2 bed Flat For Sale
£225,000
Caroline Court, Bath Road, Reading
Description
Situated at the rear of this popular development enjoying an outlook over the well-kept communal grounds, is this 2 bedroom ground floor flat. The property is presented in a neat and tidy order while offering the opportunity for individual improvement and upgrading. Located close to the town centre with access to local bus routes with Reading West and the mainline station easily accessible. The development stands in well-kept communal grounds with residents parking and the apartment further benefits from a garage in the block. The property is sold with the benefit of no onward chain.
Lease Information - Years remaining: 118
Service charge: £1680 PA
Ground rent: £150 PA
Ground rent review period: Every 25 years, review 2041 doubling ground rent
LEASE NOTE: Lease and service charge details are provided as a guide and are based on information supplied by the seller
Rental Yield - *We believe the current rental value for a furnished let would be £1100 per calendar month which based on the asking price represents a possible gross rental yield of 5.9%