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Lower Henley Road, Caversham, RG4

£240,000Leasehold

211

Key Information

Tenure:Leasehold
Service charge:ÂŁ420 per year
Ground rent:ÂŁ10 per year
Time remaining on lease:86 years
Council tax band:C
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

**LEASE CAN BE EXTENDED TO 125 YEARS UPON COMPLETION**
20ft reception room
Currently tenanted, achieving ÂŁ1300pcm - however, tenancy can be ended with two months notice at anytime to provide vacant possession at completion
Easy access to Caversham & Reading centres and Reading Station
Ground floor maisonette with garden access
Off road residents parking
Recently upgraded bathroom
UPVC double glazing throughout

Description

Cosy 2-bed ground floor flat with 20ft reception room and direct access to communal gardens. Convenient, quiet location with easy access to Caversham & Reading centres and Reading Station. Off-road residents parking. leasehold, electric heating, NO CHAIN, currently tenanted

Looking for a cosy place to call home? Well, look no further than this great 2 bedroom ground floor flat with it’s own front door!

First things first, this flat boasts not one, but two double bedrooms. So whether you're living with a friend, a partner, have a family or just need an extra room for all your stuff or a home office & guest room, we've got you covered.

Now, picture this: a spacious 20ft reception room where you can relax, kick back, and catch up on your latest Netflix binge. And the best part? Direct access to communal gardens! Imagine sipping your morning coffee while enjoying the peaceful greenery.

Location-wise, this ground floor home is conveniently situated with easy access to Caversham & Reading centres and Reading Station. So, whether you need to commute for work or fancy a night out on the town, getting around will be a breeze. Equally if your days of late nights on the town are behind you, this property being ground floor and in a peaceful off road location it is also perfect if you are looking to downsize or have all your accomodation on one level, it is walking distance to the nearest amenties on Star Road & Briants Avenue inc a Co-op mini-market, barbers & takeaway.

No need to worry about parking woes! This place comes with off-road residents parking.

Now, let's talk about the heart of any home: the kitchen. This one's a winner, 13ft and space for all the appliances might need and if cooking is your thing the large amount of work surfaces means you can get creative and coo up a feast.

Some other things you should know - There is also Virgin Media connections for telephone, broadband & television services, double glazing & electric heating throughout. Current lease has 87 years remaining, by negotiation this could be extended to 125 years upon completion. Service Charges currently ÂŁ35pcm

All in all, this 2 bedroom ground floor flat has it all: space, great location, and parking, its a wonderful peaceful place to come home to after a long day!

Investment Information:

The property is currently tenanted with tenants who would like to stay long term, so if you are looking for an investment this could provide income from the moment you complete.


Current Rent: ÂŁ1300.00 (current gross yield of 6.5%)
Tenancy due for renewal Sep 2024 (Break Clause from March 2023 allows either party to terminate with prior two months notice at anytime)

Arrange Viewing

Micklands Primary School
(0.42 miles)
Good
Number of pupils: 372
Age Range: 4 - 11
St Anne's Catholic Primary School
(0.43 miles)
Good
Number of pupils: 194
Age Range: 2 - 11
The Heights Primary School
(0.55 miles)
Outstanding
Number of pupils: 353
Age Range: 4 - 11
Caversham Preparatory School
(0.57 miles)
Outstanding
Number of pupils: 50
Age Range: 3 - 11
Thameside Primary School
(0.68 miles)
Good
Number of pupils: 399
Age Range: 5 - 11
Caversham Primary School
(0.85 miles)
Outstanding
Number of pupils: 415
Age Range: 5 - 11
The Hill Primary School
(0.89 miles)
Good
Number of pupils: 406
Age Range: 4 - 11
New Town Primary School
(0.91 miles)
Good
Number of pupils: 276
Age Range: 3 - 11
St John's Church of England Primary School
(1.01 miles)
Requires Improvement
Number of pupils: 460
Age Range: 3 - 11
E P Collier Primary School
(1.03 miles)
Good
Number of pupils: 311
Age Range: 3 - 11

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ1,263 /mo.25 Years, 5% Interest
Loan
ÂŁ216,000
Total Repay
ÂŁ378,814

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ0
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