1 Bed Flat For Sale Denmark Road, Reading, RG1

£200,000- Flat

1 of 14
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Last Updated: 26th April 2024

Description

Located on the top floor of this attractive Victorian semi-detached property which is situated in a prime residential address within a choice Conservation area. This well-presented one bedroom apartment is ideally positioned within the University area close to the hospital and the riverside shops and restaurants of the Oracle. A short walk takes you to the King George Memorial gardens in Eldon Square and the mainline station and local bus routes are within walking distance. The period conversion has been finished to a high standard and the well-kept communal areas complement this superb apartment.

Additional Information - Financial & Lease Info - Years remaining: 999
Service charge: TBC
Ground rent: Peppercorn

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 a conservation area

The property is located on the second floor and accessed via communal stairs.

The vendors also own Flat 2 which is used as for their graphic design business.

Parking - There is on-street parking which requires residents and visitors permits that 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 £1100 per calendar month which based on the asking price represents a possible gross rental yield of circa 6.6%.
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