Flat for sale in Kings Road, Reading RG1

£230,000
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Flat for sale - 1 bedroom

1 1 1

Tenure:
Leasehold
Time remaining on lease:
244 years
Service charge:
£2,337.56 per year
Ground rent:
£275
Council tax band:
C

Property features

  • Marketed by Kiel & Dan **check out the video tour**
  • One Bedroom, Second Floor Apartment
  • No Onward Chain with 245 Year Lease Remaining
  • Concierge & Allocated Secure Parking Space
  • Central Reading Location Close to Crossrail/Reading Station
  • Awesome Roof Terrace Views
  • Residents Gym & Lift Access
  • Built-in Appliances
  • Ideal First Time Buy/Investment Given the Ongoing Growth of Reading
  • Did I Mention the Roof Terrace?

Property description

Central Reading Second Floor Apartment With Secure Parking, Roof Terrace And Concierge!

Sellers view:"In the short time we have owned the property we have been more than happy with the return it has provided us.

Knowing the area well, we knew it was a sound investment and will continue to be for the foreseeable as the town (feels more like a city) continues to grow. Tenants have never been an issue to secure and the rates are strong due to the location and amenities this apartment block has to offer. From the roof terrace to the gym to the secure parking, there is so much to benefit from here that you won't get for a similar price close by.

We are only selling due to a change in our own circumstances otherwise it would have likely been a lifetime investment to hand down. As it is, we are passing the mantle on and offering somebody else the opportunity to succeed our vision and benefit from the future returns."

Kiel's View:
"Wow! Imagine having a roof terrace over the summer months!
Entertaining friends, working from home (when it's warmer) or even on fireworks night! And with the gym downstairs there's no excuse for not getting 'summer ready' either.

Close to Reading town centre, this is a great home for a first time buyer/couple and/or investment given the growth potential Reading continues to fulfil with little effort and exceptional long-term expectations.
Built-in dishwasher and fridge with ample space in the storage cupboard for the washing machine in addition to the megaflow tank. Finished to a high standard and ready to move into with no onward chain.

You also have access to your allocated, secure parking space with fob access. Oh, and did I mention the roof terrace?.."

Area view:
In close proximity to the property you have access to Reading town centre and The Oracle Shopping Centre, here major stores can be found together with specialist retailers. Reading is known for the annual joint music festivals 'Reading & Leeds Festival' and has a vibrant night life and entertainment scene all year round.

Reading is also renowned for it's world famous University. When it comes to outdoor space, exercise and relaxation, there are ample long walks or cycle rides along the Thames path that are a perfect way to spend a Sunday. Caversham Lakes, home to prestigious rowing and sailing clubs, are not far away either.
The transformation of Reading continues to make it an ever popular choice for commuters into London. It's less than half an hour into Paddington, one of London's best connected Stations.

Ground Rent £275pa (Jan-Dec 24)
Service Charge £584.39 per quarter (Jan-Mar 24) - £2,337.56pa

Property info

Floorplan(s): 3073634

3073634 View original

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For more information about this property, please contact
Avocado Property, RG42 on +44 1344 527167 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Avocado Property, and do not constitute property particulars. Please contact Avocado Property for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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