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1 bed Flat For Sale £135,000
St. Johns Street, Reading RG1


Description
EweMove - Buy Me! This property is for sale by Modern Method of Auction powered by iamsold ltd - Starting Bid £150,000 plus Reservation Fee. This One Bedroom, Basement Flat, with its own Private Entrance, situated within the St John's Street Conservation Area in Reading Town Centre, Includes Permit Parking (Can Apply via the Council), Gas Central Heating with a New Boiler Installed in 2019, a Recently Refurbished Bathroom, eicr report can be provided, and situated within 10 minutes walking distance to Reading Train Station and The Oracle Shopping Centre. This Leasehold property Benefits from having no service charges and a Low Ground Rent of £40 payable annually!

The Property Comprises of, Private Staircase/Entrance to Small Courtyard Area, with Front Door into Flat, Inside of Property Includes Open Plan Living and Kitchen Area with Various Kitchen Units with Appliances, a Newly Refurbished Bathroom, and a Separate Double Bedroom. This property has excellent access routes for M4, and is a short walk to the Train Station, Town Centre, Oracle Shopping Centre, and University area.

Auctioneer Comments:

This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor (for standard Grade 1 properties). This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.2% of the purchase price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

Referral Arrangements:

The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

Additional Information:
  • Council Tax:

    Band A

  • Ground Rent:

    £40 Every 12 Months

  • Marketed by EweMove Sales & Lettings (Reading East) - Property Reference 47057

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