Meadow Way, Caversham, Reading, RG4

Investment opportunity with a potential yield of 6.7%. A beautifully presented ground floor apartment situated in quiet Cul-de-Sac location within 1.2 miles walking distance of Reading mainline train station and Caversham centre. The property features a 20ft living area with treble aspect windows, a fully fitted kitchen and a modern bathroom. No onward chain. EPC Rating C.

LOCAL INFORMATION

Caversham lies on the north bank of the River Thames and spreads to the foothills of the Chilterns, in the Royal county of Berkshire, on the opposite bank from the bustling and highly commercial town of Reading and the mainline train station (25 minutes to London Paddington). It is easily accessible by the Caversham Bridge, Reading Bridge and Caversham Lock with Sonning Bridge a few miles east. The centre of Caversham features a comprehensive shopping area complemented by many good bars, pubs and restaurants and a short trip across the river Thames to Reading town centre. There are a range of good private and public schools for both primary and secondary education.

ACCOMMODATION

Entrance hall, 20' living room with treble aspect windows, modern kitchen, two double bedrooms, family bathroom and storage cupboard.

OUTSIDE SPACE

Well maintained communal gardens, residents communal parking and a shared bike shed.

ADDITIONAL INFORMATION

Mains electric and water.
Council tax band C.

Lease 150 years from 1 January 2005. 130 years remaining.
Service charge £1217.50
Ground rent £172.90

Should you proceed with the purchase of this property these details must be verified by your solicitor.

*Photos were taken prior to the current tenancy*

BUYERS INFORMATION
To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £60 including VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.
 

REFERRAL FEES
We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Davis Tate. (Not applicable to the Woodley branch – please contact directly for further information).