Guide price
£185,000
2 bed flat for saleRiverside House, Fobney Street, Reading, Berkshire RG1
2 beds
2 baths
1 reception
EPC Rating: C
- Chain free
- Auction
- Leasehold
Winkworth - Reading
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About this property
No Onward Chain
Two Bedroom & Two Bathrooms
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
Lease 977 years
Service Charge £3,800pa
Ground Rent £262 pa
Offered with no onward chain, this well-presented first-floor apartment combines modern living with excellent convenience.
The property features two bedrooms and two bathrooms, including a contemporary open-plan kitchen and spacious living/dining area. The building benefits from a lift for easy access, ensuring comfort and practicality for all residents.
With an exceptionally long lease of over 970 years, this home offers long-term security and peace of mind.
Ideally situated close to the town centre and train station, the apartment provides outstanding access to local amenities and transport links. Maintained in excellent condition throughout, it’s ready for you to move straight in.
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: Reading is one of the south east's largest towns just over 20 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 with department stores such as House of Fraser 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.
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More information
Tenure
Leasehold (974 years)
Service charge
£3,800 per year
Council tax band
D
Ground rent
£262
Ground rent date of next review