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Leasehold

£190,000

2 bed flat for sale

Stratheden Place, Reading RG1
2 beds
1 bath
1 reception
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£190,000

2 bed flat for sale
Stratheden Place, Reading RG1

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

Leasehold
Added on 29/08/2025

About this property

  • Investment Opportunity - Rental income: £13,104 pa producing a 6.8% gross yield

  • 2 Bedrooms

  • Living room

  • Separate kitchen with oven & hob

  • Communal gated access to allocated car-port

  • Walking distance to mainline station and town centre

An investment opportunity within a popular town centre development, this 2 bedroom apartment occupies a first floor position. The apartment is offered for sale with a tenant in situ currently paying £13,104 pa. The property further benefits from communal gated access to an allocated car-port and is ideally positioned for the vibrant town centre with the mainline station and Oracle centre within a short walk. The apartment will appeal to investors who are seeking a well-planned apartment in a central Reading address.

Additional Information:

Parking
The property has an allocated car-port which has communal gated access.

Lease information.
Years remaining: 88 years
Service charge: £1110 per annum
Ground rent: £135 per annum
The vendor will provide on completion an extended lease of 990 years with a ground rent of £135pa reviewed in accordance with the existing lease for the duration of the existing lease, thereafter a peppercorn rent

Property construction – Standard form
Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - electric 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 communal staircase.

More information

  • Tenure

    Leasehold (88 years)

  • Service charge

    £1,110 per year

  • Council tax band

    C

  • Ground rent

    £135

  • Ground rent date of next review

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