Property photos
Leasehold
£220,000
(£357/sq. ft)
1 bed flat for sale
Blakes Quay, Gas Works Road, Reading RG11 bed
1 bath
1 reception
617 sq. ft
EPC rating: C
Key Information
Tenure:
Leasehold (132 years)
Service charge:
£1,825 per year
Council tax band:
C
Ground rent:
£200
Ground rent date of next review:
Local area information
Property location
Nearby amenities
- Red Balloon Learner Centre Reading 0.2 miles
- St John's Church of England Primary School 0.3 miles
- Reading 0.6 miles
- Reading West 1.3 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Reading to find out more about the local area.
Features and description
- Leasehold
- Prime riverside development
- Secure underground parking
- Sizable apartment over 600 sqft
- Direct river views
- Option with tenants in situ - possible gross yield of 6.8%
- Walking distance to station
Located in the exclusive central Reading waterside development Blakes Quay is this stunning one bedroom apartment with delightful river views. The apartment has excellent natural light and a water views. Further complimented by undercroft parking, a residents gym, games room and meeting rooms. The gated development stands within well-tended communal grounds and is within a short walk to Reading train station with the shops and restaurants of the Oracle and Forbury Gardens nearby.
Lease Information
Remaining lease length: 132 years
Current maintenance charge: £1,825 pa
Ground rent: £200 per annum
Ground rent review period: Every 25 years, next review period 2029 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.
Residents Facilities
There is a gym and games room for use by the residents and there are meeting rooms which can be booked via the management company.
Parking
An allocated space in the undercroft parking area.
Outside
Electric gates open to the undercroft parking and the well maintained communal grounds.
Tenancy Details & Rental Yield
The property is currently let on an assured shorthold tenancy for £1250 per calendar month, which based on the asking price represents a possible gross rental yield of 6.8%.
Additional Information
Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating
Broadband connection available (information obtained from Ofcom):
Superfast - Fibre to the cabinet (fttc)
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 property is located on the first floor and accessed via a lift.
Lease Information
Remaining lease length: 132 years
Current maintenance charge: £1,825 pa
Ground rent: £200 per annum
Ground rent review period: Every 25 years, next review period 2029 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.
Residents Facilities
There is a gym and games room for use by the residents and there are meeting rooms which can be booked via the management company.
Parking
An allocated space in the undercroft parking area.
Outside
Electric gates open to the undercroft parking and the well maintained communal grounds.
Tenancy Details & Rental Yield
The property is currently let on an assured shorthold tenancy for £1250 per calendar month, which based on the asking price represents a possible gross rental yield of 6.8%.
Additional Information
Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating
Broadband connection available (information obtained from Ofcom):
Superfast - Fibre to the cabinet (fttc)
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 property is located on the first floor and accessed via a lift.
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
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Listed by
Haslams Estate Agents
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Property descriptions and related information displayed on this page are marketing materials provided by - Haslams Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Haslams Estate Agents for full details and further information.