Newly released – a beautifully presented one-bedroom ground-floor maisonette, with vacant possession and no chain, privately positioned at the rear of this small development. Offering 441 sq ft of contemporary accommodation, its own entrance and allocated parking, this is an excellent first home, commuter base or investment with a potential gross yield over 8%

FULL DESCRIPTION

Tucked discreetly away at the rear of a small development, Brigham Place offers something increasingly difficult to find this close to Reading Station: a smart, contemporary home with its own entrance, and an allocated off-street parking space just 8 minutes walk to the North entrance of Reading Station.

Its position away from the main road gives the maisonette a distinctly different feel from a conventional town-centre apartment. It will particularly appeal to buyers who want the convenience of station living but would rather avoid a large apartment building or a home with direct road frontage.

The accommodation extends to 441 sq ft and opens into a spacious kitchen, living and dining room measuring 17'4" by 14'10". This sociable open-plan space provides clearly defined areas in which to cook, dine, relax & work, with extensive glazing allowing plenty of natural light into the room.

The contemporary kitchen is arranged along one wall, maintaining the room’s open feel while providing a good range of fitted cabinets, preparation space and integrated appliances. There is ample room for both a dining table and comfortable living-room furniture, making this a home that works just as well for entertaining as it does for a quiet evening in.

The double bedroom measures 12'3" by 11'5" and offers excellent usable floor space for a one-bedroom property. A modern bathroom completes the accommodation, fitted with large contemporary walk-in shower, vanity unit, WC, tiled walls and heated towel rail.

Outside, the maisonette has an allocated parking space—an especially valuable feature in such a central location. Owners can leave the car at home and reach Reading Mainline Station’s northern entrance in just 8 minutes on foot, creating an exceptionally convenient base for commuting into London or travelling throughout the Thames Valley.

The River Thames is only yards away, placing riverside walks, running routes and opportunities to relax beside the water almost on the doorstep. Across the river, Caversham offers independent cafés, restaurants, pubs and everyday amenities, while Reading town centre provides The Oracle, cinemas, major employers and a comprehensive range of shops and leisure facilities.

For everyday convenience, the development sits opposite a useful parade of shops containing restaurants, takeaways, convenience stores and independent retailers. Few homes combine riverside surroundings, mainline rail connections, local shopping and private parking so successfully.

The property also represents an impressive investment opportunity. Our current rental appraisal is £1,200 to £1,295 per calendar month, equivalent to an annual rental income of £14,400 to £15,540 giving potential for high yields & low voids

The lease has 124 years remaining, with ground rent of just £1 per year and a current service charge of £1,200 per year. Once the final apartment within the development has been sold, a share of the freehold is intended to pass to each of the apartment owners. Further details can be confirmed through the conveyancing process.

A second, distinctly different one-bedroom apartment is being released within the same development. Occupies the first floor of the attractive period frontage and may particularly suit buyers who prefer the security and outlook of an upper-floor home. Please ask Black & White Property Services for details or to arrange viewings of one or both apartments.

INVESTMENT INFORMATION

Current rental appraisal: £1,200–£1,295 pcm
Potential annual rent: £14,400–£15,540
Potential gross yield of around 8%

The rental appraisal reflects current market conditions and is not a guarantee of future income. The gross yield does not account for finance, tax, void periods, management fees, insurance, service charges, maintenance or other ownership costs.

UTILITIES

Mains electricity

Mains Water

Council Tax Band B

Black & White Property Services has not tested any appliances, equipment, fixtures, fittings or services at the property and cannot confirm that they are in working order or fit for purpose. Buyers should arrange for any necessary inspections or tests to be carried out before exchange of contracts.

Bedroom 12' 3" x 11' 5" (3.74m x 3.49m)

Bathroom

Open plan living room, kitchen, dining room 17' 4" x 14' 10" (5.29m x 4.52m)