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Leasehold

£395,000

(£412/sq. ft)

2 bed flat for sale

Chatham Place, Reading RG1
2 beds
2 baths
1 reception
959 sq. ft
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£395,000

(£412/sq. ft)

2 bed flat for sale
Chatham Place, Reading RG1

    • 2 beds

    • 2 baths

    • 1 reception

    • 959 sq. ft

  • EPC Rating: B

Leasehold

About this property

  • Split-level duplex apartment

  • 2 Bedrooms with access to roof garden, principal with en suite

  • Impressive open-plan living room with roof terrace and newly fitted kitchen

  • Allocated parking; Residents lift; Concierge

  • Roof terrace with steps down to roof garden

  • Townscape views

This impressive 2 bedroom split-level duplex apartment is located on the 7th & 8th floor of this sought after town centre development and is within a short walk of the vibrant town centre and the mainline station. One of only two apartment of this style, the 959 sq ft apartment has been finished to a high standard and offers contemporary styled living accommodation with impressive communal areas. Featuring light and airy rooms that are complimented by full height windows and a high standard of presentation throughout. The open-plan living room features a media wall with shelving and a stunning kitchen area with striking townscape views. The full height windows form a glazed wall with access to the roof terrace with glazed balustrades and steps lead down to an enclosed roof garden which is ideal for al-fresco dining. The two double bedrooms are located on the lower floor and each have direct access to the roof garden with an en suite to the principal bedroom

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.

Lease Information

Years remaining: 235
Service charge: £2500 pa
Ground rent: £350 pa
Ground rent review period: Every 10 years, review 2034 in line with rpi

lease note: Lease and service charge details are provided as a guide and are based on information supplied by the seller

Rental Yield

We believe the current rental value for a furnished let would be £2200 per calendar month which based on the asking price represents a possible gross rental yield of 6.2%

More information

  • Tenure

    Leasehold (235 years)

  • Service charge

    £2,500 per year

  • Council tax band

    D

  • Ground rent

    £350

  • Ground rent date of next review

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