From £80,000

1 bed flat for sale in Milward Court, Warwick Road, Reading, Berkshire, RG2 (ref:568300)

Shortlist

Key Features

  • Marketed by Kiel Holder **CHECK OUT THE VIDEO TOUR**
  • Over 60's Independent Living with No Onward Chain
  • Ideal Investment as Currently Tenanted but Also Available for Residential Purchase
  • Secure Sale Online Bidding - **Bidding Starts at £80,000**
  • Views Over Cintra Park from Apartment
  • Lift Access & Communal Grounds
  • Cats & Dogs Accepted (Subject to Lease Terms)
  • Allocated Parking
  • McCarthy Stone build Circa 2005
  • 107 Years Remaining on Lease

Video

A McCarthy Stone development of 43 independent apartments constructed circa 2006 with resident management staff and Caroline alarm service in addition to lift, communal grounds, parking and wonderful views over Cintra Park!
Sellers view:
"The flat is in a good location overlooking the park with good connections to bus services/local shops. It also has its own secure gated parking and a lift within the building if required.

Although you are living independently, the manager of the building lives on site, she is so helpful and approachable if needed. You don’t feel you are entirely on your own if you need help with anything.

It’s a lovely place to live and highly regarded by the residents who are very happy there."


Kiel's View:
"A McCarthy Stone development of 43 independent apartments constructed circa 2006 with resident management staff and Caroline alarm service in addition to lift, communal grounds, parking and wonderful views over Cintra Park!

The home is currently tenanted and for an investor it would be ideal as staying would be a preferred option if available. Current rental figure is £800-£850pcm.

With lift access, communal grounds and ease of access into Reading as well as a Post Office within 0.75 miles and guest facilities, this could be an ideal home in Reading for someone over 60 looking to downsize and take the next step.

Regular Social activities include: coffee morning, fish & chip supper, and birthday teas. New residents accepted from 60 years of age. Both cats & dogs generally accepted (subject to terms of lease and landlord permission)."

  • Over 60`s accommodation
  • Communal gardens
  • Lift access
  • Allocated parking space
  • Stunning views over a park

Area view:

Distances:
Bus stop 700 yards;
Shop 0.75 mile(s)
Post Office 1 mile(s)
Town centre 2 mile(s)
GP 1 mile(s)
Social centre 1 mile(s)

Misc:
Rental - £800-£850pcm
Lease Start Date - 11/09/2006
Lease End Date - 01/11/2131
Lease Term - 125 Years From 1 November 2006
Lease Term Remaining - 107 years
Ground Rent - £197.50 every 6 months
Service Charge - 1,800.01 1st Mar-31st Aug 2024

Auctioneers Comments:
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.


Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

The property is being sold via a transparent online auction. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that AML procedure are carried out in accordance with the law.

Stamp duty due

Based on a sale price of £80,000 the total amount of stamp duty payable will be:

*

Last updated: The calculator has been updated to reflect changes in stamp duty following the Mini Budget on 23rd September 2022.

* This value is based on the standard rate and not applicable to first-time buyers or buy-to-let / second home buyers.

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Further Details

  • Status: Available
  • Tenure: Leasehold
  • Tags: Lift Access, No Onward Chain, Parking and/or Driveway
  • Reference: 568300

Location