1 bed flat for sale

Halcyon, Chatham Place, Reading RG1

A light and airy top floor apartment with elevated views with a southerly aspect. Situated in the popular Chatham Place development just a short walk of the vibrant town centre and the mainline station. A sizable apartment with an allocated parking space finished to a high standard in a contemporary style. The open-plan living room opens up to private balcony with far reaching views over the rooftops.

Additional Information - Financial & Lease Informa

Years remaining 235 years
Service charge: £1377.36 every 6 months
Ground rent: £350 per annum
Ground rent review period: Every 25 years, in line with the average earnings index, next review is 1st January 2035

Additional Information (Part B)

Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating

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

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

Parking

The property has an allocated parking space in the gated undercroft parking area.

Communal Gardens

The communal gardens are enclosed and are paved with raised planters and a number of benches for use by the residents.

Rental Yield

We believe the current rental value for a furnished let would be £1300 per calendar month which based on the asking price represents a possible gross rental yield of 6.5%