Guide price

£180,000

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1
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1 bedroom flat for sale

The Forbury, Reading, RG1

  • ATTENTION INVESTORS - TENANT IN SITU
  • One Bedroom First Floor Apartment
  • Town Centre Location
  • 0.3 Miles From Reading Station
  • In Excess Of 5% Yield
  • Well Presented Throughout

Key facts

Tenure Leasehold
Lease length (At time of listing) 114 years and 11 months
Council Tax Band - C
Service charge (Per annum) £2,798
Ground rent (Per annum) £300
EPC C

Description

Floorplan

EPC

Property description

*ATTENTION INVESTORS - tenant in situ* Offered to the market with no onward chain complications and conveniently positioned within Reading Town Centre is this well presented one bedroom first floor apartment. Situated just over a quarter of a mile from Reading mainline station giving direct access to London as well as access to all the amenities nearby. The property benefits from an open plan living/dining/kitchen, double bedroom & bathroom. With a potential rental yield in excess of 7% pa this could suit investors or owner occupiers alike. EPC C.

Local Information
Fast non-stop services to London Paddington and the Elizabeth line giving access from Reading to central London, access to Jct. 11 & 12 of the M4 and within 30 miles of London Heathrow, central Reading is a desirable area for commuters and families alike. The town is made up of old and new, the Town Hall, Abbey Ruins and Forbury Gardens are complemented by the newly developed Train Station and Oracle Shopping Centre offering numerous bars, restaurants and the latest shops. Reading is set between the River Thames and River Kennet which meanders through the centre. There is no shortage of leisure facilities with various gyms, clubs and societies not to mention its own football and rugby teams. Reading boasts its renowned university along with college and highly sought after primary and secondary schools.

Accommodation
Communal Entrance with stairs and lift access to the first floor. Hallway into the apartment with doors leading to double bedroom, modern style bathroom and into the open plan living/diner and kitchen area.

Additional Information
Reading Borough Council
Council Tax Band C
Electricity, mains and water connected.

Lease 125 years from 1st January 2015
Service Charge £2,798.24pa
Ground Rent £300pa

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

Important information for potential purchasers
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.

Buyer 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 non-refundable charge of £78.00 including VAT. This does not increase if there is more than one individual selling. This will be collected in advance by Lifetime Legal as a single payment. Lifetime Legal will then pay Us £26.00 Inc. VAT for the work undertaken by Us.

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).

Floorplan

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

77

Potential

79

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
View full EPC
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