Sold STC
£240,000

2 bed maisonette for sale in Hartigan Place, Reading, RG5 (ref:561124)

Shortlist

Key Features

  • Marketed by Kiel & Dan - **CHECK OUT THE VIDEO TOUR**
  • 7% NET Investment Yield
  • Two Bedrooms - Ideal Investment/First Home with Ample Parking
  • Potentially Complete Onward Chain
  • Fantastic Condition Throughout
  • Tesco Express, Day Nursery and Electric Charge Points Close By
  • Close to Dinton Pastures, Sandford Park & Ashenbury Park
  • Refitted Bathroom
  • Built-in Wardrobe and Large Storage Cupboard

Video

With an investment yield of 7% NET in the heart of Woodley and with access to so many amenities whilst being presented in superb condition, this home is a must see for anyone seriously in the market!
"Sellers View"
Hartigan Place is a friendly community within a sought-after area of Woodley. I moved to Hartigan in 2021 as a first-time buyer and the property has been a perfect place to get onto the property ladder and unwind in a comfortable space after work. The area is extremely peaceful in a well maintained by an estate management company who have been easily contactable.

The maisonette itself is spacious throughout with plenty of natural light coming into the living room. There is plenty of storage in the property with a large cupboard in the dining area and built in storage in the master bedroom. When I moved to Hartigan I redecorated throughout, replaced all the carpets and refurbished the kitchen. In my opinion the property is ready for anyone to move straight into the property, without the stress of decorating/ refurbishing the property immediately after you have moved in.

It has been a delight to live here for the last couple of years and I’m sure the next owner will share the same thoughts.

"Kiel's View"
Wow, what an incredible starter home/investment opportunity!

Well nurtured by the current owners and in immaculate condition throughout so it really is ready to move into. The property is set back within the development providing quiet and ample parking to the front and rear so it offers an idealistic retreat at the end of a working day or if you're retired.

On the doorstep to so many amenities, you won't find a better suited starter home/investment at this price and that is further highlighted by the available yield of 7.05% Net, making this one of the best investment purchases I have seen for some time.

"Area view"
Hartigan Place has the benefit of ease of access to the M4 via the A329M and ease of travel into Reading, 20 minutes commute, via bus stops only a couple of minutes’ walk away. For those with children, Busy Bees Nursery, Woodley C of E & Willow Bank junior schools and Waingels College secondary school are within walking distance.

Hartigan Place is also on the doorstep to Loddon Vale Doctors Practice, Day Lewis Pharmacy, Tesco Express, Pizza Hut and Core Fitness. For outdoor lovers Dinton Pastures is only a small walk away which offers a perfect place for a walk/run and activities such as a large children’s play area, mini crazy golf, sailing and paddle boarding.

"Investor Information"
£1,500 - Expected Monthly Rental Income
7.05% - NET Rental Yield (7.5% GROSS Yield)
91 Year Lease

*Service Charge is £489.97 every 6 months (£979.94pa)
*Ground Rent £100 a year until 2056
*Total annual charges £1,079.94pa

Stamp duty due

Based on a sale price of £240,000 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: Sold STC
  • Council tax band: C
  • Tenure: Leasehold
  • Tags: Investment Opportunity, Parking and/or Driveway
  • Reference: 561124

Location