New homes
1 bedroom  flat for sale Beatty Rise, Spencers Wood, RG7, main image
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Guide price

£155,000

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1 bedroom flat for sale

Beatty Rise, Spencers Wood, RG7

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Key features

  • Top floor apartment
  • Spencers Wood area
  • 2.4 miles to junction 11 of the M4
  • 0.4 miles to local amenities
  • One allocated parking space
  • EPC Rating C

Floor plan

Description

Street View

EPC

Property description

Public Notice

Address: 39 Beatty Rise, Spencer’s Wood, Reading RG7 1FQ
We are acting in the sale of the above property and have received an offer of £155,000

Any interested parties must submit any higher offers in writing to the selling agent before an exchange of contracts takes place. EPC rating – C

A one bedroom top floor apartment located off the Basingstoke road. The property provides excellent access to the M4 Junction 11 located just 2.4 miles and 0.4 miles from local amenities. This top floor apartment is comprised of a living room, kitchen, double bedroom, and family bathroom. The property is in need of a refurbishment and is to be sold as seen. EPC Rating C. shared ownership and being staircased to 100% ownership

Potential rental yield of 6.69%
Call us to find out more

Spencers Wood is an expanding rural village located between the villages of Three Mile Cross and our neighbouring parish of Swallowfield. It has a library, post office, bakery, The Farriers Arms Pub and Lamb’s Lane Primary school amongst its diverse range of amenities. Local shops cater for day-to-day needs whilst more extensive shopping facilities may be found in the bustling market town of Wokingham and the town of Reading with its Oracle Shopping Centre. Railway stations providing services to London and the West Country may be found at Winnersh, Wokingham and Reading. Access to the M4 is available via Junction 11 which in turn provides access to Heathrow Airport, Central London, the West Country and M25.

The property is located on the top floor and is comprised of a 12.9ft by 12.7ft living room, kitchen, double bedroom, family bathroom and three storage cupboards.

One parking space is available for use by the owners of the property.

Wokingham Borough Council - Council Tax Band B
Mains Gas, Water and Electricity

99 year lease starting on 1st of April 2006.
Awaiting confirmation of ground rent and service charges from vendors.

Should you proceed with the purchase of the property these details must be verified by your solicitor.

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 a third party, Lifetime Legal, 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 nominal charge of £60 including VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.
 

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. (Not applicable to the Woodley branch – please contact directly for further information).

EPC

Energy Efficiency Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

80

Potential

80

CO2 Rating

Very energy efficient - lower running costs

(92 plus) A
(81 - 91) B
(69 - 80) C
(55 - 68) D
(39 - 54) E
(21 - 38) F
(1 - 20) G

Not energy efficient - higher running costs

Current

N/A

Potential

N/A
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Explore the area

Nearest schools

Lambs Lane Primary School
0.05 miles
Grazeley Parochial Church of England Aided Primary School
0.93 miles
Oakbank
1.16 miles
The Vine Christian School
1.24 miles
Alder Grove Church of England Primary School
1.48 miles

Predicted broadband speeds

  • Standard 16 mbps
  • Ultrafast 940 mbps

Mortgage calculator

Your payment

£?per month

Borrowing £139,500 and repaying over 25 years with a 2.5% interest rate.

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Stamp duty calculator

You would pay £

This calculator provides a guide to the amount of residential Stamp Duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 1 October 2021. For more information on Stamp Duty Land Tax, click here.

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