Standout Features
- Second floor apartment
- Spacious double bedroom
- Perfect for first time buyers or investors
- Town centre location
- Lift access
- The current service charge is approximately £2,500 per annum,
- Ground rent of £700 per annum.
- 999-year lease commencing 1 January 2016 lease
- potential rental income of approximately £1,200pcm
- No onward chain
Property Description
A well-presented one-bedroom second-floor apartment with no onward chain, ideally located in Reading town centre and within easy reach of local amenities, shops and transport links.
The property comprises a spacious open-plan living and kitchen area, a well-proportioned double bedroom and a modern bathroom. The property also benefits from lift access.
With a potential rental income of approximately £1,200 per calendar month, the property presents an attractive opportunity for investors.
The apartment is held on a 999-year lease commencing 1 January 2016. The current service charge is approximately £2,500 per annum, with ground rent of £700 per annum.
In compliance with UK Anti-Money Laundering legislation, we are required to carry out identity and AML checks on all buyers. A non-refundable fee of £25 per buyer applies which is payable on offer acceptance.
Additional Information
Tenure:
Leasehold
Ground Rent:
£700 per year
Service Charge:
£2,500 per year
Council Tax Band:
B
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Castle Street, Reading
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