Studio flat for sale in Castle Hill Reading RG1

Sale Price: £105,000

Castle Hill, Reading RG1

Studio
-- Bed(s)
1 Bath(s)
Under Offer

 10/11 Harris Arcade Station Road and Friar Street
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Street Address

Castle Hill, Reading RG1

Property description

A second floor studio flat is set in the popular Castle Hill conservation area. Benefits include laminate flooring in the lounge/bedroom, scenic views over Reading town centre and approximately 0.6 miles from the mainline station.

Internally the accommodation comprises of an entrance hallway with doors to lounge/bedroom and separate fitted kitchen and a shower room.

The property is ideally located within walking distance of Reading town centre and local amenities.

Enter into communal entrance hall with stairs to front door into…

Entrance hallway with doors to…

Lounge/Bedroom

Enter into lounge/bedroom with front and side aspect double glazed window and access to kitchen.

Kitchen

Front aspect double glazed window, range of cupboard units, and work surface with space for free standing electric oven, sink and drainer and space for washing machine and fridge/freezer.

Shower room

Enclosed shower cubicle, hand basin, WC, extractor and Dimplex electric heater

Key points:

• Investment opportunity
• No onward chain complications
• Remaining lease: 100 years approx
• Ground rent: £30 per annum
• Current rental income: £595pcm
• Estimated yield: 6.8%
• Management company:
John Mortimer
• EPC rating: 55 D

Local information:

Local authority: Reading Borough Council

Nearest stations

• Reading West (0.5 mi)
• Reading (0.6 mi)

Nearest Schools

• Coley Primary School 0.2 mi
• Katesgrove Primary 0.4 mi

the agent has not tested any apparatus, fittings or services and so cannot verify they are in working order. The buyer is advised to obtain verification from his/her solicitor or surveyor.
In the case of an extension or conversion, the agent has not verified any planning consents or building regulation approval that may be required. Samuel James Estate Agents, for themselves and for the seller of this property advise that; these particulars do not constitute any part of an offer or contract. All statements in these Particulars are made without liability on the part of Samuel James Estate Agents or the seller. They should not be relied upon as a statement or representation of fact. Any intending buyer must satisfy themselves as to their correctness. No representation or warranty whatsoever in relation to this property is made by the seller or Samuel James or any of its employees has any authority to make the same.

Property Features :

  • Double glazing
  • No onward chain complications
  • 2nd floor location
  • Ideal buy-to-let or starter home
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