1 bedroom flat for sale

Overview

Property Reference number : 956425INVESTMENT OPPERTUNITY WITH CURRENT GROSS YEILD OF 11.00% RETURN (7.67% net return)You can be any age to buy this investment for rental purposes but if you wish to buy and live here personally you must be over 60.ATTENTION INVESTMENT LANDLORDS / OVER 60S Onsite Warden included (easy management for Investment landlords)Long term Tenant in situ Paying £1100.00 pcm (Refurbished in 2023 with new carpets throughout)Offered to the market with No Onward Chain Complications is this well presented first floor double bedroom retirement apartment (exclusive to ages of 60+) located in a highly favored area just South of Reading Town Centre Adjoining Cintra Park.Milward Court is a delightful modern retirement development (exclusive to ages of 60+) located in a highly favored area just South of Reading Town Centre adjoining Cintra Park.The apartment offers a fantastic first floor corner position with park views which is benefited by lift access, also including allocated private parking and well maintained communal gardens. The accommodation is well positioned with local shops and amenities all within very short distance. The Oracle shopping complex is within a five minutes drive and approx. 20minute walk, There is also the bus route 5 Emerald which is a stones throw away from the complex.Accommodation comprises of entrance hall, 20' dual aspect living room, modern kitchen, double bedroom, bathroom with shower over bath, UPVC double glazing and electric heating throughout.The Development facilities include - resident administrator - 24 hour call service - spacious residents lounge - Communal laundry room - guest suiteReading Borough Council - Tax Band DLeasehold Information:Lease = 125 years from November 2005 = 108 Years Remaining (2022)Ground Rent = Approx., £395.00 per annumService Charge = Approx. £3600.00 per annumCouncil Tax: DCurrent Annual Ground Rent: £395.00Ground Rent Review Period: 1 YearsCurrent Annual Service Charge: £3,600.00Service Charge Review Period: 100 YearsCurrent Length Of Lease Remaining: 107 YearsWARNING: Never transfer funds to a property owner before viewing the property in person. If in doubt contact the marketing agent or the Citizens Advice Bureau.GDPR: Submitting a viewing request for the above property means you are giving us permission to pass your contact details to the vendor or landlord for further communication related to viewing arrangement, or more information related to the above property. If you disagree, please write to us within the message field so we do not forward your details to the vendor or landlord or their managing company.VIEWING DISCLAIMER: Quicklister endeavour to ensure the sales particulars of properties advertised are fair, accurate and reliable, however they are not exhaustive and viewing in person is highly recommended. If there is any point which is of particular importance to you, please contact Quicklister and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.Property Reference number : 956425 For more details and to contact: https://realtyww.info/flats_berkshire-d527113/for-sale_i68704517

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