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2 bedroom apartment for sale
Quadrant Court, Jubilee Square, Reading
£230,000
Quadrant Court, Jubilee Square, Reading
£230,000
Our Summary
- There is cosmetic updating required throughout however this has been very generously compensated for in the realistic asking price
Description
This apartment on the second floor of a building offers a rare opportunity to add value and renovate to suit individual tastes. Although it requires cosmetic updating throughout, the asking price reflects this, making it a realistic investment. The apartment benefits from a quiet location, facing inwards and away from the main road, and features electric gates, secure underground parking, and a lockable bike store. The property has a spacious entrance hallway, a lounge/diner with patio doors leading to a sunny courtyard, a separate kitchen with ample space for appliances, and a bedroom with an en-suite shower room. The apartment also has access to a residents' gym, making it an attractive option for renters or lodgers. With a leasehold remaining for 102 years, ground rent of £240 per annum, and a service charge of approximately £1,968 per year, this property presents a solid investment opportunity with a potential net yield of 6.87%.