Ground Floor Flat

This property is a one bedroom ground floor flat situated in Reading, an ideal investment with a potential rental income of £1,100 per month (£13,200 per year), offering a potential Gross Yield of 11%. The property is located within convenient distance to Green Park, the University of Reading and has easy access to all major commuter links to local towns and the city centre.

Tenure

Leasehold. 99 Years from 1982

ACCOMMODATION

Entrance Hall Living Room: 13' 7" x 11' 9" Kitchen: 12' 1" x 5' 3" Bedroom: 12' 3" x 10' 5" Bathroom

VIEWINGS

Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on 03456 461361 to request a viewing.

FULL DETAILS

Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.

NOTICE TO BIDDER

Please be aware that if your Bid is successful on Auction day the exchange of contracts will happen immediately after the Auction.

COMPLETION TIMESCALE

Please note this has a 14 day completion.

Energy Efficiency Rating (EPC)

Current Rating D66

Local Authority

Wokingham District Council

Solicitors

Walker Morris LLP Solicitors, 33 Wellington Street, Ref: Walker Morris LLP Solicitors, Tel: 0113 457 0300

Additional Fees

Buyer's Premium - £1200 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.