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1 bed flat
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Our Summary
- Early viewing is highly recommended to fully appreciate the quality and convenience on offer with a 117-year lease, ground rent fixed until 2043, and service charges (£1,500) well below the UK average plus the potential investor appeal: Based on current rental rates, the property offers a potential 8% gross yield
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Description
This ground-floor apartment is located in a convenient area, a 5-minute walk from Reading West Station and a short stroll from the town centre. The property features a one-bedroom layout, with a modern refitted kitchen, a spacious living area, and a stylish bathroom. The apartment has undergone major upgrades (2023-2025), including a new smart electric heating system, a new consumer unit with EICR, a new hot water pump, and full glazing replacement.
The property has a 117-year lease, with a fixed ground rent until 2043, and service charges of £1,500 per annum, which is below the UK average. The living room measures approximately 4.72m x 2.90m, the kitchen measures approximately 3.05m x 2.03m, and the bedroom measures approximately 3.84m x 2.90m.