This centrally located apartment by Thomas Homes is situated in the favoured Chambers development and is within walking distance of the Oracle development and the mainline station. Located on the first floor and accessed via well-kept communal areas, the apartment is presented in a contemporary style and is finished to a high specification. The property will appeal to purchasers seeking a town centre address either for investment or occupation with the benefit of parking and no onward chain complications.
Description -
Parking - There is an allocated parking space in the undercroft car park.
Additional Information Part A - Part A
Lease information.
Service charge: £1680 pa
Ground rent: £250 pa
Ground rent review period: Every 15 years, in line with RPI, next review 2030
Additional Information Part B - Property construction – Standard form
Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - electric heating
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”
Additional Information Part C - Part C
The apartment is located on the first floor and is accessed via a communal staircase.
We understand that a nearby property has planning permission approved for 8 Flats, Application Number: 211063, Site Address:Zoar Strict Baptist Chapel South Street Reading
Rental Yield - The current rental on a furnished is £1050 per calendar month which based on the asking price represents a gross rental yield of 7%.