1 Bed Flat For Sale Oxford Road, Reading, RG1
£155,000- Flat
1 of 9
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Last Updated: 3rd June 2024
Description
This apartment offers immediate access to Reading Town centre and is a short distance from Reading mainline station. Consisting of an open-plan living area with a bay window, fitted kitchen, double bedroom, and bathroom. This property is being sold with no onward chain complications and would make an ideal first-time purchase or investment opportunity.
Additional Information - Financial & Lease Info - Years remaining: 115
Service charge: £1557.67( for year 2024 which includes a one off charge of £517 for the roof repairs)
Ground rent: £100 pa
Ground rent review period: Every 15 years, review 2029 doubling to £200 pa
Additional Information (Part B) - Property construction – Standard form
We are informed by the vendor that there are remedial repairs planned to take place on the roof in 2024/2025. For further information please ask the agent for details.
Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Electric
Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)
Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”
Parking - On-street parking requires residents and visitors permits which are issued upon application by Reading Borough Council, charges apply, for an up to date list of charges please check reading.gov.uk \"permit charges\"
Rental Yield - We believe the current rental value for a furnished let would be £900 per calendar month which based on the asking price represents a possible gross rental yield of 7%
Additional Information - Financial & Lease Info - Years remaining: 115
Service charge: £1557.67( for year 2024 which includes a one off charge of £517 for the roof repairs)
Ground rent: £100 pa
Ground rent review period: Every 15 years, review 2029 doubling to £200 pa
Additional Information (Part B) - Property construction – Standard form
We are informed by the vendor that there are remedial repairs planned to take place on the roof in 2024/2025. For further information please ask the agent for details.
Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Electric
Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)
Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”
Parking - On-street parking requires residents and visitors permits which are issued upon application by Reading Borough Council, charges apply, for an up to date list of charges please check reading.gov.uk \"permit charges\"
Rental Yield - We believe the current rental value for a furnished let would be £900 per calendar month which based on the asking price represents a possible gross rental yield of 7%
Agent Details
Haslams Estate Agents
155, Friar Street, Reading, RG1 1HE
Show Contact Number
0118 960 1000
Investment Analysis
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.