1 bed flat for sale

Flat 1, 22 George Street, Reading, Berkshire RG1

Guide Price = £50,000+

**For Sale By Public Auction 24th June 2026 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

A Vacant Raised Ground Floor One Bedroom Flat

Tenure
Leasehold. The property is held on a 99 year lease from 24th June 2002 (thus approximately 75 years unexpired).

Location
The property is situated on a residential road close to local shops and amenities. The open spaces of Victoria Park Recreation Ground are within easy reach. Transport links are provided by Reading West rail station.

Description
The property comprises a raised ground floor one bedroom flat situated within a mid terrace building arranged over lower ground, raised ground and two upper floors.

Accommodation
Raised Ground Floor
Reception Room with Open-Plan Kitchen
Bedroom
Bathroom

Further Information
When purchasing a flat that has a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder. This is done by way of serving a Section 42 notice to the freeholder requesting a lease extension with a suggested price for the extension. The freeholder has the right to refuse the offer and submit a counter notice with their suggested price. If you do not fully understand this process, please ask the auctioneers or a solicitor.

EPC Rating
C


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