2 bedroom apartment

*AUCTION END DATE TUESDAY 5TH NOVEMBER AT 14.00 * This second floor apartment is situated on the favoured Battle Square development to the west of Reading. Enjoying elevated views and positioned close to the central communal park-like gardens, the well-appointed property is finished in a modern contemporary style. Featuring two bedrooms with the principal bedroom benefitting from an en-suite shower room while the open-plan living room has a well-equipped kitchen area and a Juliette balcony. The property also features allocated parking in the undercroft car park, well-maintained communal grounds and a lift. Located adjacent to a Tesco store with a wide range of local shops and amenities within walking distance of the development. Featuring excellent transport links by both road and rail with Reading West station and the mainline station nearby. Let with an assured shorthold tenancy on a furnished basis with a monthly rental of £1425, and based on the guide price gives a gross yield of 10.7%.

Communal Grounds - The development features well-kept communal grounds for shared use with a central park with a children's play area.

Additional Information: - Parking
The property has an allocated space in the undercroft car park numbered 269.

Lease information:
Years remaining: 113 years
Service charge: 4461.66
Ground rent: 400.00
Ground rent review period: Every 15 years, in line with RPI, next review 2027

Property construction – Standard form
Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - communal heating system and heating is controlled in flat.
Billed by Billing Agent (Data Energy) quarterly from meter readings and paid to Remus Energy supplier
is appointed by Remus.
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”

The current seller of this property is not a qualified leaseholder under the building safety act, for further details please contact the office.
The property is located on the second floor and accessed via a lift.

Rental Yield - * The current rental on a furnished basis is £1425 per calendar month which based on the asking price represents a possible gross rental yield of 10.7%

Auction - For Sale Via Haslams Online Auction powered by Bamboo Auctions.

Auction end date and time: 1pm on 5th November 2024
The auction will be exclusively available online via our website including the legal pack information when we receive the required information.

The registration process is extremely simple and free. Please visit Haslams website: and click on the 'online auction' tab
A 'register' button can be found on this page or by clicking into the individual listing.

Stage 1) Register your email address, create a password and confirm your account.
Stage 2) View the legal pack and arrange any viewings
Stage 3) If you would like to bid, use the 'dashboard' button and complete your ID check and enter your payment and solicitors details
Stage 4) You are ready to bid - Good Luck!

Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. The reserve price is not disclosed and remains confidential between the seller and the auctioneer and is set within the guide range.

A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids.

Some Vendors may consider offers prior to the auction. These offers can only be submitted via Haslams and under auction conditions. The complete legal pack would need to be inspected before an offer would be considered.

Please get in touch if you have any questions regarding Online auctions or would like to arrange a viewing.