2 bed flat for sale

32 London Road, Reading RG1

This impressive apartment is located in the sought-after Thomas Homes development in a prime
position within walking distance of the vibrant town centre, mainline station and access to the Royal
Berkshire hospital. A sympathetic conversion of stylish and imposing period buildings which formed
part of the University of Reading's London Road campus. Ideal for purchasers seeking a home with a
high standard of finish and specification with excellent transport links. Situated on the lower ground
floor, with the benefit of a private patio terrace, the apartment enjoys a contemporary styled open
plan living room alongside two double bedrooms and well-kept communal grounds with allocated
parking.

Additional Information:

Parking
The property has an allocated parking space, number 37 and residents are required to display a parking permit.

Lease information.
Years remaining: 118
Service charge: £2036 per annum
Ground rent: £250 per annum
Ground rent review period: Every 15 years in line with rpi, next review 2032

Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating

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”

The property is grade II listed

The property is located in a conservation area.

Rental Yield

Currently there is a tenant in situ on an assured shorthold tenancy, they have indicated they wish to stay on but can also be served 2 months for vacant possession from October 2025. The current rental value is £1600 per calendar month which based on the asking price represents a possible gross rental yield of 6.5%.