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£140,000

Sturbridge Close, Lower Earley, Reading, RG6

  • 1 bed
Flat

£140,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£639 per month

Minimum deposit amount:

£7,000
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**NO ONWARD CHAIN** This extremely well-presented one-bedroom, first-floor apartment is an ideal investment with excellent yield potential or a fantastic first step on the property ladder. Apartment was thoughtfully updated by the previous owners and has recently been redecorated. Located within walking distance of Maiden Lane Shopping Centre and conveniently accessible to the Asda complex and M4 junctions 10 & 11, it offers both comfort and prime location benefits. The accommodation includes a spacious open-plan living/kitchen area, a modern shower room, and a walk-in wardrobe. Additional features include double glazing, electric heating, allocated parking, and a loft that can be used for storage. The tidy communal areas have recently been refurbished, and with low leasehold charges, this property maximizes return potential for investors or offers affordable living for owner-occupiers. Approximately 79 years remain on the current lease term. Furniture can be included in the price, or can be removed.



First Floor

Living/Kitchen
15' 2" x 8' 8" (4.62m x 2.64m)

Bedroom
8' 6" x 5' 10" (2.59m x 1.78m)

Walk In Wardrobe
8' 5" x 5' (2.57m x 1.52m)

Shower Room


Outside

Garden
Allocated parking area, lawned areas.

Lease
Costs as at 30 October 2024:
Leasehold: 120 years from 1981 (79 years remaining)
Leasehold ground rent: ?71 per annum, payable 6 monthly in May and November
Landlord maintenance charge: ?zero.

TBC via solicitors.


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Mortgage and legal costs:
£999
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