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Western Elms Avenue, Elm House, RG30

£215,000

221

Key Information

Tenure:Not available
Council tax band:B
Broadband:up to 1800Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Two bedrooms & two bathrooms (including en-suite shower room)
NO CHAIN, move in ready condition
Share of Freehold – no ground rent £2000 per annum service charges
Freshly redecorated & re-carpeted throughout
Allocated off-road parking space
Access to communal garden
Prime location on tree-lined Western Elms Avenue, 0.3 miles to Reading West Station, walking distance of Reading Town Centre & easy access to A4
Gas central heating & double glazing throughout
Walking distance to local shops, cafes & excellent bus routes
Potential for rental income in the region of £1,150pcm - £1200pcm (~6.3% yield)

Description

Offered to the market vacant and chain-free, this bright and well-maintained two-bedroom, two-bathroom first-floor flat is located in a handsome Victorian conversion on sought-after Western Elms Avenue. Recently redecorated and re-carpeted, the property boasts a modern kitchen alongside a light-filled reception room, two bathrooms (including en-suite to Bedroom 1), and excellent storage. In a small development of just 5 properties this first-floor property sits at the rear of the building.

The flat benefits from double glazing, gas central heating, allocated parking, and use of a communal garden. Located just a short walk from Reading West Station, and with easy access to Reading town centre and major transport links including the A4 Bath Road, A33 & M4, this flat is ideal for young professionals, downsizers, or as a rental investment.

Share of the Freehold, giving you more rights over your lease, no ground rent, and you will be part of the freehold company who own the building giving you a voice with your fellow owners. Current service charges £2000 per annum.


Rental Potential: £1,150pcm - £1200pcm = ~6.3% gross yield, Move-in ready condition, strong rental history, close to good transport links, allocated parking, ideal for couples or 2 sharers with 2 bedrooms and 2 bathrooms and central kitchen and reception room.

Arrange Viewing

St Edward's Prep
(0.16 miles)
Number of pupils: 186
Age Range: 3 - 11
Oxford Road Community School
(0.23 miles)
Good
Number of pupils: 256
Age Range: 3 - 11
Battle Primary Academy
(0.24 miles)
Good
Number of pupils: 446
Age Range: 3 - 11
All Saints Church of England Aided Infant School
(0.26 miles)
Good
Number of pupils: 60
Age Range: 5 - 7
All Saints Junior School
(0.26 miles)
Outstanding
Number of pupils: 96
Age Range: 7 - 11
Cranbury College
(0.26 miles)
Good
Number of pupils: 107
Age Range: 5 - 16
Civitas Academy
(0.49 miles)
Good
Number of pupils: 295
Age Range: 4 - 11
Wilson Primary School
(0.49 miles)
Good
Number of pupils: 456
Age Range: 3 - 11
The WREN School
(0.62 miles)
Requires improvement
Number of pupils: 906
Age Range: 11 - 19
Coley Primary School
(0.74 miles)
Good
Number of pupils: 271
Age Range: 3 - 11

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£1,076 /mo.25 Years, 4.5% Interest
Loan
£193,500
Total Repay
£322,661

Stamp Duty

You’ll have to pay the stamp duty of:
£1,800
0% up to £125,000
2% from £125,000 to £215,000
Your effective stamp duty rate is 0.84%
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