1 bed flat for sale

Kings Road, Reading RG1

Occupying a first floor position within an attractive period building which has been sympathetically converted to provide 8 apartments. This 1 bedroom apartment features a well-planned layout with an open plan living room with a well-equipped kitchen area. Finished to a good standard throughout with a modern bathroom suite and well-kept communal areas the apartment is ideally situated for the vibrant town centre and the mainline station with the shops and restaurants of the Oracle within a short walk along the River Kennet.

Communal Area

There is a residents bike store for shared use.

Additional Information:

Parking
There is no parking available at the property

Lease information.
Years remaining: 999
Service charge: £100 per month
Ground rent: Peppercorn

Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Electric mains

Broadband connection available (information obtained from Ofcom):
Standard - adsl/copper wire

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”

Rental Yield

The property is currently let on an assured shorthold tenancy for £1100 per calendar month, which based on the asking price represents a possible gross rental yield of 7.1%