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Garrard House, Garrard Street, Reading, Berkshire, RG1

1 bedroom flat/apartment in Garrard Street

Offers in excess of £185,000 Leasehold

  • Bedrooms 1
  • Bathrooms 1
  • Reception rooms 1
  • Floorplan

PICTURES AND VIDEOS

KEY FEATURES

  • Investment Opportunity - Purchase With Tenant In Situ
  • Modern Second Floor Town Centre Apartment
  • Located Opposite Reading Train Station
  • Open Plan Living Area
  • High Spec. Fitted Kitchen
  • Contemporary Bathroom
  • Council tax band C
  • Potential Rental Yield in Excess of 5.5%

KEY INFORMATION

  • Tenure: Leasehold
  • Lease Length: 115 yrs left
  • Ground rent: £250.00 per annum
  • Service charge: £2184.72 per annum
  • Council Tax Band: C

Description

This modern second floor one bedroom apartment is located directly opposite Reading train station and positioned within the soon to be completed Station Hill development with its planned array of shops, restaurants and business centre. The property is being sold with a tenant in situ and is currently generating a rental income of £10,200 pa with potential to increase. Reading train station has a direct link to London Paddington in just over 20 minutes and is soon to be on the Elizabeth Line (Crossrail) linking Reading with the City of London and Canary Wharf. Living accommodation comprises of an open plan living space with high specification fitted kitchen, a double bedroom with built in wardrobes and a contemporary bathroom. The building benefits from lift access, a recently installed lift keypad system and a newly decorated communal entrance foyer and a door fob system for added security.

Location

Garrard Street is located opposite Reading Train Station and adjacent to the Station Hill development in Reading Town Centre.

Reading is one of the south east's largest towns only 25 minutes from London by train, with trains running every five minutes or so, Reading is home to many of the city's commuters. Reading also has easy links by road or rail to Swindon, Oxford, Basingstoke, Heathrow and farther afield. Beyond the hive of commercial activity, Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away. Reading offers a rich mix of shops and markets. In the heart of the town, The Oracle combines chic boutiques with department stores such as Debenhams and House of Fraser and within a minute's walk there are many high-street favourites including John Lewis and Marks & Spencer. There are restaurants, cafes and brasseries to suit every taste in Reading. Plus there are numerous bars and restaurants on the Oracle Riverside.
Reading school founded in 1125 is the 16th oldest school in England, there are 6 other state secondary schools along with 37 state primary schools in the borough. In addition there are some well-recognised and top ranked independent and public schools in Reading and its surrounding catchment. Schools such as Leighton Park, Queen Annes, The Abbey, Crosfields, Bradfield College, The Oratory and Bluecoat are just some of the outstanding public schools in the area. Kendrick girls' school is one of the top grammar schools in the UK. Reading University established in 1892 is a 'red brick' and ranked in the top 1% of universities in the world. There are almost 23,000 students from all over the globe.
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Meet the Team

Located just 36 miles from Central London and 24 miles from Oxford, Reading's geographical placement is perfect for living and working or commuting. Michael and James are established professionals who have years of combined experience and local knowledge and can offer you a friendly approach and unparalleled service.

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