Studio for sale

Grovelands Road, Reading RG30

Sansome & George Reading - A purpose built first floor studio apartment with garage which has comprehensively updated throughout and offered to the market with no chain.

A purpose built first floor studio apartment with a new lease of 125 years which has been comprehensively updated throughout and offered to the market with the advantage of vacant possession hence ‘no onward chain’ complications. Having been tastefully decorated the property would make an ideal first time purchase or a ‘turn key’ buy-to-let investment purchase generating a realistic monthly rental income of circa £850 per calendar month.

The property is conveniently located in a pocket development approximately 2 miles to the west of Reading town centre as well as being 1.4 miles from Tilehurst Train Station (Oxford), and 1 mile from West Reading Train Station (Reading, Paddington, Newbury, Basingstoke). A wealth of local amenities to include Prospect Park, shops and supermarkets, takes aways, pubs and cafés are allvwithin walking distance.

Approached via communal entrance hall with telephone entry system, internal accommodation comprises of hallway giving access to fitted bathroom and dual aspect 13’ x 10’ living room with opening to the fitted rear aspect kitchen with electric oven and hob, washing machine and fridge freezer. The property is further complemented by Economy 7 pressurised hot water and heating system, double glazing and a garage.

For more information or to arrange an appointment to view, please call Sansome & George Reading.

Leasehold information:-

Lease Term:- 125 years from 2025 hence circa 125 years remaining ( New Lease)
Ground Rent:- £74 Per Annum
Service/Maintenance Charges:- £904 per annum

Reading Borough Council - Band B