£150,000
1 bed property for saleReading Road, Wokingham RG41
1 bed
1 bath
1 reception
Retirement
Chain free
Leasehold
About this property
EPC Rated C
Wokingham Borough Council Tax Band B
Vacant possession
Half a mile to Wokingham Market Place
No onward chain. Situated just under half a mile of the Wokingham Market Place and rail station, a smartly presented ground floor maisonette set in an over 55’s retirement development built in the 1980’s. The property has it’s own personal front door yet enjoys the benefits of all the communal facilities. The 439 sq ft of accommodation comprises hallway, living room, newly refitted kitchen, bedroom and shower/wet room. The property has uPVC double glazing, electric heating and an EPC rating of C. To the front is a communal car park with spaces for residents and visitors and to the rear is an established, beautifully presented communal garden with a well-tended lawn area, mature trees, pond, water feature, outside lighting and seating area. Within the development there is a community room, a lift and a communal laundry room. Lease details 99 years from July 26th 2022 (new owners receive a new lease to 99 years on purchase), service charge for 1st April 2025 to 31st March 2026 £2,648.87 and no ground rent. On surrender of the lease there will be a charge of 2.5% of the sale price plus 0.5% of the sale price for every year that you have owned the property. For more detailed material property information please click on the various brochure links.
Building Safety
As is common with many properties built prior to 2000 there is a possibility that building materials used during their construction may contain Asbestos – you may wish to commission your own survey to establish whether this is the case with this property.
Mobile Signal
Vodafone, EE, O2 and 3 are available.
Building Safety
As is common with many properties built prior to 2000 there is a possibility that building materials used during their construction may contain Asbestos – you may wish to commission your own survey to establish whether this is the case with this property.
Mobile Signal
Vodafone, EE, O2 and 3 are available.
Mortgage calculator
Monthly repayment
£750 per month
Whole of market comparison
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (99 years)
Service charge
£2,649
Council tax band
B
Ground rent
Ground rent date of next review



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