£175,000
1 bed flat for saleReading Road, Winnersh, Wokingham, Berkshire RG41
1 bed
1 bath
1 reception
EPC Rating: B
- Auction
- Leasehold
Winkworth - Wokingham
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About this property
Auction
For Sale by Modern Auction – T & c’s apply
Subject to Reserve Price
Buyers fees apply
The Modern Method of Auction
Ground floor maisonette
Large living room
Modern kitchen and bathroom
Double bedroom
Communal gardens
1 Resident's parking space
For sale by modern method of auction ; Starting Bid £175,000 plus Reservation Fee.
This immaculately presented ground floor maisonette is conveniently located within walking distance of local shops and amenities plus Winnersh train station and the A329M providing access to the M4.
The apartment is finished to a high standard and boasts a brilliant open plan kitchen/living room, one double bedroom and a fully fitted four-piece bathroom suite. There is also a storage cupboard and an allocated parking space to the front of the development.
Further benefits include the large communal grounds to the rear, complete with raised decking areas
The flat comes with a share in the management company of the development which is owned and managed by the residents. This ensures they have direct control and a say in how the development is run and maintained and the service charge set. The flat benefits from its own front entrance which gives a sense of independence and results in a slightly lower contribution to the collective service charge due to the fact that it does not make use of internal common areas.
A new electric boiler, electronic programmer expansion vessel and underfloor heating pump were installed May 2022.
Auctioneer Comments
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
(Internal photos were taken prior to current tenant moving in)
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More information
Tenure
Leasehold (115 years)
Service charge
£1,234 per year
Council tax band
A band has not yet been confirmed.
Ground rent
£560
Ground rent date of next review