1 bed flat for sale

Knowsley Road, Tilehurst, Reading RG31

Summary

Sold via Secure Sale online bidding. Terms & Conditions apply.
This first floor one bedroom apartment is conveniently situated above Tesco and has it's own parking. No onward chain. EPC Rating C.
Local information

Tilehurst is on the western side of Reading and covers a large area running from the Oxford Road in the North to the Bath Road (A4) to the south. Very popular with families, Tilehurst has a large range of schools and several local shopping parades and large Waitrose Supermarket as well as superb communication being just a few minutes drive from J12 of the M4 and with Tilehurst station being just two stops from Reading with its 30-minute trip to London Paddington and Elizabeth Line to all parts of London.
Accommodation

Communal entrance with stairs leading to communal landing, entrance hall, sitting room/dining room open plan to kitchen, double bedroom with wardrobes, bathroom.
Outside space

Behind the building, there is parking for the apartments with one space reserved for flat 2.
Local authority and services

West Berkshire Council, Newbury -
Council Tax band A.
All main services, gas central heating.
Tenure

The property is leasehold with an unexpired term of approximately 59 years.
The current Ground Rent is 125 per 6 months, equivalent to 250 per annum.
The variable service charge is 424.50 for the current 6 months, equivalent to 849 per annum.

Council Tax Band: A
Tenure: Leasehold
Length of Lease: 59
Annual Ground Rent Amount: 250.00
Annual Service Charge Amount: 850.00

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.