Standout Features
- For Sale By Modern Method Of Auction
- Two Double Bedrooms
- Two Ensuites
- Family Bathroom
- Seperate Large Kitchen
- Seperate Living Room Used As 3rd Bedroom
- Ground Floor Apartment
- Long Lease 948 Years
- No Onward Chain!
- No Service Charge
Property Description
Nestled on Station Road in Earley, Reading, this exceptional ground floor apartment presents a remarkable opportunity for both investors and first-time buyers. Boasting two spacious double bedrooms, this property is currently configured as a three-bedroom residence, maximising its rental potential. With a strong rental yield of £850 per month per room, it stands as a lucrative investment in a sought-after area.
The apartment is modern throughout, offering a contemporary living space that is both stylish and functional. With three bathrooms, the property ensures convenience and comfort for its occupants, making it an ideal choice for students or professionals alike. The location is particularly advantageous, being situated next to Lower Earley train station, which provides excellent transport links to Reading and beyond.
Furthermore, the property benefits from an impressive lease of over 900 years, providing peace of mind for future owners. This apartment not only serves as a comfortable home but also represents a sound investment opportunity in a thriving rental market. Whether you are looking to enter the property market or expand your investment portfolio, this apartment on Station Road is a compelling choice that should not be overlooked.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
The apartment is modern throughout, offering a contemporary living space that is both stylish and functional. With three bathrooms, the property ensures convenience and comfort for its occupants, making it an ideal choice for students or professionals alike. The location is particularly advantageous, being situated next to Lower Earley train station, which provides excellent transport links to Reading and beyond.
Furthermore, the property benefits from an impressive lease of over 900 years, providing peace of mind for future owners. This apartment not only serves as a comfortable home but also represents a sound investment opportunity in a thriving rental market. Whether you are looking to enter the property market or expand your investment portfolio, this apartment on Station Road is a compelling choice that should not be overlooked.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Double bedroom available to rent in a detached period house which is walking distance to Earley Train Station.
Room is fully furnished and benefits from a en suite.
Additional Information
| Tenure: | Leasehold |
|---|---|
| Lease Years Remaining: | 948 |
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Station Road, Earley, Reading, RG6 7DY
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