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£140,000

Maiden Place, Lower Earley, Reading, RG6

  • 1 bed
Studio

£140,000

  • 1 bed
Studio
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Estimate monthly mortgage payment:

£639 per month

Minimum deposit amount:

£7,000
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Located in the popular Maiden Place development, this well-presented ground-floor studio apartment is an excellent opportunity for first-time buyers or investors. Conveniently situated within walking distance of Sainsbury’s Local, shops, and other amenities, the property offers both practicality and potential. The accommodation features a spacious living area/bedroom, a separate kitchen, and a bathroom which needs some updating. Additional benefits include gas central heating and a generously sized, landscaped private rear garden. Please note, the property has a low lease length and is therefore best suited to cash buyers, a factor reflected in the asking price. With an extended lease, the property would be valued in the £165,000 - £170,000 range. The seller is open to discussing a lease extension, with the understanding that the buyer would cover the associated costs in addition to the current asking price.

Ground Floor


Entrance Hall


Reception Room/ Bedroom
4.85m x 4.69m (15' 11" x 15' 5")

Kitchen
2.54m x 2.36m (8' 4" x 7' 9")

Bathroom


Outside


Rear Garden


Lease Details
LOW LEASE, in region of 58-60 years. TBC via solicitors.
Service Charge - Approx. ?260 per 6 months.
Ground Rent - Approx. ?100 per annum.

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