Property Details

1 bedroom apartment for sale For Sale

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

£280,000

ROI = 6% BMV = -8.28%

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Description

This stylish apartment is located in the exclusive Hindmarsh Lofts development by Highfield which enjoys a prime town centre position within walking distance of the mainline station, riverside shops and restaurants of the Oracle shopping centre. With attention to detail and a high standard of finish these individual homes have a sense of art-deco styling and a residents lift. In this specific apartment owners also benefit from a generous open-plan living room with a balcony and a well-equipped kitchen area. The property will appeal to both investors and owner occupiers seeking a stunning apartment in a central address which further benefits from being sold with a closed onward chain. Additional Information: - Parking There is no parking available at the property Part A Lease information. Years remaining: 115 Service charge: £1658 per annum Ground rent: £300 per annum Ground rent review period: Every 25 years, fix increase of £300, next review 2034 Part B Property construction – Standard form Services: Gas - mains Water – mains Drainage – mains Electricity - mains Heating - Gas central 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” The property is located on the first floor and accessed via a lift. Rental Yield - We believe the current rental value for a furnished let would be £1,300 per calendar month which based on the asking price represents a possible gross rental yield of 5.6%

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