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£190,000

2 bed flat for sale
Stratheden Place, Reading RG1

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Leasehold

Haslams Estate Agents

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About this property

  • Investment Opportunity - Rental income: £13,104 pa producing a 6.8% gross yield

  • 2 Bedrooms

  • Living room

  • Separate kitchen with oven & hob

  • Communal gated access to allocated car-port

  • Walking distance to mainline station and town centre

An investment opportunity within a popular town centre development, this 2 bedroom apartment occupies a first floor position. The apartment is offered for sale with a tenant in situ currently paying £13,104 pa. The property further benefits from communal gated access to an allocated car-port and is ideally positioned for the vibrant town centre with the mainline station and Oracle centre within a short walk. The apartment will appeal to investors who are seeking a well-planned apartment in a central Reading address.

Additional Information:

Parking
The property has an allocated car-port which has communal gated access.

Lease information.
Years remaining: 88 years
Service charge: £1110 per annum
Ground rent: £135 per annum
The vendor will provide on completion an extended lease of 990 years with a ground rent of £135pa reviewed in accordance with the existing lease for the duration of the existing lease, thereafter a peppercorn rent

Property construction – Standard form
Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - electric heating

Broadband connection available (information obtained from Ofcom):
Superfast - Fibre to the cabinet (fttc)

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”

The property is located on the first floor and accessed via a communal staircase.

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More information

  • Tenure

    Leasehold (88 years)

  • Service charge

    £1,110 per year

  • Council tax band

    C

  • Ground rent

    £135

  • Ground rent date of next review

See all recent sales in RG1

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.