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New Bright Street, Reading, Berkshire, RG1

1 bedroom flat/apartment in Reading

Offers in excess of £190,000 Leasehold

  • Bedrooms 1
  • Bathrooms 1
  • Reception rooms 2
  • Floorplan

PICTURES AND VIDEOS

KEY FEATURES

  • Ideal first time buy or Investment opportunity
  • Potential Rental Yield of 7.8%
  • One Bedroom Town Centre Apartment
  • Second Floor
  • Lounge and Study/Dining Area
  • Fitted Kitchen
  • Bathroom
  • Long Lease
  • Affordable Ground Rent and Service Charge
  • Allocated Parking and Visitors Permit

KEY INFORMATION

  • Tenure: Leasehold
  • Lease Length: 959 yrs left
  • Ground rent: £116.10 per annum
  • Service charge: £2427.10 per annum
  • Council Tax Band: C
  • Local Authority: Reading Borough Council

Description

Ideal first time buy or Investment opportunity. Potential rental yield of 7.8%. A well-presented one bedroom apartment in this desirable town centre development. Based in the well maintained Holybrook development ideally located a short walk from The Oracle with is great selection of shops, bars and restaurants and close to Reading Station with its direct links to London Paddington in under 25 minutes. Set on the second floor of the building the property benefits from a long lease, affordable ground rent and service charges. The property has recently been decorated and is well presented throughout with living accommodation comprising a generous living room with a separate study/dining area, a fitted kitchen, double bedroom with built in wardrobes and bathroom. The property further benefits from an allocated off road parking space and comes with a visitors permit ideal for guests. This well presented home is set in one of Reading Town Centre's favoured developments.

A well-presented one bedroom apartment in this desirable town centre development. Based in the well maintained Holybrook development ideally located a short walk from The Oracle with is great selection of shops, bars and restaurants and close to Reading Station with its direct links to London Paddington in under 25 minutes. Set on the second floor of the building the property benefits from a long lease, affordable ground rent and service charges. The property has recently been decorated and is well presented throughout with living accommodation comprising a generous living room with a separate study/dining area, a fitted kitchen, double bedroom with built in wardrobes and bathroom. The property further benefits from an allocated off road parking space and comes with a visitors permit ideal for guests. This well presented home is set in one of Reading Town Centre's favoured developments and would make an excellent first time purchase, investment or suit a downsizer.

Utilities

  • Electricity Supply: Mains Supply
  • Water Supply: Mains Supply
  • Sewerage: Mains Supply
  • Heating: Double Glazing, Other
  • Broadband: FTTP

Rights & Restrictions

  • Listed Property: No
  • Easements, servitudes or wayleaves: No
  • Public right of way: No

Risks

  • Flood Risk: There has not been flooding in the last 5 years

Location

New Bright Street is at the end of Fobney Street in the popular Holybrook development right next to the Oracle shopping and entertainment complex and on the banks of the Kennet and Avon canal.
Reading is one of the south east's largest towns and an important commercial hub with many multinationals choosing Reading for their European headquarters. Only 25 minutes from London by train, with trains running every five minutes or so, Reading is home to many of the city's commuters. Reading also has easy links by road or rail to Swindon, Oxford, Basingstoke, Heathrow and farther afield. Beyond the hive of commercial activity, Reading is nestled in the heart of Royal Berkshire offering beautiful riverside walks on the Thames and tow path ambles on the Kennet and Avon canals and with the nearby Berkshire Downs and Chilterns, beautiful countryside is never far away.
Reading offers a rich mix of shops and markets. In the heart of the town, The Oracle combines chic boutiques with riverside bars and dining and within a minute's walk there are many high-street favourites including John Lewis and Marks & Spencer. In the surrounding countryside you will also find farm shops and microbreweries selling an array of local produce.
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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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