This property is no longer on the market
1 bedroom apartment
Key information
Property description & features
- Long leasehold residential investment
- One bedroom apartment
- Riverside location and views
- On site parking space
- Secure, gated development
- Close to town centre
- Producing £15,000 per annum
- Online Auction on Thursday, 19 September 2024
The property comprises a one bedroom apartment totalling approximately 57.32 sq m (617 sq ft) situated on the ground floor of a secured and gated, modern, purpose-built development. The apartment is arranged as a living room, kitchen, one bedroom and a bathroom/WC. The flat benefits from river views, an on-site parking space, residents' gym, games room and meeting rooms that can be booked via the management company. Exernaly there are communal grounds.
Location:
Reading is a principal town in the Thames Valley lying approximately 40 miles west of London and 25 miles south east of Oxford. It is situated just to the north of the M4 motorway, from which it can be accessed via junctions 11 and 12. Reading railway station is a major rail hub providing regional and national rail links including direct services to London Paddington via GWR and the recently opened Elizabeth Line (Crossrail). Numerous bus services serve the area and London Heathrow Airport lies approximately 25 miles to the west.
Gas Works Road lies just to the east of the town centre and runs east from Kings Road adjacent to the River Kennett. The property lies at the eastern point of an island surrounded by the River Kennett and is close by to bars and restaurants. Reading town centre lies within a few minutes' walk providing numerous retail and leisure opportunities.
Tenancy:
Let on an Assured Shorthold Tenancy for a term of 12 months from 13/10/2023 at a rent of £1,250 per annum (£15,000 per annum)
A rent deposit of £1,384.62 is held
Online Auction on Thursday, 19 September 2024. For further information, such as legal documents and property information, please visit bidx1.com.
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Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021
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