2 bed flat for sale

Verto, Kings Road, Reading RG1

Haslams: This large two bedroom apartment is located on the ninth floor within the iconic Verto building - a contemporary riverside development in the heart of Reading town centre.
The apartment benefits from a well-appointed dual aspect open plan living room which boasts a private balcony and full height windows that take full advantage of the reaching views. The flexible open plan kitchen/living/dining area is well equipped with appliances and the two bedrooms, one with en-suite are both generously proportioned. With residents only facilities such as a gym, 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, the Oracle shopping centre, Forbury Gardens and the train station.

Additional Information:

The property comes with under croft allocated parking

Years remaining: 245
Service charge: £3800
Ground rent: £425.80
Ground rent review period: Every 21 years, review date September 2039

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

Property construction – Standard form
Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating

The property is located on the first ninth floor and has a lift.

Roof Terraces
There are two landscaped roof terraces for shared use by residents and these are located on the 7th and 9th floors and provide impressive far reaching townscape views.

Residents Gym & Lounge
Located on the mezzanine floor the gym is equipped with a number of exercise machines. The lounge is well-furnished with sofas, chairs, tables and a breakfast bar.

Rental Yield

Gross rental yield 5.0%*

We believe the current rental value for a furnished let would be £1800 per calendar month which based on the asking price represents a possible gross rental yield of 5.0%