Summary - Oscar Wilde Road, Reading, Berkshire, RG1 RG1 3FH
2 bed 2 bath Apartment
Well-presented city-centre flat with parking and long lease, ideal for commuters..
- Second-floor two-bedroom apartment with no onward chain
- Open-plan kitchen/lounge/diner with balcony, good natural light
- Two bathrooms — practical for sharers or families
- Allocated parking space included
- Lease around 114 years remaining (from 2015)
- Service charge approx £2,660 p.a.; includes heating and hot water
- Ground rent approx £440 p.a.; communal heating system
- Local area: higher crime and deprived classification
Set on the second floor with no onward chain, this two-bedroom apartment sits a short walk from Reading Station and the Oracle shopping centre — a practical pick for first-time buyers and buy-to-let investors. The open-plan kitchen/living space and balcony maximise light and provide easy city-centre living, while two bathrooms suit sharers or small families.
Practical extras include an allocated parking space and a long lease (approximately 114 years remaining). The service charge is substantial at about £2,660 per year but does include communal heating and hot water from the shared boiler; ground rent is £440 per year. Council Tax Band C applies.
Be mindful of material local factors: the wider area is classified as deprived with higher-than-average crime, and the property relies on a community heating scheme rather than individual gas or electric boilers. These points affect running costs, resale profile, and tenant demand and should be weighed against the central location and strong transport links.
Overall this is a well-presented, average-sized apartment offering straightforward, low-move-in friction and good commuter convenience. It will appeal to first-time buyers seeking central convenience and investors targeting city-centre rental demand, provided they factor in service charges and local area characteristics.
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