£170,000
(£439/sq. ft)
1 bed flat for saleCastle Street, Reading RG1
1 bed
1 bath
1 reception
388 sq. ft
EPC Rating: C
Added on
Martin & Co Reading
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About this property
Second floor apartment
Spacious double bedroom
Perfect for first time buyers or investors
Town centre location
Lift access
The current service charge is approximately £2,500 per annum
Ground rent of £700 per annum.
999-year lease commencing 1 January 2016 lease
Potential rental income of approximately £1,200pcm
No onward chain
A well-presented one-bedroom second-floor apartment with no onward chain, ideally located in Reading town centre and within easy reach of local amenities, shops and transport links.
The property comprises a spacious open-plan living and kitchen area, a well-proportioned double bedroom and a modern bathroom. The property also benefits from lift access.
With a potential rental income of approximately £1,200 per calendar month, the property presents an attractive opportunity for investors.
The apartment is held on a 999-year lease commencing 1 January 2016. The current service charge is approximately £2,500 per annum, with ground rent of £700 per annum.
In compliance with UK Anti-Money Laundering legislation, we are required to carry out identity and aml checks on all buyers. A non-refundable fee of £25 per buyer applies which is payable on offer acceptance.
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More information
Tenure
Leasehold (990 years)
Service charge
£2,500 per year
Council tax band
B
Ground rent
£700
Ground rent date of next review