Summary - Silver Street, Reading, RG1 RG1 2BP
1 bed 1 bath Apartment
Long-lease town-centre one-bedroom with parking, south balcony and communal gardens.
Allocated undercroft parking plus an on-site garage space
South-facing balcony with communal landscaped gardens
Long lease: 999 years from April 2019 (approx. 992 years remaining)
566 sq ft open-plan one-bedroom apartment, town-centre location
Service charge around £1,600 per year; ground rent £200
Electric room heaters only — no gas central heating
Excellent mobile signal and fast broadband; walking distance to Oracle
Average area crime and inner-city noise typical of central Reading
Set in Reading town centre, this one-bedroom apartment offers a compact, well-lit living space with a south-facing balcony and communal gardens. The open-plan layout and large windows maximise light across the principal living area, while allocated undercroft parking and an on-site garage add rare convenience for a central location.
The property sits on a long lease (999 years from April 2019) and measures approximately 566 sq ft—an attractive size for a first-time buyer or city investor. Broadband and mobile signals are strong, and the Oracle shopping centre and local transport links are within easy walking distance, supporting a low-commute city lifestyle.
Buyers should note practical running costs: an annual service charge of about £1,600 and a small ground rent of £200. Heating is electric via room heaters rather than gas central heating, which may affect energy costs and comfort preferences. Crime and area deprivation are average for an inner-city location.
This apartment suits someone seeking a convenient, low-maintenance city base with potential to personalise. It’s especially appealing to first-time buyers and investors who value central location, long lease security and parking, while accepting modest ongoing service costs and electric heating.
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