A Vacant Raised Ground Floor One Bedroom Flat
Flat 1, 22 George Street, Reading, Berkshire, RG1 7NT
A vacant raised ground floor one-bedroom flat situated within a mid-terrace building in Reading. The property comprises a reception room with open-plan kitchen, bedroom, and bathroom, held on a 99-year leasehold with approximately 75 years unexpired.
Accommodation
- Reception Room with Open-Plan Kitchen
- Bedroom
- Bathroom
Full description
A vacant raised ground floor one-bedroom flat situated within a mid-terrace building arranged over lower ground, raised ground and two upper floors. The property comprises a reception room with open-plan kitchen, a bedroom, and a bathroom on the raised ground floor. The flat is situated on a residential road close to local shops and amenities. The open spaces of Victoria Park Recreation Ground are within easy reach, and transport links are provided by Reading West rail station. The property is held on a leasehold tenure with a 99-year lease from 24th June 2002, leaving approximately 75 years unexpired. When purchasing a flat with a short lease, it is important to understand that in addition to the purchase price, if you wish to extend the lease to 90+ years, you will need to pay a premium to the freeholder by serving a Section 42 notice. The freeholder has the right to refuse the offer and submit a counter notice with an alternative price. EPC Rating: C
Financial Tools
For illustration only. SDLT applies to England & Northern Ireland; rates and reliefs change. Seek independent financial advice before making decisions.
