Verto, Kings Road, Reading
- PROPERTY TYPE
Apartment
- BEDROOMS
2
- BATHROOMS
1
- SIZE
634 sq ft
59 sq m
Key features
- Modern apartment living
- Walking distance of Reading Train station
- Lift access
- Private Balcony
- Large double master bedroom
- Fourth floor
- Potential gross yield of 6.9%
Description
The apartment boasts a well-appointed dual aspect open plan living room which has a private balcony and full height windows that allow light to flood in from its southerly aspect.
The modern open plan kitchen/living/dining area is well appointed with integrated appliances while the main bedroom complete with fitted wardrobes.
With residents' only facilities such as a lounge, and landscaped roof gardens with far-reaching views, Verto offers a convenient town centre address within a short walk of the vibrant riverside restaurants of the Oracle, Forbury Gardens and the train station.
Rental Yield - *We believe the current rental value for a furnished let would be £1100 per calendar month which based on the asking price represents a possible gross rental yield of circa 6.9%
Additional Information - Financial & Lease Info - Years remaining: 244
Service charge: £2177 annual
Ground rent: 332.50 annual
Ground rent review period: Every 21 years, in line with RPI, next review 2025
Additional Information (Part B) - Property construction – Standard form
Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Electric
Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)
Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”
Additional Information (Part C) - Flooding
We understand the flood risk summary for the area around the property is considered medium surface water flooding, for further information please check the gov.uk website "long term flood risk"
Brochures
Verto, Kings Road, ReadingTenure: 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.
£333 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.
£2178
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.
245 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: D
Verto, Kings Road, Reading
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Reading Station1.0 miles
- Reading West Station1.7 miles
- Earley Station1.7 miles
About the agent
Haslams Estate Agents, Reading
159 Friar Street, Reading, RG1 1HE
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.
Whether you are looking to
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 32976627. 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.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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