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Lion Court, Great Knollys Street, Reading

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

2

SIZE

701 sq ft

65 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Two bedrooms; two bathrooms.
  • Gated allocated parking
  • First floor position with private balcony
  • Can be purchased with or without tenants, possible gross rental yield of 5.9%
  • Good spec & well fitted kitchen and bathrooms
  • Excellent location for mainline train station

Description

An impressive first floor 2 bedroom apartment apartment with a private balcony. An excellent central location which allows for swift access to the town centre & mainline train station, there is an allocated parking space accessed via secure gated entrance. The property makes for an excellent investment or first time purchase, has a good lease and reasonable charges.

Parking - The apartment has an allocated space in the gated private car park.

Possible Rental Yield - The existing tenancy is running periodic, we believe the current rental value for a furnished let would be £1400 per calendar month which based on the asking price represents a possible gross rental yield of 5.9%

Lease Details - Years remaining: 105
Service charge: £1,804 PA
Ground rent: £100 PA
Ground rent review period: Every 25 years, next review 2028 doubling to £200

LEASE NOTE: Lease and service charge details are provided as a guide and are based on information supplied by the seller

Brochures

Lion Court, Great Knollys Street, Reading

Tenure: Leasehold You buy the right to live in a property for a fixed number of years, but the freeholder owns the land the property's built on.Read more about tenure type in our glossary page.

GROUND RENTA regular payment made by the leaseholder to the freeholder, or management company.Read more about ground rent in our glossary page.

£100 per year (Ask agent about the review period)When and how often your ground rent will be reviewed.Read more about ground rent review period in our glossary page.

ANNUAL SERVICE CHARGEA regular payment for things like building insurance, lighting, cleaning and maintenance for shared areas of an estate. They're often paid once a year, or annually.Read more about annual service charge in our glossary page.

£1804

LENGTH OF LEASEHow long you've bought the leasehold, or right to live in a property for.Read more about length of lease in our glossary page.

105 years left

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

Band: C

Lion Court, Great Knollys Street, Reading

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Reading Station0.3 miles
  • Reading West Station0.6 miles
  • Reading Green Park Station2.4 miles
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About the agent

Haslams Estate Agents, Reading

159 Friar Street, Reading, RG1 1HE

Haslams Estate Agents, Reading
Haslams Estate Agents
About Us

Haslams Estate Agents is an independent, multi-award-winning agent located in the centre of Reading, Berkshire. With over a lifetime's experience, Haslams has been trusted to sell and let homes around the Thames Valley for over 185 years.

Our team of industry professionals have extensive knowledge in the Reading property market and all live in and around the area, allowing for up-to-date, expert advice.

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Industry affiliations

National Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)Association of Residential Letting Agents

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Disclaimer - Property reference 32667394. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Haslams Estate Agents, Reading. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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