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Jubilee Square, Reading, Berkshire... 2 bed apartment for sale
Quadrant Court, Jubilee Square, Reading, Berkshire, RG1
£190,000
Quadrant Court, Jubilee Square, Reading, Berkshire, RG1
£190,000
Our Summary
- Council Tax Band B This charming 2-bedroom flat offers fantastic potential for anyone looking to add value, whether you intend to live in it personally or let it out
- While some cosmetic updating is required throughout, the realistic asking price reflects this, making it an excellent opportunity to create your ideal home or investment property
- With 101 years remaining on the lease, ground rent of £240 per annum, and an annual service charge of approximately £1,968 (£164 per month), this property offers an attractive rental potential of around £1,500 per month
- Key Features:Second-floor flat with inward-facing position, offering peace and quietSecure underground parking and lockable bike storageLift access directly to the flat and basementSpacious lounge/diner with patio doors to sunny private patioSeparate kitchen with potential for open-plan conversionMain bedroom with en-suite shower roomResident's gym on-site, popular for renters or lodgersLeasehold with 101 years remaining, ground rent £240pa, service charge approx
- Auctioneers Additional CommentsPattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'
- This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent
- The property is being sold via a transparent online auction
- Separate kitchen with potential for open-plan conversion
Description
This charming 2-bedroom flat is being sold via online auction, with a starting bid of £190,000. The property requires some cosmetic updating, but its realistic asking price reflects this, making it an excellent opportunity to create your ideal home or investment property. Located on the second floor, the flat enjoys a peaceful setting with no road or traffic noise, and benefits from secure, electric gates providing access to an underground parking space and lockable bike storage. The flat features a spacious lounge/diner with patio doors leading out to a sunny private patio, a separate kitchen, and a main bedroom with en-suite shower room. The building also offers a resident's gym, making it an appealing choice for investors or those looking for a project. With 101 years remaining on the lease, ground rent of £240 per annum, and an annual service charge of approximately £1,968, this property offers an attractive rental potential of around £1,500 per month.