Description

<u>The Sellers view</u>I bought this flat as a first time buyer 11 years ago, thinking it would be a stepping stone – somewhere to live for a few years before moving on. But I quickly fell in love with it, and those plans faded away. The location is truly exceptional. With shops, restaurants, hairdressers, cafés, and a pub all nearby, I've built wonderful connections with people in the area. The Oracle is just a 9 minute walk away (yes, I timed it!), offering great convenience without bringing the hustle and bustle too close to home. It’s the perfect balance – you have the energy of town on your doorstep, but you can easily retreat from it. Christmas shopping is a breeze when you can hop on a bus right outside the flats and be home just as effortlessly. What has always surprised me is just how peaceful and quiet it is here. For a long time, I wondered if I even had neighbours! The flat is wonderfully insulated from traffic sounds, and the area is surrounded by trees. Sitting in the living room, all I see are green leaves and all I hear are birds chattering away – it's a slice of calm in the middle of the city. The neighbours have been another highlight. They’re friendly, considerate, and there’s a real sense of community. Any maintenance issues are handled quickly, often by one particularly proactive resident who keeps us all informed. That said, there’s no pressure to get involved – if you prefer to keep to yourself, you’ll have the space to do so. This flat really does offer the best of both worlds – the vibrancy of urban life without the usual drawbacks. If I didn’t need to sell, I wouldn’t dream of letting it go, but I know it will thrive in new hands. I hope the next owner will love it just as much as I have. <u>The Agents View</u>This property would make an exceptional first-time buy or investment! Its proximity to the town centre and the Royal Berkshire Hospital places it in a highly desirable location, perfect for professionals and those who want convenience right on their doorstep. Plus, it has NO ONWARD CHAIN! The current owners have kept this flat in immaculate condition, so you can move in straight away with no work required (unless you’d like to add your personal touch). Situated on the second floor of an older block, the flat benefits from generously sized rooms – a feature rarely found in newer builds. While there’s no lift, the space and character of this apartment more than make up for it. The two double bedrooms are bright and roomy, giving you plenty of flexibility when it comes to furniture. The second bedroom, with its dual-aspect windows, is particularly lovely, with natural light streaming in throughout the day. The living room, complete with a charming bay window, is spacious enough for two sofas, a dining table, and all the essentials of modern living. It flows seamlessly into the modern kitchen, which boasts an impressive amount of storage – partly thanks to a cleverly repurposed cupboard that fits a full-sized fridge-freezer. There’s more than enough space for two people to cook together without feeling cramped. The bathroom is equally well-maintained, featuring a crisp white three-piece suite and an electric shower over the bath. To the rear of the building, you’ll find an allocated parking space for one vehicle and a small communal garden with benches where residents can relax and unwind. One of the standout benefits of this property is its lease. Currently 84 years, the owners are extending it to an incredible 990 years upon completion, and there will be no ground rent to pay – a huge bonus! <u>Landlords, Take Note</u>With a conservative rental estimate of £1,300 per month, this property offers an impressive gross annual yield of 7.09%! Recently, two apartments in this block rented for £1,300pcm, and they weren’t presented to the same high standard as this one. If you can find a better yield in Reading right now, I’d be genuinely curious to see it! <u>The Area View</u>For commuters, Bispham Court is perfectly positioned just 0.8 miles from Reading train station, offering superb access to London and beyond. It’s an easy 18 minute walk, or a quick journey by other means. By car, you can reach the A329 in just 10 minutes via the back roads, providing convenient access to Thames Valley Park, Bracknell, Wokingham, and the M4 motorway. Junction 11 of the M4 is approximately 13 minutes away in the opposite direction. For everyday essentials, the Tesco Express on London Road is just a 5 minute walk away. For your weekly shop, you’re spoiled for choice with supermarkets like Tesco Extra, Morrisons, and Aldi, all within a 10 minute drive. And, of course, Reading town centre and The Oracle – packed with shops, restaurants, bars, and vibrant nightlife – are only a 10 minute walk from the property. All distances and travel times are provided by Google Maps. Current Lease Length Remaining: 84 years approx. (Being extended to 990 years as we speak)Current Ground Rent: £0.00 per annumCurrent Service Charge: £2376.00 per annum