Guide price
£130,000
(£335/sq. ft)
1 bed flat for saleCastle Street, Reading RG1
1 bed
1 bath
1 reception
388 sq. ft
EPC Rating: C
About this property
Being sold via Secure Sale online bidding
Immediate ‘exchange of contracts’ available
Perfect for first time buyers or investors
Town centre location
Lift access
The current service charge is approximately £2,500 per annum
Ground rent of £700 per annum.
999-year lease commencing 1 January 2016 lease
Second floor apartment
No onward chain
A well-presented one-bedroom second-floor apartment with no onward chain, ideally located in Reading town centre and within easy reach of local amenities, shops and transport links.
The property comprises a spacious open-plan living and kitchen area, a well-proportioned double bedroom and a modern bathroom. The property also benefits from lift access.
With a potential rental income of approximately £1,200 per calendar month, the property presents an attractive opportunity for investors.
The apartment is held on a 999-year lease commencing 1 January 2016. The current service charge is approximately £2,500 per annum, with ground rent of £700 per annum.
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£650 per month
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More information
Tenure
Leasehold (990 years)
Service charge
£2,500 per year
Council tax band
B
Ground rent
£700
Ground rent date of next review
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