£140,000

1 bed flat for sale
Merchants Place, Reading RG1

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

Just added
Chain free
Leasehold
Added on 26/08/2026

About this property

  • Town centre location

  • Spacious accommodation

  • 5 min walk to train station

  • Current gross rental income £14,400pa

  • Balcony

  • Cash buyers only

  • Currently no EWS1

Northwood are pleased to offer to the market this spacious 1 bedroom apartment. Located in the heart of the town centre a 5 minute walk to the station and close to all local amenities, restaurants and bars. The accommodation consists of entrance hall, spacious open plan kitchen living room with balcony, double bedroom and bathroom. The property is sold with no onward chain complications. Current gross rental income £14,400pa. No EWS1- Cash buyer only.

Lease - 130 years

Ground rent - £250pa

Service charge - Circa £3000pa

EPC rating: C.

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Monthly repayment

£700 per month

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More information

  • Tenure

    Leasehold (NaN years)

  • Service charge

    £3,000 per year

  • Council tax band

    C

  • Ground rent

    £250

  • Ground rent date of next review

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Northwood - Reading

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