2 Bed Flat, Single Let, Reading, RG2 0EP, £185,000





ValuationUndervalued
Cashflows
Property History
Price changed to £185,000
March 16, 2025
Listed for £220,000
August 28, 2024
Floor Plans

Description
- FOR SALE BY AUCTION - Marketed by Kiel Holder CHECK OUT THE VIDEO TOUR +
- Two double bedroom, second floor apartment with dual aspect living room +
- 78 years remaining on lease +
- Open plan living, dining space with separate kitchen +
- Allocated parking space and plenty of visitor parking +
- Communal gardens both sides of apartment block +
- Spacious modern bathroom +
- Ample storage in hallway +
- In a prime location in Reading, with ease of access to public transport +
- Walking distance to Reading town centre +
Sellers view- Avenue Heights is a well-regarded and exclusive gated 'pocket' development located within close proximity of a wealth of amenities to include regular bus services,local shops and supermarkets, Reading University Campus, The Royal Berkshire Hospital, Green Park, Madejski Stadium, Brunel Retail Park and the M4 Motorway.Reading Town Centre with Reading Train Station (London Paddington 27 minutes)is located approximately 1 ¼ miles to the north.
In our opinion, this top (second) floor purpose built apartment has been lovingly maintained by the present owners and would suit a professional person/couple.
Approached via communal entrance hall with telephone entry system, generous accommodation comprises of entrance hall, 17' living room with feature fireplace, dual aspect windows and opens to a well-appointed modern fitted kitchen with integrated oven and hob.
Both double bedrooms are incredibly spacious and bedroom one benefiting from an integrated wardrobe. The three piece contemporary white suite bathroom has been recently been decorated and new basin cupboard fitted.Other benefits include a pressurised hot water system and UPVC double glazed windows throughout. There is also communal maintained gardens, one allocated residents parking bay as well as additional visitors parking.
Kiel's view- A fantastic opportunity for first time buyers to get their hands on a fabulous two double bedroom second floor apartment in a prime spot in Reading. With plenty of space, storage and a sizeable entrance, it screams airiness. The current tenants have maintained the property to a high standard and would be ready for someone to move straight into. The best part, the living room, provides ample room for a dining area plus the added benefit of dual aspect, it floods so much natural light in. It has so many fabulous attributes, not to mention, allocated parking, plenty of visitor bays and access to many amenities right on your door step.
Area view- Avenue Heights, is located off the Basingstoke Road in Reading, so right on your door it offers great access to so many local amenities. For those commuters who need access to trains, Reading Station is an only short walk away, but there are bus stops on the road outside the listing, by which can take you there. You can walk to The Oracle shopping mall in a similar time, plus you can walk down the past the River Kennet, which is lovely. In town, you have access to all the restaurants, shops, cafes and bars that Reading has to offer.
Current monthly service charges payable to Home Group are as follows; · Insurance- £23.67 · Service charge- £67.35 · Building fund- £20.06 · Management charge- £11.50
*Charges are reviewed annually in April each year. £1,470.96pa total
Auctioneers Additional Comments- Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively. The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’, and is accompanied by a ‘Reserve Price’. The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers’ obligations and sellers’ commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments- In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
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