Property With Potential logo Property With Potential - return to homepage
1 bed property, in Southcote Road, £170,000
>

Sponsored Get a Survey — free quotes via ReallyMoving

1 bed flat

Southcote Road, Reading RG30
£170,000

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

Get alerted when similar properties are listed — Subscribe

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.