LogoLogo
Sold STC

Baron Court, Reading, RG30

£175,000Leasehold

111

Key Information

Tenure:Leasehold
Service charge:ÂŁ1,093 per year
Ground rent:ÂŁ173 per year
Time remaining on lease:948 years
Council tax band:B
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

1-bedroom first-floor purpose-built apartment
Garage in a nearby block
Residents' parking available
Freshly decorated throughout
Newly fitted kitchen with space for appliances
Insulated underlay ready for new carpets
1000-year lease from December 25, 1973
Leasehold with a ground rent of ÂŁ86.50 per half-year & ÂŁ1093 current service charges until March 2025
NO CHAIN - Vacant Possession
Spacious & light filled

Description

Spacious first floor 1-bed l flooded with light l residents' parking & garage l Strong investment potential with high rental yield l Excellent transport links l Refreshed throughout l NO CHAIN

This spacious 1-bedroom first-floor purpose-built apartment is ideal for first-time buyers or investors looking for a no-chain sale with vacant possession. Offering a freshly decorated interior & new UPVC front door, this apartment features a new, fully fitted kitchen with plenty of space for appliances. Large reception room & double bedroom both rooms are flooded with natural light from the large double-glazed windows, Bathroom with bath, w.c & wash basin. The property also comes with insulated underlay ready for new carpets, ensuring comfort, warmth & soundproofing & is double-glazed throughout. The apartment benefits from residents' parking and a garage located in a nearby block.

The lease is set at an impressive 1000 years from December 25, 1973, with a ground rent of ÂŁ86.50 every six months and current service charges of ÂŁ1093 until March 2025.

Investment Opportunity:

This apartment is an excellent investment opportunity, with an estimated rental value of ÂŁ950 - ÂŁ1000pcm per month. This would provide a rental yield of approximately 6.5%, making it a strong addition to any property portfolio. The attractive price point, combined with the long lease, parking & spacious accomodation, enhances its appeal for both long-term tenants and potential capital growth.

Local Area & Transport Links:

Western Elms Avenue in Reading offers excellent transport connectivity, making it an ideal location for commuters and residents.

Train Services:

  • Reading West Railway Station: Located approximately a 3-minute walk from Western Elms Avenue, Reading West station provides direct services to London Paddington, with journey times as short as 35 minutes.

  • Reading Railway Station: Situated about 1 mile from Western Elms Avenue, Reading station is a major transport hub offering extensive services, including direct trains to London Paddington and London Waterloo.

Bus Services:

The area is well-served by several bus routes, providing convenient access to various parts of Reading and beyond. Notable routes include:

  • Route 33: Connects Central Reading to Turnham's Farm via Tilehurst Road, Corwen Road, Pierces Hill, and Little Heath Road.

  • Route 15: Links Central Reading to Calcot (Sainsbury's) via Oxford Road, Dee Park, and Tilehurst Triangle.

  • Route 17: Travels from Wokingham Road (Three Tuns) to Tilehurst (Water Tower) via Cemetery Junction, Central Reading, and Oxford Road.

These routes, among others, have stops near Western Elms Avenue, ensuring easy access to public transportation.

Local Amenities:

The vicinity of Western Elms Avenue boasts a range of local amenities, including supermarkets, restaurants, and a 24-hour pharmacy. Additionally, a GP surgery is located at the corner of the avenue, enhancing the convenience for residents.

In summary, Western Elms Avenue offers residents and investors a well-connected location with easy access to train and bus services, complemented by a variety of local amenities.

Viewings not available

St Edward's Prep
(0.06 miles)
Number of pupils: 186
Age Range: 3 - 11
All Saints Church of England Aided Infant School
(0.21 miles)
Good
Number of pupils: 60
Age Range: 5 - 7
All Saints Junior School
(0.21 miles)
Outstanding
Number of pupils: 96
Age Range: 7 - 11
Cranbury College
(0.22 miles)
Number of pupils: 107
Age Range: 5 - 16
Battle Primary Academy
(0.23 miles)
Good
Number of pupils: 446
Age Range: 3 - 11
Oxford Road Community School
(0.3 miles)
Good
Number of pupils: 256
Age Range: 3 - 11
Wilson Primary School
(0.49 miles)
Good
Number of pupils: 456
Age Range: 3 - 11
The WREN School
(0.52 miles)
Good
Number of pupils: 906
Age Range: 11 - 19
Civitas Academy
(0.56 miles)
Good
Number of pupils: 295
Age Range: 4 - 11
St Mary & All Saints Church of England Primary School
(0.68 miles)
Number of pupils: 304
Age Range: 3 - 11

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ921 /mo.25 Years, 5% Interest
Loan
ÂŁ157,500
Total Repay
ÂŁ276,219

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ0
Register for Property Alerts

Register for Property Alerts

We tailor every marketing campaign to a customer’s requirements and we have access to quality marketing tools such as professional photography, video walk-throughs, drone video footage, distinctive floorplans which brings a property to life, right off of the screen.