Guide Price £189,950 - New Instruction


  • Investment Opportunity
  • Modern Open Plan Living Space
  • Large Communal Roof Terrace
  • Air Conditioned Residents GYM
  • 24 Concierge Desk
  • Walking Distance to Town Centre, Station and Hospital

A modern one bedroom second floor apartment converted in 2019, being sold with a tenant in situ currently paying £1100 pcm, the property is achieving a gross rental yield of 6.9% annually. Located less than one mile from a wealth of amenities and within walking distance of Reading town centre, The Royal Berkshire Hospital and Reading Station. Reading Station offers access to London Paddington within 25 minutes, as well as being on the Elizabeth Line making travelling to the City of London more convenient.

The building features a 24 hour concierge desk, a residents GYM and a landscaped communal roof terrace with great views of Reading and the surrounding areas.

COMMUNAL HALL:
With concierge desk, lift access to all floors.

SECOND FLOOR LANDING:
Front door to,

ENTRANCE HALL:
Electric meter cupboard, large utility/boiler cupboard with appliance space for washing machine, entry phone, sliding doors to bedroom area and shower room, open to,

LIVING ROOM: - 4.83m (15'10") x 3.33m (10'11")
2 double glazed picture windows, electric radiator, sliding doors to bedroom area, open plan with kitchen area

KITCHEN AREA:
Single drainer one and a half bowl sink with mixer tap, eye and base level cupboards, electric oven, hob and extractor, glass splashback, undercounter fridge and dishwasher.

BEDROOM: - 2.54m (8'4") x 3.12m (10'3")
Sliding door mirror fronted wardrobe, electric radiator.

SHOWER ROOM: - 1.4m (4'7") x 2.9m (9'6")
Suite comprising large walk in shower, vanity unit with wash hand basin and cupboards under, fitted mirror, low level WC, extractor fan, heated towel rail.

COMMUNAL FACILITIES:
Landscaped roof terrace, air conditioned GYM, 24 hour concierge service

LEASE INFORMATION & CHARGES:
245 years remaining on lease, service charge £561.63 per quarter, ground rent £195 per year



Council Tax
Reading Borough Council, Band B

Ground Rent
£195.00 Yearly

Service Charge
£561.63 Quarter Yearly

Lease Length
245 Years

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Purchasers must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Floor Plan
EER Chart

The Energy-Efficiency Rating is a measure of a home's overall efficiency. The higher the rating, the more energy-efficient the home is, and the lower the fuel bills are likely to be.

Utility Supply Type
Electric Mains Supply
Gas None
Water Mains Supply
Sewerage None
Broadband None
Telephone None

Other Items Description
Heating Not Specified
Garden/Outside Space No
Parking No
Garage No

Broadband Coverage Highest Available Download Speed Highest Available Upload Speed
Standard 15 Mbps 1 Mbps
Superfast 80 Mbps 20 Mbps
Ultrafast 1000 Mbps 1000 Mbps

Mobile Coverage Indoor Voice Indoor Data Outdoor Voice Outdoor Data
EE Enhanced Enhanced Enhanced Enhanced
Three Enhanced Enhanced Enhanced Enhanced
O2 Enhanced Enhanced Enhanced Enhanced
Vodafone Enhanced Enhanced Enhanced Enhanced

Broadband and Mobile coverage information supplied by Ofcom.


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