Iliffe Close, Reading, RG1
Offers Over £230,000
Key Information
Key Features
Description
We are delighted to bring to the market, this two double bedroom apartment, which offers a different layout to most in the development thanks to its unique position in the building, on the top floor outer edge of the development meaning it benefits from no one above and no one to the side.
Comprising living/dining room, open plan kitchen with appliances, two double bedrooms with Velux windows meaning more wall space for furniture in both rooms, large bathroom with shower cubicle and bath, walk-in storage cupboard & additional utility cupboard, gas central heating & on-demand hot water via combi boiler and double glazed windows throughout. The main living and bedroom areas are carpeted & the kitchen and bathroom have ceramic tiled flooring.
Lease details: 999 Years from 2003 - 977 years remaining
Current Services Charges: ÂŁ1740.08 annually payable at bi-annual intervals
Ground Rent: ÂŁ200 per annum, ÂŁ100 payable in Mar & Sep each year
Investment Information
Current Rent: ÂŁ1350.00 (current gross yield of 6.89%)
Tenants have a contract until March 2026 (mutual 2 month break clause available from June 2025)
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