Flat for sale in Sheridan Court, London Road, Newbury, Berkshire RG14

** Virtual tour available ** Attention investors **
Achieving a 6.5% rental yield, a wonderful opportunity to purchase a property with tenant in situ, currently achieving £650 pcm. The property benefits from parking and is within close proximity to the Kennet & Avon Canal.

Description

The accommodation comprises an entrance hallway with two storage cupboards, a bathroom with shower above bath, an open plan living/bedroom with door leading to the private balcony and a refitted kitchen with a range of modern units.

Outside

There are communal gardens and parking. The property also benefits from a private balcony which is a fantastic suntrap.

Services & material information
All mains services are connected.
Council tax band: A
Energy efficiency rating: C
Length of lease (years remaining): 99 years from date of listing
Annual ground rent amount: £50
Ground rent review period: June 2024
Annual service charge amount: £700
Service charge review period: Annually<br /><br />As well as being home to Newbury Racecourse, the town itself offers a comprehensive range of shopping, leisure and educational facilities, in addition boasting a large park just minutes away from the town centre, Victoria Park, which is next to the canal with an impressive open space and excellent sport facilities. Newbury is the headquarters of Vodafone UK and offers a railway station on the direct line to London Paddington (fast train to Paddington has an approx. Travel time of 41 minutes). There are also excellent road links via the A34 and M4 motorway, a convenient commute for those working in Reading, Oxford and Southampton.