1 bedroom apartment for sale

PARKERS - Offered to the market with no onward chain and priced to sell, this well-presented one-bedroom first-floor apartment represents an excellent opportunity for both first-time buyers and investors alike. Currently achieving a strong 8% gross yield, the property provides immediate income potential while also offering comfortable, low-maintenance living.

The accommodation comprises a welcoming entrance hallway providing access to all rooms, including a fitted kitchen, a well-proportioned lounge/dining room, a generous double bedroom and a modern bathroom. The layout is practical and well balanced, making the apartment both comfortable to live in and easy to let. Finally the property does have allocated parking as well.

The property is ideally located within easy reach of Prospect Park, offering excellent green open space and leisure facilities, while the Meadway shopping parade is also close by, providing a range of everyday amenities including supermarkets, cafes and local services. Transport links are readily accessible, making this a convenient location for both owner occupiers and tenants.

The apartment is held on a lease with approximately 103 years remaining, with ground rent and service charges totalling £171 per calendar month, representing a well-managed and affordable ongoing cost.

LOCAL AUTHORITY AND SERVICES
Reading Borough Council Tax Band B £1,841.36 PA

In accordance with anti–money laundering (AML) regulations, all buyers are required to undergo identity and compliance checks. Please note that an AML check fee of £25.00 will be charged to each buyer as part of this process. This fee is non-refundable and payable prior to the release of sales memorandums or progression of any transaction.