Stratheden Place, Reading 2 bed apartment for sale

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Stratheden Place, Reading 2 bed apartment for sale

Stratheden Place, Reading RG1
£190,000

Our Summary

  • An investment opportunity within a popular town centre development, this 2 bedroom apartment occupies a first floor position
  • Investment Opportunity - Rental income: £13,104 pa producing a 6

Description

This 2-bedroom apartment is an investment opportunity located in a popular town centre development in Reading. The property is situated on the first floor and offers a tenant in situ, currently paying £13,104 per annum. The apartment benefits from communal gated access to an allocated car-port and is within walking distance to the town centre, mainline station, and Oracle centre. The property is well-planned and suitable for investors seeking a central Reading address. The apartment is available with 88 years remaining on the lease, with a service charge of £1,110 per annum and ground rent of £135 per annum. The vendor is willing to provide an extended lease of 990 years with a ground rent of £135 per annum reviewed in accordance with the existing lease.