Offered to the market with no onward chain complications is this 650 sqft one bed penthouse apartment. With far reaching townscape views from the roof terrace, this well-planned contemporary styled apartment enjoys plenty of light and is finished to a high standard with undercroft parking.
Reading town centre is a short walk with a plethora of retail shops and eateries. Reading mainline train station is also less than 5 minutes away which gives direct access to Paddington and wider London stations. Viewings highly recommended.
Additional Information - Financial & Lease Info - Years remaining: 103
Service charge: £2200 pa
Ground rent: £150 pa
Ground rent review period: Every ## years, in line with RPI, next review ##
Additional Information (Part B) - Property construction – Standard form
In accordance with the building safety act we are informed by the vendor that there are remedial repairs planned to take place on the wood in the construction of the cladding on the balconies. The vendor also informs us that the management company will be repairing the paved flooring on the balcony.
Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Electric
Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)
Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”
Additional Information (Part C) - The property is located on the 5th floor and is accessed via a lift.
Parking - There is undercroft parking which is allocated to this property.
Rental Yield - We believe the current rental value for a furnished let would be £1250 per calendar month which based on the asking price represents a possible gross rental yield of 6.5%.