2 bedroom apartment for sale
Key information
Property description & features
- Extended lease circa 999 years
- Georgian conversion
- Allocated parking
- Well presented throughout
- Top floor apartment with loft space
- Walking distance to Oracle & mainline station
Located adjacent to the University of Reading Great Hall and close to the Royal Berkshire Hospital, Albion Terrace is set back behind railings and features well-kept communal grounds. As well as the light and airy accommodation the apartment further benefits from allocated parking space which are approached via secure electric gates. The appeal of the development is enhanced further by being within walking distance of the town centre Oracle development and Crossrail - Elizabeth line - Reading to Paddington. The apartment will appeal to investors and owner occupiers seeking a prime town centre address, viewings highly recommended.
Additional Information - Financial & Lease Info - Share of freehold
Years remaining: Currently being extended to 999 years
Service charge: £2,200 pa
Ground rent: Peppercorn
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 website "Broadband and mobile coverage checker"
The property is located on the top floor and there is no lift.
The property is on a water meter, which is located by the rear stairs.
Additional Information (Part C) - The property is grade II listed and built originally in the 1800's
Albion Terrace is part of the Kendrick Road conservation area
Parking - The property comes with an allocated parking space
Rental Yield - We believe the current rental value for a furnished let would be 1,400 per calendar month which based on the asking price represents a possible gross rental yield of 6.3%
Property information from this agent
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Property reference 33128312. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Haslams Estate Agents - Reading.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 22, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on February 27, 2024 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.