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Erleigh Road, Reading, RG1

2 bedroom flat/apartment in Reading

Guide Price £280,000 Leasehold

  • Bedrooms 2
  • Bathrooms 2
  • Reception rooms 2
  • Floorplan

PICTURES AND VIDEOS

KEY FEATURES

  • Two Bedroom Split Level Garden Flat
  • Three Apartments in Block
  • Two Ground Floor Reception Rooms
  • Fitted Kitchen
  • Access to Rear Garden
  • First and Ground Floor Bathrooms
  • No Service Charge and Ground Rent
  • Building Insurance Contribution (currently £880 per annum)
  • 151 Year Lease

KEY INFORMATION

  • Tenure: Leasehold
  • Lease Length: 147 yrs left

Description

A spacious and individual two bedroom split level apartment in Reading's popular university area. Conveniently located an easy walk to Reading town centre and train station with its direct links to London Paddington in just 21 minutes (and soon to be on London's tube network with Crossrail and the Elizabeth Line), close to local amenities including, the highly regarded cafe Yolk and Palmer Park with its athletics stadium and gym close by. Part of the conversion of a Victorian semi-detached home this charming property is one of just three homes in the development. Accessed via its own front door to the rear with much of the property being part of an extension to the original building this well presented apartment offers flexible living accommodation over two floors and direct access on to the generous rear garden which, whilst communal to the three apartments, has due to the proximity to the property, offered the current owner almost exclusive use. There are two spacious and bright reception rooms on the ground floor, one with a large bay window which has been used as a home office perfect for home working as well as a gym and dining room. The other reception room opens into the bright and airy fitted kitchen which again looks over the garden. There is ample storage on the ground floor and a bathroom. On the first floor, which has split levels, there are two double bedrooms and a shower room. There is a patio area adjacent to the kitchen which is perfect for outdoor entertaining and there is off road parking to the front. The lease was extended when the current owner purchased the property and has over 150 years remaining. There is the added benefit of no ground rent being payable and no service charge levied. The buildings insurance is split between the three apartments in in 2021/22 the third share was £880. This unique home would make an excellent first-time purchase or be a great investment with a rental yield in excess of 5% in an excellent location.

Location

Located on the Western end of Erleigh Road opposite Reading Grammer School and by Craven Road and the Royal Berkshire Hospital. Erleigh Road runs between Craven Road to the west and Crescent Road to the east and is home to the well regarded cafe Yolk, a Co-op convenience store and St Luke's church hall in Reading's university area. The University of Reading is in the top 1% of universities worldwide and is situated south east of Reading town centre and stretches between the main campus on the Shinfield road (A327) and the Wokingham road (A329) offering easy access of both the M4 and A329 motorways. The area surrounding the campus is one of the most popular places to live in Reading being just over a mile from Reading Train Station and walking distance of the town centre. There is a multitude of local amenities including some great pubs, restaurants, take aways, shops and parks. The Royal Berkshire Hospital is also located in the area and there are some excellent schools including the highly acclaimed Reading Grammar School for boys, Kendrick girl's Grammar, Leighton Park, St Josephs and the Abbey public schools. There is a diverse range of property in the area including grand Victorian town houses, smaller terrace properties, classic Georgian buildings and modern homes and apartments. This diverse range of homes accommodates a diverse range of people, from students to young professionals, from families to doctors and hospital staff. The diversity, excellent local amenities and community and it's convenient location make the University area a great place to live.
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Meet the Team

Located just 36 miles from Central London and 24 miles from Oxford, Reading's geographical placement is perfect for living and working or commuting. Michael and James are established professionals who have years of combined experience and local knowledge and can offer you a friendly approach and unparalleled service.

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