Property photos
Leasehold
£325,000
(£491/sq. ft)
2 bed flat for sale
Hewitt, Alfred Street, Reading RG12 beds
2 baths
1 reception
662 sq. ft
EPC rating: B
Key Information
Tenure:
Leasehold (241 years)
Service charge:
£3,425 per year
Council tax band:
D
Ground rent:
£350
Ground rent date of next review:
Local area information
Property location
Nearby amenities
- Civitas Academy 0.2 miles
- Oxford Road Community School 0.4 miles
- Reading 0.4 miles
- Reading West 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Reading to find out more about the local area.
Features and description
- Leasehold
- Stylish 2 bed apartment
- 17th floor with uninterrupted views
- Secure undercroft parking
- Concierge facilities
- Prime central development
- No onward chain
Situated on the 17th floor in one of the sought after Chatham Square apartment blocks. A secure development with concierge and under-croft parking facilities. You have uninterrupted far reaching views from this well presented 2 bedroom apartment. The development is ideally located with easy access easy access to the mainline station and the bars and restaurants of the town centre and will appeal to owner occupiers and investors alike.
Outside
Landscaped courtyard garden for use by the residents
Tenancy Situation & Rental Yield
Currently there are tenants in situ on a 12 month contract until 19th April 2025, the rent is £1700pcm which based on the asking price represents a possible gross rental yield of 6.2%
Note there is a 6-month break clause so notice could be served end the tenancy on 18th October 2024.
Additional Information:
Parking
Secure allocated under-croft parking
Part A
Lease information.
Years remaining: 241
Service charge: £3425.32 per annum
nb - We understand that provisions have been made within the service charge collection to cover the replacement of the aluminium façade panels over the next 10 years
Ground rent: £350
Ground rent review period: Every 20 years, in line with rpi, next review 2033
Part B
Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Underfloor heating supplied from a communal boiler
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”
Outside
Landscaped courtyard garden for use by the residents
Tenancy Situation & Rental Yield
Currently there are tenants in situ on a 12 month contract until 19th April 2025, the rent is £1700pcm which based on the asking price represents a possible gross rental yield of 6.2%
Note there is a 6-month break clause so notice could be served end the tenancy on 18th October 2024.
Additional Information:
Parking
Secure allocated under-croft parking
Part A
Lease information.
Years remaining: 241
Service charge: £3425.32 per annum
nb - We understand that provisions have been made within the service charge collection to cover the replacement of the aluminium façade panels over the next 10 years
Ground rent: £350
Ground rent review period: Every 20 years, in line with rpi, next review 2033
Part B
Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Underfloor heating supplied from a communal boiler
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”
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
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Listed by
Haslams Estate Agents
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