Asking price
£325,000
2 bedroom flat for sale
Oscar Wilde Road, Reading, RG1
Key features
- Larger Design Apartment, Built by Bellway Homes
- No Onward Chain
- 2 Balconies
- Allocated Parking
- Investment Opportunity
- Potential Gross Yield of 5.7
- %EPC Rating B
Floor plan
Description
Property description
PROPERTY DESCRIPTION
A well-presented apartment situated in the heart of Reading town centre only half a mile from the mainline train station. The property is one of the larger designs in the block and offers an open plan sitting/dining/kitchen area with balcony, principal bedroom with En Suite and balcony, further double bedroom, modern bathroom and allocated parking. Chain free. EPC B.
LOCAL INFORMATION
Fast non-stop services to London Paddington, access to Jct 11& 12 of the M4 and within 30 miles of London Heathrow, Central Reading is a desirable area for commuters and families alike. The town is made up of old and new, the town hall, Abbey ruins and Forbury gardens are complimented by the newly developed train station and Oracle shopping centre offering numerous bars, restaurants and the latest shops. Reading is set between the River Thames and River Kennet which meanders through the centre. There is no shortage of leisure facilities with various gyms, clubs and societies not to mention its own Football and Rugby teams. Reading boasts its renowned University along with college and highly sought after primary and secondary schools.
ACCOMMODATION
Open plan living and kitchen area with balcony, bathroom, two double bedrooms with built in wardrobes, En-suite and balcony to main bedroom.
OUTSIDE SPACE
Two Balconies, Allocated Parking & a Lift Access.
ADDITIONAL INFORMATION
Mains Electric & Water.
Council Tax Band D.
LEASEHOLD INFORMATION
Years remaining: 117
Service charge: £2766 PA Approx (This figure also includes the costs of the heating & hot water usage from the communal boiler)
Ground rent: £440 PA
Ground rent review period: Every 5 years, in line with RPI, next review 2028
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).
Mortgage calculator
Your payment
Borrowing £292,500 and repaying over 25 years with a 2.5% interest rate.
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This calculator provides a guide to the amount of residential Stamp Duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 1 October 2021. For more information on Stamp Duty Land Tax, click here.