No longer on the market
This property is no longer on the market
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Floorplan
Map1 bedroom apartment
Sold STC
Apartment
1 bed
1 bath
628
EPC rating: B
Key information
Features and description
- 6th floor 1 bedroom apartment
- Sizable 628 square foot apartment
- Private south facing balcony
- Concierge & stylish entrances
- Modern contemporary finish & high specification
- Either with or without tenants, possible gross rental yield of 6.1%
A light and airy 6th floor apartment situated in the popular Chatham Place development just a short walk of the vibrant town centre and the mainline station. A sizable apartment finished to a high standard in a contemporary style. The open-plan living room opens up to private balcony with elevated views over the communal gardens. The property can be purchased with tenant in situ or with vacant possession.
Communal Gardens - The communal gardens are enclosed and are paved with raised planters and a number of benches for use by the residents.
Tenancy Details - The property is currently let on an assured shorthold tenancy for £1320 per calendar month, we believe the current rental value for a furnished let would now be £1350 per calendar month which based on the asking price represents a possible gross rental yield of 6.1%.
Lease Details - Years remaining: 235
Service charge: £1,716 PA
Ground rent: £350 PA
Ground rent review period: Every 10 years, review 2035 in line with RPI
LEASE NOTE: Lease and service charge details are provided as a guide and are based on information supplied by the seller
Concierge - The development has a concierge service which is located by the entrance to the car park.
Communal Gardens - The communal gardens are enclosed and are paved with raised planters and a number of benches for use by the residents.
Tenancy Details - The property is currently let on an assured shorthold tenancy for £1320 per calendar month, we believe the current rental value for a furnished let would now be £1350 per calendar month which based on the asking price represents a possible gross rental yield of 6.1%.
Lease Details - Years remaining: 235
Service charge: £1,716 PA
Ground rent: £350 PA
Ground rent review period: Every 10 years, review 2035 in line with RPI
LEASE NOTE: Lease and service charge details are provided as a guide and are based on information supplied by the seller
Concierge - The development has a concierge service which is located by the entrance to the car park.
Property information from this agent
About this agent
Haslams Estate Agents is a multi-award-winning agent located in the heart of Reading town centre. With over a lifetime's experience, Haslams has been trusted to sell and let homes around the Thames Valley since 1838. Our team of industry professionals have extensive knowledge in the Reading property market and all live around the area, allowing for up-to-date, expert advice. Whether you are looking to buy, sell, rent or let your home, a member of our accomplished team is available to help with all your property needs. Want to know how much your property is worth? Call us to get a free market appraisal today.