Description
This 3rd floor 1 bedroom apartment is situated in Reading's vibrant town centre, within a short walk of the mainline station and the shops and restaurants of the Oracle. Featuring a contemporary open plan design with a lantern rooflight in the living room the apartment has been finished with a quality specification and features a double bedroom with wardrobe and a shower room. The property also benefits from an allocated parking space and will appeal to both owner occupiers and investors seeking a town centre address with excellent transport links and is offered for sale with no onward chain.
Leasehold Information - Years remaining: 993
Service charge: £2010 PA
Ground rent: £350 PA
Ground rent review period: Double after first 10 years , next review due in 2026 and then reviewed in line with RPI.
LEASE NOTE: Lease and service charge details are provided as a guide and are based on information supplied by the seller
Parking - The apartment has an allocated parking space (number 4) located at the rear of the property.
Rental Yield - *We believe the current rental value for a furnished let would be £1000 per calendar month which based on the asking price represents a possible gross rental yield of 5.5%