1 bedroom flat for sale
£100,000 /Sale price - Berkshire N/ADetails
- Beds: 1
- Baths: 1
- Price: £100,000 /Sale price
- Internal Reference No.: 68889787
Overview
Property Reference number : 912617INVESTMENT OPPERTUNITY WITH CURRENT GROSS YEILD OF 12.87% RETURN (8.71% net return after service charges & ground rent paid)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 55.ATTENTION INVESTMENT LANDLORDS / OVER 55S Onsite Warden included (easy management for Investment landlords)Long term Tenant in situ Paying £1180.00 pcm (Refurbished in 2023 with new carpets & new bathroom)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 ELeasehold Information:Lease = 91 Years Remaining Ground Rent = Approx., £1 per annumService Charge = Approx. £4584.39 per annumCouncil Tax: ECurrent Annual Ground Rent: £1.00Ground Rent Review Period: 91 YearsCurrent Annual Service Charge: £4,580.00Service Charge Review Period: 91 YearsCurrent Length Of Lease Remaining: 91 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 : 912617 For more details and to contact: https://realtyww.info/flats_berkshire-d527113/for-sale_i68889787Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Amenities
- Home
- Landlord Investment Opportunity
- Easy management with on site warden
- Long term tenant if needed
- Private Garden
- Parking
- Close to Town Centre
- Newly refurbished Bathroom
- New carpets throughout
- Currently rented at £1180.00pcm
- 12.87% gross yield return ( 8.71% net)
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-01, Viewed 6 times.
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