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EE Rating
Popular
Total views:  2500+
Guide price
£255,000

2 bedroom apartment for sale

Kings Road, Reading, RG1
Chain-free
Apartment
2 beds
1 bath
991
EPC rating: D
Added > 14 days

Key information

TenureLeasehold | 129 yrs left
Ground rent£150 per annum | review period: 25 yrs
Service charge£2,595.96 per annum
Council taxBand C
Mobile signal
EEO2ThreeVodafone

Features and description

  • Investment purchase, possible gross yield 7.5%
  • 2 Bedroom 2 bathroom apartment
  • Gated alliocated parking, residents lift & video entry system
  • Well-equipped kitchen area with appliances
  • Dual aspect iving room
  • Centrallly located landmark period building
INVESTMENT OPPORTUNITY WITH TENANTS SITU
Forming part of a Georgian building of Bath stone within the Eldon Road Conservation Area, this ground-floor apartment combines period character with contemporary comfort. Converted by TA Fisher in 2006, the home includes a dual-aspect living and dining area, a separate kitchen with integrated appliances, and two double bedrooms — the main with an en suite and the second opening onto a private terrace. Additional features include gated parking and gas central heating. Perfectly positioned for Reading station, the Royal Berkshire Hospital and The Oracle, the apartment is offered with no onward chain.

Rental Yield - The property is rented on an assured shorthold tenancy ending 9th November 2026, currently rented at £1600 per calendar month which based on the asking price represents a possible gross rental yield of 7.5%

Additional Information: - Parking
The property has an allocated parking space accessed through electric gates

Lease information.
Years remaining: 129
Service charge: £2595.96
Ground rent: £150
Ground rent review period: Every 25 years, doubling to £300 in 2030

Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating

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 grade II listed

Property information from this agent

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About this agent

Haslams Estate Agents  - Reading
Haslams Estate Agents - Reading
159 Friar Street Reading, Berkshire RG1 1HE
0118 443 9546
Full profileProperty listings
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.
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