2 bedroom apartment

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%