Property Details

2 bedroom apartment for sale For Sale

8, Oscar Wilde Road, Newtown, Reading, England, RG1 3FH, United Kingdom

£295,000

ROI = 9% BMV = -1.36%

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Description

Built by Bellway Homes is this 2 bedroom apartment, a large design in the development that offers modern accommodation and is within walking distance of Reading town centre and Reading mainline station. A short walk away is also local park areas and other amenities including a supermarket and shops. The property boasts a generous living area benefiting from integrated kitchen appliances, a East facing balcony, a family bathroom, and 2 double bedrooms, with a master bedroom benefiting from a balcony and ensuite shower room. This property is being sold with no onward chain complications. Additional Information: - Parking There is allocated parking available at the property Part A Lease information. Years remaining: 116 Service charge: £2107.68 per annum Ground rent: £440 per annum Ground rent review period: Every 5 years, in line with RPI, next review 2028 Part B Property construction – Standard form Services: Water – mains Drainage – mains Electricity - mains Heating - central boiler system 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 second floor and accessed via a lift Rental Yield - We believe the current rental value for a furnished let would be £1,500 per calendar month which based on the asking price represents a possible gross rental yield of 5%

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