£180,000

1 bed flat for sale

Property photos

Sold STC

Leasehold

£180,000

(£475/sq. ft)

1 bed flat for sale
15 East Street, Reading RG1

1 bed

1 bath

1 reception

379 sq. ft

EPC rating: D

Key Information

Tenure:

Leasehold (990 years)

Service charge:

£1,678 per year

Council tax band:

Ground rent:

£250

Ground rent date of next review:

Ask agent

Ground rent review period:

Every 15 years

Local area information

Property location

Nearby amenities

Kendrick School 0.1 miles
The Deenway Montessori School 0.1 miles
Reading 0.5 miles
Reading West 1.1 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
Potential gross yield of 7%: One bedroom apartment
Open-plan living room with well-equipped kitchen area
Modern shower room
Allocated under-croft parking space
Entry phone system; Walking distance of mainline station
Suitable for investment or owner occupier; No onward chain

This centrally located apartment by Thomas Homes is situated in the favoured Chambers development and is within walking distance of the Oracle development and the mainline station. Located on the first floor and accessed via well-kept communal areas, the apartment is presented in a contemporary style and is finished to a high specification. The property will appeal to purchasers seeking a town centre address either for investment or occupation with the benefit of parking and no onward chain complications.

Parking

There is an allocated parking space in the undercroft car park.

Additional Information Part A

Part A
Lease information.
Service charge: £1680 pa
Ground rent: £250 pa
Ground rent review period: Every 15 years, in line with rpi, next review 2030

Additional Information Part B

Property construction – Standard form

Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - electric 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”

Additional Information Part C

Part C
The apartment is located on the first floor and is accessed via a communal staircase.
We understand that a nearby property has planning permission approved for 8 Flats, Application Number: 211063, Site Address:Zoar Strict Baptist Chapel South Street Reading

Rental Yield

The current rental on a furnished is £1050 per calendar month which based on the asking price represents a gross rental yield of 7%.

There are some planning applications within 0.5 miles of this home

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Floor plans and tours

Floor plans (1)

Tours (1)

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Listed by

Haslams Estate Agents

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Property descriptions and related information displayed on this page are marketing materials provided by - Haslams Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Haslams Estate Agents for full details and further information.