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£155,000

Studio for sale

East Street, Reading, Berkshire RG1

  • Leasehold

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: D

Key information

  • Tenure

    Leasehold (989 years)

  • Service charge

    £1,717 per year

  • Council tax band

    B

  • Ground rent

    £250

  • Ground rent date of next review

Winkworth - Reading

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About this property

  • Investment Purchase as being sold with tenant in Situ

  • Studio Apartment

  • Finished To A High Specification

  • Heart Of The Town Centre

  • Living Space/Bedroom

  • Kitchen & Shower Room

  • Allocated Car Parking Space

  • Lease 990 plus years

  • Annual Service Charges: £1250

  • Annual Ground Rent: £250

A superb centrally located studio apartment built by Thomas Homes in 2015 in the favoured Chambers development, within walking distance of the Oracle shopping centre and the mainline station. Finished to a high specification throughout to include a dual aspect living space/bedroom area being open plan to the kitchen which has a comprehensive range of built in appliances including a fridge/freezer and a Bosch slimline dishwasher and there is a shower room. The property further benefits from a video entry system and a storage cupboard which houses the Smeg washer/dryer and there is an allocated car parking space. The property would make an excellent first time or investment purchase with a monthly rental income of £850pcm. Reading is set between the River Thames and River Kennet which meanders through the town centre. The Oracle shopping centre offers an abundance of bars, restaurants and the latest shops. The property is superbly located for commuters using Reading train station which serves direct access to London Paddington in just over 20 minutes and is soon to be on the Elizabeth Line (Crossrail) linking Reading with the City of London and Canary Wharf.

Location: Located in the heart of the town centre and within easy walking distance of the train station which serves direct access to London Paddington in just 25 minutes. Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away.

Reading offers a rich mix of shops and markets. In the heart of the town, The Oracle combines chic boutiques with department stores such as Debenhams and House of Fraser and within a minute's walk there are many high-street favourites including John Lewis and Marks & Spencer. In the surrounding countryside you will also find farm shops and microbreweries selling an array of local produce.
There are restaurants, cafes and brasseries to suit every taste in Reading.

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