1 bed flat for sale

50 Flagstaff Road, Green Park, Reading RG2

A superb one-bedroom, contemporary-styled apartment located on the third floor of the premium Bankside Gardens development—a stunning lakeside project by St Edward Homes, forming part of the highly sought-after Green Park Village. The property features an open-plan living area with a well-equipped kitchen and direct access to a stunning wraparound balcony. The development is set within landscaped grounds that incorporate cycle paths, running routes, and nature trails. Residents benefit from a wide range of amenities, including the Residents' Club, which hosts a concierge, gym, in-house cinema, and meeting room. Green Park Business Park and Green Park Station are within a short walk, offering a swift six-minute train journey to Reading mainline station. Junction 11 of the M4 is also nearby.

Residents Facilities & Concierge

On-site Residents Club exclusively for residents include a concierge, state of the art gym, cinema room for private hire, a co-working studio with meeting room and a Tesco express.
Neighbouring Green Park Village has further amenities including Tesla superchargers, a primary school, a gym, a swimming pool, can also be enjoyed at Green Park
Business Park.

Additional Information:

Parking
The apartment has an allocated parking space and there are visitors spaces for
shared use which require permits.
On-street parking requires residents and visitors permits which are issued upon
application by Reading Borough Council, charges apply, for an up to date list of
charges please check "permit charges"

Local authority: Reading Borough Council
Council tax band: C

Years remaining: 991
Service charge: £1516.06 pa
Ground rent: £250 pa
Ground rent review period: Every 21 years, review 2037 in line with rpi

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”

Rental Yield

The property is currently let with the tenants paying £1600 per month for a furnished let, which based on the asking price represents a possible gross rental yield of 6.8%