Summary - 18 Riverside House, Fobney Street RG1 6BH
2 bed 2 bath Apartment
Chain-free two-bedroom close to Reading station and local amenities.
NO ONWARD CHAIN, ready to occupy
Approx. 975-year lease, long-term security
Allocated undercroft parking included
14ft living/dining room with balcony
12ft master bedroom with en-suite shower
High annual service charge (£4,100) and ground rent £262
Electric room heaters only; no gas central heating
Inner-city location with very high crime rate
Set on the second floor of a modern riverside block, this chain-free two-bedroom home offers practical living for a first-time buyer or commuter. The open living/dining room leads to a small balcony and pairs with a fitted kitchen and useful storage — a compact, comfortable base close to Reading station and town centre amenities.
The apartment benefits from a very long lease (approx. 975 years), lift access and an allocated undercroft parking space. The master bedroom includes an en-suite shower, and the block has video entry for added convenience. Broadband is fast and mobile signal excellent — practical for home working.
Be aware of a higher-than-average service charge (£4,100pa) and an annual ground rent of £262. Heating is by electric room heaters rather than gas; buyers wanting gas central heating should allow for potential upgrades. The local area is inner-city and classified as deprived with a very high crime rate; consider this when weighing security and resale factors.
Overall this is a well-presented, low-maintenance home in a central, well-connected location. It suits buyers prioritising location, lease length and parking who accept the service charge level and electric heating configuration.
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