1 bedroom flat for sale
Key information
Property description & features
- Tenure: Leasehold (87 years remaining)
- CASH BUYERS ONLY TO BE SOLD WITH TENANTS IN SITU (Fixed term tenancy until Sep 2025 £1125pcm)
- One bedroom top floor apartment with parking under 10 minutes walk from Reading Station
- Council Tax Band B, Electric Heating, EPC Band D
- On the edge of the transformed Station Hill area offering new retail and leisure facilities for local residents with future development of the Caversham Road area
- Split level apartment at the top of the building offering peace and quiet
Welcome to this delightful one-bedroom, top-floor, split-level apartment situated minutes walk from Reading Station. This property offers an exceptional opportunity for investors or owner occupiers who don’t need to move until next autumn, blending comfort, convenience, and an enviable location.
The apartment is offered with tenants in situ (fixed term agreement until Sep 2025 at £1125pcm) and can be sold as seen with furniture and white goods. Inside, you'll find a spacious living room, a well-designed kitchen, a modern bathroom, and a generous bedroom, all thoughtfully laid out to maximize space and comfort. Being on the top floor, this apartment provides a peaceful retreat from the hustle and bustle of everyday life.
One of the key benefits of this property is the allocated parking space within a barriered car park, offering peace of mind for vehicle owners.
For investors, this property represents a compelling investment opportunity with a strong rental yield. Priced at £170,000 and with a monthly rent of £1,125, the rental yield stands at an attractive 7.89%. This makes it a solid choice for those looking to expand their property portfolio in a high-demand area. PLEASE NOTE THIS PROPERTY IS FOR CASH PURCHASE ONLY DUE TO LENDERS RESTRICTIONS ON THE LEASE TERMS
The location of Regents Court is one of its most significant assets. Just a short walk from Reading Mainline Station, this apartment is perfect for commuters, offering direct connections to London Paddington in under 30 minutes. The station area has seen significant redevelopment, including the transformation of the station itself and the ongoing regeneration of the Caversham Road area
With all these advantages, Regents Court is an opportunity not to be missed. Whether you're looking for a new home or a lucrative investment, this property offers everything you need and more.
EPC Rating: D
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Property reference fc85e08a-9aec-4839-853b-6e6845758914. 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 Black & White Property Services - Caversham.
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Broadband availability and predicted speed: obtained from Ofcom on January 7, 2022
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 January 7, 2022
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 December 8, 2020 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.
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