2 bed Flat For Sale £285,000
Lion Court, Great Knollys Street, Reading

An impressive first floor 2 bedroom apartment apartment with a private balcony. An excellent central location which allows for swift access to the town centre & mainline train station, there is an allocated parking space accessed via secure gated entrance. The property makes for an excellent investment or first time purchase, has a good lease and reasonable charges.

Parking - The apartment has an allocated space in the gated private car park.

Possible Rental Yield - The existing tenancy is running periodic, we believe the current rental value for a furnished let would be £1400 per calendar month which based on the asking price represents a possible gross rental yield of 5.9%

Lease Details - Years remaining: 105
Service charge: £1,804 PA
Ground rent: £100 PA
Ground rent review period: Every 25 years, next review 2028 doubling to £200

LEASE NOTE: Lease and service charge details are provided as a guide and are based on information supplied by the seller