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1 bed flat for sale

£235,000

Watlington Street, Reading RG1

1 bed flat for sale 1 1
Interested in this property? Call +44 20 8033 1515 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Key features

1 bed contemporary apartment
Reading train station moments walk away
City centre location
Modern kitchen with integrated appliances
Close to local amenities
Excellent transport links
Bicycle storage

Full Description

Tenure: Leasehold

dipex Lettings & Management Ltd re pleased to present this exquisite 2nd-floor apartment, The apartment is sophistication, offering a generously proportioned living space. It features a chic kitchen, complete with top-tier integrated appliances and sleek black composite stone countertops.

Further enhancing the property's appeal is its wealth of additional features. The flat enjoys an intercom entry system, double-glazing, gas central heating, and a unique fresh air system, designed to filter and condition the air for an optimised living environment.
In terms of connectivity, you're a mere 30-second stroll from Reading train station, putting London Paddington effectively less than 30 minutes away. The locale also benefits from an extensive network of bus routes, including the Rail Air buses. A secure bicycle storage facility simplifies local commutes. The vibrant Reading town centre, brimming with shops, bars, and restaurants, is practically at your doorstep.

For the health-conscious, the area hosts several fitness centres, tennis courts, and the serene Thames Tow Path, perfect for a riverside jog, is just moments away.

This leasehold property is subject to Council Tax Band C. The lease has a comfortable 119 years remaining, with a current ground rent of £250 per annum. Notably, the ground rent is fixed, with no review period and no annual increases, offering fiscal predictability and security.

This is a remarkable opportunity to acquire a luxurious living space in a highly sought-after locale, pairing modern elegance with unmatched convenience.

Property value data/graphs for RG1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £765,951 £368 4.0 £622,100
Semi-detached £510,429 £344 3.5 £450,551
Terraced £453,763 £350 2.9 £329,562
Flats £281,900 £406 1.7 £244,468

Current asking prices in RG1

Average: £375,137
Avg. current asking prices in RG1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £319,333
(15)
£402,321
(28)
£491,000
(15)
£905,000
(8)
Flats £204,986
(81)
£305,941
(80)
£426,667
(3)
- -
All £204,986
(81)
£308,055
(95)
£404,677
(31)
£491,000
(15)
£905,000
(8)

Current asking rents in RG1

Average: £1,490 pcm
Avg. current asking prices in RG1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £750 pcm
(80)
£1,409 pcm
(18)
£2,061 pcm
(9)
£2,201 pcm
(1)
£2,700 pcm
(2)
Flats £1,066 pcm
(169)
£2,033 pcm
(105)
£3,168 pcm
(11)
- -
All £965 pcm
(249)
£1,942 pcm
(123)
£2,670 pcm
(20)
£2,201 pcm
(1)
£2,700 pcm
(2)

Fun facts for RG1

Highest value in RG1
Highest value streets Zed-Index
Lancaster Close £854,179
Wellswood Gardens £844,403
Downshire Square £804,202
Allcroft Road £760,285
New Road £706,656
Highest turnover in RG1
Highest turnover streets Turnover
Selborne Court 44.0%
St. Saviours Terrace 40.0%
Upavon Drive 38.5%
Thames Avenue 37.5%
Ashley Road 35.7%
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For more information about this property, please contact
Dipex Lettings & Management Limited, HA2 on +44 20 8033 1515 * (local rate)

Monthly running costs Beta

£1,110 Monthly total

Mortgage

Purchase price
Deposit (10%) 23,500
Repayment term 25
Interest rate 2.0
Your payment £896 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £750,000 Contents value up to £75,000 Average insurance cost £13/mo (£159/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £17 Electricity £31 Estimated energy cost £48/mo

Similar properties could save up to £147

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6100 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Reading

Estimated tax band B Council tax cost £134 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £10 Estimated water cost £19 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Dipex Lettings & Management Limited, and do not constitute property particulars. Please contact Dipex Lettings & Management Limited for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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