Summary - OXFORD HOUSE FLAT 3 CHEAPSIDE READING RG1 7AA
1 bed 1 bath Apartment
Refurbished one-bedroom flat moments from Reading Station — ideal first home or rental..
- Recently refurbished one-bedroom apartment with high ceilings and abundant windows
- Second-floor flat with lift and entryphone, no private outdoor space
- Peppercorn ground rent; lease approximately 108 years remaining
- Service charge circa £1,983 per year
- Heating via electric room heaters (no gas central heating)
- Very high local crime levels — important for buyers and renters
- Very slow broadband speeds in the area
- Walking distance to Reading Station and town-centre amenities
Set on the second floor of a Victorian corner building, this recently refurbished one-bedroom apartment puts Reading’s shops, restaurants and Reading Station on your doorstep. High ceilings and plentiful windows give the open-plan living and dining space a bright, airy feel uncommon in city-centre flats. The fitted galley kitchen includes integrated appliances and a Belfast sink, while a separate dressing room adds useful storage.
Practical running costs include a peppercorn ground rent, a lease with around 108 years remaining and an annual service charge of about £1,983. The flat is heated by electric room heaters (no communal gas) and benefits from an entryphone, lift access and double glazing installed in or after 2002. Council Tax is band C.
Important drawbacks are factual and local: the wider area records very high crime levels and broadband speeds are reported as very slow — both critical if you plan to rent or work from home. The property also has a compact overall footprint with no private outdoor space, so it suits buyers who prioritise central location and low maintenance over large rooms or a garden.
This apartment will suit a first-time buyer wanting a move-in-ready central home or an investor seeking city-centre rental potential. Expect strong footfall for retail-focused tenants and easy access to amenities, but factor in the service charge, electric heating costs and local broadband/crime context when assessing long-term returns.
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