£190,000
1 bed flat for saleAbbey Square, Reading, Berkshire RG1
1 bed
1 bath
1 reception
EPC Rating: C
Just added
Chain free
Leasehold
About this property
One Bedroom Apartment
Gross Rental Yield Of 7.5%
0.3 Mile Walk From Station
No Onward Chain Complications
Heart Of Reading Town Centre
Open Plan Living
Offered to the market with no onward chain, this well-presented one-bedroom apartment is ideally situated in the heart of Reading town centre. The property is perfectly positioned for convenient access to a wide range of local amenities and transport links, and is just a short 0.3-mile walk from Reading station. Forbury Gardens and the Abbey Ruins are also within easy walking distance.
The apartment features a bright open-plan living space, a generously sized double bedroom, and a modern shower room. Currently tenanted, the property offers an attractive investment opportunity with a gross rental yield of approximately 7.5% per annum. EPC rating: C.
Local Information
Central Reading is ideal for commuters and families, with fast non-stop services to London Paddington, easy access to M4 Junctions 11 & 12, and proximity to London Heathrow, just 30 miles away. The town blends historic charm with modern amenities, featuring the Town Hall, Abbey Ruins, and Forbury Gardens, alongside the newly developed Train Station and Oracle Shopping Centre, which offers a vibrant mix of bars, restaurants, and shops. Located between the River Thames and River Kennet, Reading boasts numerous leisure opportunities, including gyms, clubs, and sports teams. Its education options are excellent, with a renowned university, college, and top primary and secondary schools.
Accommodation
The property is accessed via an entrance hall with doors leading to the open plan living/kitchen, the double bedroom and the shower room.
Outside Space
This property has no parking.
Additional Information
Water, mains drainage and electric
Reading Bourough Council
Council Tax Band B
Lease Information
Lease Length - 150 Years from 1st September 2013
Ground Rent - tbc
Service Charge - tbc
Should you proceede with the purchase of this property you should verify this information with your conveyancer.
Conveyancing
We work with DT Conveyancing to help you buy your property with confidence. Your dedicated conveyancer will keep you informed at every stage from start to finish. Making your move a stress-free and straightforward as possible.
Mortgages
your home may be repossessed if you do not keep up repayments on your mortgage
Exclusive deals are made available to Embrace Financial Services by primis Mortgage Network, to which Embrace Financial Services are an Appointed Representative
Davis Tate Limited is an Introducer Appointed Representative of primis Mortgage Network, a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products.
Embrace Financial Services Ltd. Is an Appointed Representative of primis Mortgage Network, a trading name of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority.
Lettings and management
We offer a complete range of services for Landlords, from fully managed lets to advertising only. Each Landlord who chooses full management has a personal Property Manager and all our fees are based on a ‘no let - no fee’ basis.
Disclaimer
These particulars are a general guide only. They do not form part of any contract. Services, systems and appliances have not been tested.
Buyers information
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of our appointed compliance provider, Simplify, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a charge of £99 including VAT for this (for the transaction not per person), payable direct to Simplify.
Referral fees
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Davis Tate.
DRE250790/
The apartment features a bright open-plan living space, a generously sized double bedroom, and a modern shower room. Currently tenanted, the property offers an attractive investment opportunity with a gross rental yield of approximately 7.5% per annum. EPC rating: C.
Local Information
Central Reading is ideal for commuters and families, with fast non-stop services to London Paddington, easy access to M4 Junctions 11 & 12, and proximity to London Heathrow, just 30 miles away. The town blends historic charm with modern amenities, featuring the Town Hall, Abbey Ruins, and Forbury Gardens, alongside the newly developed Train Station and Oracle Shopping Centre, which offers a vibrant mix of bars, restaurants, and shops. Located between the River Thames and River Kennet, Reading boasts numerous leisure opportunities, including gyms, clubs, and sports teams. Its education options are excellent, with a renowned university, college, and top primary and secondary schools.
Accommodation
The property is accessed via an entrance hall with doors leading to the open plan living/kitchen, the double bedroom and the shower room.
Outside Space
This property has no parking.
Additional Information
Water, mains drainage and electric
Reading Bourough Council
Council Tax Band B
Lease Information
Lease Length - 150 Years from 1st September 2013
Ground Rent - tbc
Service Charge - tbc
Should you proceede with the purchase of this property you should verify this information with your conveyancer.
Conveyancing
We work with DT Conveyancing to help you buy your property with confidence. Your dedicated conveyancer will keep you informed at every stage from start to finish. Making your move a stress-free and straightforward as possible.
Mortgages
your home may be repossessed if you do not keep up repayments on your mortgage
Exclusive deals are made available to Embrace Financial Services by primis Mortgage Network, to which Embrace Financial Services are an Appointed Representative
Davis Tate Limited is an Introducer Appointed Representative of primis Mortgage Network, a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products.
Embrace Financial Services Ltd. Is an Appointed Representative of primis Mortgage Network, a trading name of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority.
Lettings and management
We offer a complete range of services for Landlords, from fully managed lets to advertising only. Each Landlord who chooses full management has a personal Property Manager and all our fees are based on a ‘no let - no fee’ basis.
Disclaimer
These particulars are a general guide only. They do not form part of any contract. Services, systems and appliances have not been tested.
Buyers information
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of our appointed compliance provider, Simplify, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a charge of £99 including VAT for this (for the transaction not per person), payable direct to Simplify.
Referral fees
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Davis Tate.
DRE250790/
Mortgage calculator
Monthly repayment
£950 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (137 years)
Service charge
£2,000 per year
Council tax band
B
Ground rent
£150
Ground rent date of next review



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