contained office building that has been converted into 25 flats.
The block is arranged over ground and 2 upper floors, comprising 9x1 and 16x2 bedroom apartments with associated parking.
The property extends to 13,843 sq. ft (NSA) and the flats range in size from 361 sq. ft to 801 sq. ft.
The site extends to 0.538 acres and comprises car parking and landscaped gardens.
The property is finished to a modern standard and presents in good condition.
Freehold unbroken block
Recently converted
Fully let with a rental income of £380,460pa
9 x 1-bedroom apartments and 16 x 2 bedroom apartments
Combined Net Sales Area of 13,843 sq.ft
Wokingham Railway Station located approximately 1 mile away
The market town of Wokingham is often regarded as one of the most affluent areas in the UK and is continuously highly ranked as one of the top 10 places to reside. This comes as no surprise, with the wealth of excellent schools, local amenities and transport links that Wokingham offers.
Surrounded by the beautiful Berkshire countryside yet less than 40 miles from London, Wokingham is perfectly positioned for those looking to commute into London as well as nearby towns such as Reading, Bracknell and Maidenhead.
The town boasts an abundance of transport links, with Wokingham's mainline station offering trains to London Waterloo, Reading, Paddington and a direct train to Gatwick in just over an hour. There is also regular bus routes and easy access to the nearby A329M, M3 and M4 motorways which connect Wokingham with the rest of the country.
The property is located southwest of Wokingham town centre within the Fishponds Industrial Area. The property is located at the southern edge of Leslie Sears Park and is accessed via Molly Millars Lane.