2 Bed Flat For Sale Alfred Street, Reading, RG1

£315,000- Flat

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Last Updated: 18th May 2024

Description

A very well presented 4th floor two bedroom apartment situated in the popular Chatham Place development just a short walk of the vibrant town centre and the mainline station. A well maintained development with on site concierge and secure undercroft parking. The apartment is finished to a high standard in a contemporary style.

Additional Information - Financial & Lease Info - Years remaining: 233
Service charge: £1940 PA
Ground rent: £350 PA
Ground rent review period: Every 10 years, review 2032 in line with RPI

Please note: Lease and service charge detail is provided as a guide and is based on information supplied by the seller.

Additional Information (Part B) - 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”

Possible Rental Yield - The property is currently let on an assured shorthold tenancy for £1800 per calendar month which based on the asking price represents a possible gross rental yield of 6.8%

Parking - The apartment has an allocated space in the undercroft car park

Concierge - The development has a concierge service which is located by the entrance to the car park.
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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Potential Return-on-Cash Invested