Practical ground-floor two-bed with parking, communal garden and lease-extension potential — check mortgage eligibility..
- Ground-floor two double bedrooms, open-plan lounge/diner/kitchen
- Allocated off-street parking and visitor bays
- Communal gardens and secure entry system
- 631 sq ft; modern 1996–2002 construction
- Electric storage heating; double glazing pre-2002
- Service charge £2,270.64 pa; ground rent £0
- Lease 79 years remaining — lenders may refuse mortgages
- Medium flood risk; consider insurance/mitigation
Set on the ground floor of a modern development, this two-double-bedroom apartment offers a practical 631 sq ft layout with open-plan living and plenty of built-in storage. The property benefits from allocated off-street parking, communal gardens and a secure entry system, making it a low-maintenance home close to local amenities and transport links into Reading and London.
Important: the lease has 79 years remaining. Many mortgage lenders restrict lending on sub-80-year leases, so buyers should seek mortgage advice and consider a lease extension (potential to extend upon completion). Annual service charge is £2,270.64 and there is no ground rent, both important running costs to factor in.
Heating is via electric storage heaters and windows are double glazed (installed before 2002), so energy performance is likely average; buyers may want to budget for future heating or insulation upgrades. The property sits in a very low-crime, affluent area with fast broadband and excellent mobile signal — attractive to professionals and commuter buyers.
With Caversham Lakes, local schools and bus routes nearby and Reading town centre only 1.7 miles away, the apartment suits first-time buyers seeking commuter convenience or investors targeting steady rental demand. Viewings are recommended, but purchasers should verify finance options given the lease length.
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