Flat for sale in Albion Terrace, London Road, Reading RG1

Located on the top floor of this Grade II listed Georgian conversion is this well appointed 2 bedroom apartment.
Located adjacent to the University of Reading Great Hall and close to the Royal Berkshire Hospital, Albion Terrace is set back behind railings and features well-kept communal grounds. As well as the light and airy accommodation the apartment further benefits from allocated parking space which are approached via secure electric gates. The appeal of the development is enhanced further by being within walking distance of the town centre Oracle development and Crossrail – Elizabeth line – Reading to Paddington. The apartment will appeal to investors and owner occupiers seeking a prime town centre address, viewings highly recommended.

Additional Information - Financial & Lease Info

Share of freehold
Years remaining: Currently being extended to 999 years
Service charge: £2,200 pa
Ground rent: Peppercorn

Additional Information (Part B)

Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating

Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)

For an indication of specific speeds and supply of broadband and mobile, we recommend buyers go to the Ofcom website “Broadband and mobile coverage checker”

The property is located on the top floor and there is no lift.

The property is on a water meter, which is located by the rear stairs.

Additional Information (Part C)

The property is grade II listed and built originally in the 1800's

Albion Terrace is part of the Kendrick Road conservation area

Parking

The property comes with an allocated parking space

Rental Yield

We believe the current rental value for a furnished let would be 1,400 per calendar month which based on the asking price represents a possible gross rental yield of 6.3%