This property has been taken off the market.

1 Bed Flat For Sale Coley Avenue, Reading, RG1

£180,000- Flat

1 of 9
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Last Updated: 17th April 2024

Description

Offered to the market with no onward chain is this one bedroom second floor apartment. The accommodation comprises of a large lounge/diner, separate kitchen, three piece bathroom and generous double bedroom. The bedroom is ideally located at the front of the property with a southerly aspect, allowing light to fill the room. This property also comes with allocated off-road parking in the walled car park and is surrounded by well kept communal grounds
Berkeley Court is ideally located within walking distance of local amenities and in to Reading town center. Here you will find a plethora of shops, restaurants and Reading mainline station, allowing easy access to London and beyond. The property is well presented throughout and is ready for the next owner to move in to straight away, viewings come highly recommended.

Additional Information - Financial & Lease Info - Years remaining: 237
Service charge: £1671 per annum
Ground rent: £80 per annum
Ground rent review period: Every 25 years, and goes up £80. Next review date is 2035

Additional Information (Part B) - Property construction – Standard form

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)

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) - The property is located in Castle Hill conservation area where some extra planning controls and considerations may apply.

Parking - There is off road allocated parking available at the property

On-street parking requires residents and visitors permits which are issued upon application by Reading Borough Council, charges apply, for an up to date list of charges please check reading.gov.uk \"permit charges\"

Rental Yield - We believe the current rental value for a furnished let would be £1,000 per calendar month which based on the asking price represents a possible gross rental yield of 6.7%
Agent Details
Haslams Estate Agents
155, Friar Street, Reading, RG1 1HE
Show Contact Number
0118 960 1000

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested