1 bed Flat For Sale £245,000
Halcyon, Chatham Place, Reading

A light and airy 5th floor apartment situated in the popular Chatham Place development just a short walk of the vibrant town centre and the mainline station. A sizable apartment finished to a high standard in a contemporary style. The open-plan living room opens up to private balcony with elevated views over the communal gardens. The property can be purchased with tenant in situ or with vacant possession.

Communal Grounds - The communal gardens are enclosed and are paved with raised planters and a number of benches for use by the residents.

Tenancy Details & Rental Yield - The property is currently let on an assured shorthold tenancy for £1075 per calendar month, we believe the current rental value for a furnished let would now be £1200 per calendar month which based on the asking price represents a possible gross rental yield of 6%.

Lease Details - Years remaining: 236
Service charge: £1188 PA
Ground rent: £350 PA
Ground rent review period: Every 10 years, review 2034 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

Concierge - The development has a concierge service which is located by the entrance to the car park.