Offered for sale via unconditional online auction, this vacant two bedroom flat represents an attractive opportunity for investors and buyers seeking a well located property with scope for improvement. Extending to approximately 633 sq ft, the property requires refurbishment throughout and benefits from a long lease of approximately 240 years, presenting excellent potential to enhance value through modernisation.
The accommodation comprises a reception room, kitchen, two bedrooms and a bathroom, providing well proportioned living space suitable for a range of purchasers. Following refurbishment, the property is considered capable of achieving an estimated rental income of around £1,350 per calendar month.
Malvern Court is conveniently located within easy reach of the Royal Berkshire Hospital, the University of Reading and Reading town centre, which offers a wide range of shopping, dining and leisure facilities. Reading station provides fast mainline services to London Paddington and access to the Elizabeth Line, while the A329(M) and M4 motorway are also readily accessible.