£140,000
Studio for saleMarket Place, Reading, Berkshire RG1
1 bed
1 bath
EPC Rating: C
- Chain free
- Auction
- Leasehold
Winkworth - Reading
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About this property
No Onward chain
Modern Town Centre Studio Apartment
Second Floor With Lift
Rental Potential £995 pcm
Very Close To Train Station (0.2mile 5 Mins)
Fixed Timescales For Exchange And Completion
The Modern Method Of Auction
Buyers Fees Apply
For Sale by Modern Auction – T & c’s Apply
Subject To Reserve Price
Presenting a contemporary second-floor studio apartment, ideally located in the heart of Reading Town Centre and just moments from Reading Train Station. Offered to the market with no onward chain, this stylish property is in excellent condition and represents a perfect choice for first-time buyers, commuters or investors.
The apartment benefits from a bright open-plan living space filled with natural light, a sleek modern kitchen, a well-finished bathroom, underfloor heating throughout and the convenience of lift access. With a long 125-year lease from June 2016, it is both practical and future-proof.
Its prime central location provides easy access to vibrant cafés, restaurants, shops and everything Reading’s bustling town centre has to offer. This is a superb opportunity to secure a smart, modern studio in a highly sought-after setting. Contact us today to arrange a viewing.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.
Location: Market Place can be found in the heart of Reading Town centr. Reading is one of the south east's largest towns only 25 minutes from London by train, with trains running every five minutes or so, Reading is home to many of the city's commuters. Reading also has easy links by road or rail to Swindon, Oxford, Basingstoke, Heathrow and farther afield. Beyond the hive of commercial activity, Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away. Reading offers a rich mix of shops and markets. In the heart of the town, The Oracle combines chic boutiques and designer stores and within a minute's walk there are many high-street favourites including John Lewis and Marks & Spencer. There are restaurants, cafes and brasseries to suit every taste in Reading. Plus there are numerous bars and restaurants on the Oracle Riverside.
Reading school founded in 1125 is the 16th oldest school in England, there are 6 other state secondary schools along with 37 state primary schools in the borough. In addition there are some well-recognised and top ranked independent and public schools in Reading and its surrounding catchment. Schools such as Leighton Park, Queen Annes, The Abbey, Crosfields, Bradfield College, The Oratory and Bluecoat are just some of the outstanding public schools in the area. Kendrick girls' school is one of the top grammar schools in the UK. Reading University established in 1892 is a 'red brick' and ranked in the top 1% of universities in the world. There are almost 23,000 students from all over the globe.
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More information
Tenure
Leasehold (116 years)
Service charge
£1,400 per year
Council tax band
A
Ground rent
£150
Ground rent date of next review