Property Details

1 bedroom flat for sale For Sale

King's Road, Caversham, Reading, England, RG4 8DU, United Kingdom

£189,950

ROI = 9% BMV = 2.6%

Gallery

Description

A modern one bedroom second floor apartment converted in 2019, being sold with a tenant in situ currently paying £1100 pcm, the property is achieving a gross rental yield of 6.9% annually. Located less than one mile from a wealth of amenities and within walking distance of Reading town centre, The Royal Berkshire Hospital and Reading Station. Reading Station offers access to London Paddington within 25 minutes, as well as being on the Elizabeth Line making travelling to the City of London more convenient. The building features a 24 hour concierge desk, a residents GYM and a landscaped communal roof terrace with great views of Reading and the surrounding areas. COMMUNAL HALL: With concierge desk, lift access to all floors. SECOND FLOOR LANDING: Front door to, ENTRANCE HALL: Electric meter cupboard, large utility/boiler cupboard with appliance space for washing machine, entry phone, sliding doors to bedroom area and shower room, open to, LIVING ROOM: - 4.83m (15'10") x 3.33m (10'11") 2 double glazed picture windows, electric radiator, sliding doors to bedroom area, open plan with kitchen area KITCHEN AREA: Single drainer one and a half bowl sink with mixer tap, eye and base level cupboards, electric oven, hob and extractor, glass splashback, undercounter fridge and dishwasher. BEDROOM: - 2.54m (8'4") x 3.12m (10'3") Sliding door mirror fronted wardrobe, electric radiator. SHOWER ROOM: - 1.4m (4'7") x 2.9m (9'6") Suite comprising large walk in shower, vanity unit with wash hand basin and cupboards under, fitted mirror, low level WC, extractor fan, heated towel rail. COMMUNAL FACILITIES: Landscaped roof terrace, air conditioned GYM, 24 hour concierge service LEASE INFORMATION & CHARGES: 245 years remaining on lease, service charge £561.63 per quarter, ground rent £195 per year Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Purchasers must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Find out More