Property Details

2 bedroom apartment for sale For Sale

£220,000

ROI = 11% BMV = 22.6%

Gallery

Description

Offered to the market with no onward chain is this two bedroom second floor apartment. Presented in immaculate condition the property is located a short distance from local amenities and the Reading town center too. The accommodation comprises of two double bedrooms a large three piece bathroom and, thanks to the double aspect, a light and airy open plan kitchen living space. This property also benefits from an allocated parking space. This property really offers the opportunity for someone to move in straight straight away without the concern of any maintenance work. We recommend coming to view to fully appreciate the great location and also presentation of this property. Additional Information: - Parking There is an allocated parking space that comes with this property. Part A Lease information. Years remaining: 991 (Share or freehold) Service charge: £2,400 PA Ground rent: £0 Part B Property construction – Standard form Services: Water – mains Drainage – mains Electricity - mains Heating - Electric heating 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” Part C The current seller of this property is not a qualified leaseholder, this may present issues for onward protection under the building safety act, for further details please contact the office. The property is located on the second floor and accessed via a lift. Rental Yield - We believe the current rental value for a furnished let would be £1,350 per calendar month which based on the asking price represents a possible gross rental yield of 7%

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