- No onward chain +
- Two double bedrooms +
- En-suite to master bedroom +
- Allocated parking +
- Top floor apartment +
- Close to amenities +
Offered to the market and located on the outskirts of Reading Town Centre is this well presented two bedroom apartment. The property, located on the second floor, benefits from circa 700sqft of accommodation and has two well proportioned bedrooms with the master benefitting from an en-suite.
A fully integrated kitchen and living room span the length of the apartment with the living room benefitting from double aspect lighting. This property makes for a great first time buy or investment, with the current price and market rental delivering a gross yield of over 6%.
Parking - The property comes with an allocated parking space.
Additional Information - Financial & Lease Info - Years remaining: 108
Service charge: £1,756 per annum
Ground rent: £200 per annum
Ground rent review period: Every 25 years, doubling in 2032 to £400 pa.
Rental Yield - We believe the current rental value for a furnished let would be £1,350 per calendar month which based on the asking price represents a possible gross rental yield of 6%
Additional Information (Part B) - Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating
Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)
For an indication of specific speeds and supply of broadband and mobile, we recommend buyers go to the Ofcom website “Broadband and mobile coverage checker”