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£150,000

Hartsbourne, Earley, RG6

  • 0 beds
Studio
Under offer/SSTC

£150,000

  • 0 beds
Studio
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Estimate monthly mortgage payment:

£685 per month

Minimum deposit amount:

£7,500
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First-Floor Studio Flat in Douglas Court - Recently Redecorated - Secure & Private


Welcome to this spacious and recently redecorated first-floor studio flat in Douglas Court. Offering the comfort of a one-bedroom apartment, this studio is perfect for both first-time buyers and investors.



Key Features:


Location: Near the university with convenient bus routes to the Royal Berkshire Hospital and Reading town centre.
Condition: Recently redecorated with modern bathroom and separate kitchen.
Security: Coded entry doors and new gated access in 2024 ensure your peace of mind.



Interior Features:


Living Space: Versatile L-shaped main room serving as bedroom, living, and dining area with built-in wardrobes and ample natural light from dual aspect windows.
Kitchen: Separate kitchen in excellent condition with a charming garden view.
Bathroom: Modern shower-over-bath setup with a skylight for plenty of natural light.



Exterior Features:


Storage: Built-in cupboards in the entrance hall for shoes, coats, and meters.
Communal Areas: Newly refurbished common areas with new carpets and fire doors.


Location Benefits:


Education: Close to the university, ideal for students and staff.
Transport: Convenient bus routes to Royal Berkshire Hospital and Reading town centre.
Amenities: Walking distance to Co-op and a 10-minute walk to Harris Garden for a peaceful retreat.


Investment Potential:


Yield: Strong rental demand of ?850-?895pcm, offering an attractive net yield of 6% (after ground rent and service charge) for investors.



Additional Information:

114 years remaining on Lease
Ground Rent ?219pa.
Service Charge currently ?1151pa


We look forward to showing you around.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Purchasers must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Council Tax
Wokingham Borough Council, Band A

Lease Length
114 Years

Utilities
Electric: Mains Supply
Gas: None
Water: Mains Supply
Sewerage: None
Broadband: None
Telephone: None

Other Items
Heating: Electric Heaters
Garden/Outside Space: Yes
Parking: Yes
Garage: No
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Mortgage and legal costs:
£999
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