Flat for sale in 15 East Street, Reading RG1

A centrally located contemporary styled apartment by Thomas Homes in a choice central Reading address. The development is ideally positioned within walking distance of the Oracle development and the mainline station and the apartment benefits from an allocated parking space. Located on the ground floor, this well-planned home has been finished to a high standard with a well-equipped kitchen area, shower room and an entry phone system. The apartment will appeal to purchasers seeking a town centre address either for investment or occupation with the benefit no onward chain complications.

Parking

The apartment has an allocated parking space in the undercroft car park, bay number 2.

Additional Information - Financial & Lease Info

Years remaining:990
Service charge: £1680 pa
Ground rent: £250 pa
Ground rent review period: Every 15 years, in line with rpi, next review 2030

Additional Information (Part B)

Property construction – Standard form

Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Electric heating

Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)

Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”

Additional Information (Part C)

We understand that a nearby property has planning permission approved for 8 Flats, Application Number: 211063, Site Address:Zoar Strict Baptist Chapel South Street Reading

Rental Yield

We believe the current rental value for a furnished let would be £1075 per calendar month which based on the asking price represents a possible gross rental yield of circa 7.0%