Located in the exclusive central Reading waterside development Blakes Quay is this stunning one bedroom apartment with delightful river views. The apartment has excellent natural light and a water views. Further complimented by undercroft parking, a residents gym, games room and meeting rooms. The gated development stands within well-tended communal grounds and is within a short walk to Reading train station with the shops and restaurants of the Oracle and Forbury Gardens nearby.
Lease Information - Remaining lease length: 132 years
Current maintenance charge: £1,825 PA
Ground rent: £200 per annum
Ground rent review period: Every 25 years, next review period 2029 in line with RPI
Please note: Lease and service charge detail is provided as a guide and is based on information supplied by the seller.
Residents Facilities - There is a gym and games room for use by the residents and there are meeting rooms which can be booked via the management company.
Parking - An allocated space in the undercroft parking area.
Outside - Electric gates open to the undercroft parking and the well maintained communal grounds.
Tenancy Details & Rental Yield - The property is currently let on an assured shorthold tenancy for £1250 per calendar month, which based on the asking price represents a possible gross rental yield of 6.8%.
Additional Information - Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating
Broadband connection available (information obtained from Ofcom):
Superfast - Fibre to the cabinet (FTTC)
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”
The property is located on the first floor and accessed via a lift.