Summary - 53, Maltings Place RG1 6QG
1 bed 1 bath Apartment
Chain-free top-floor flat near station and shopping amenities.
Allocated parking space plus visitor permits
No onward chain – ready for quick completion
Lease in excess of 900 years (c.960–961 years)
Top-floor apartment with private rear garden
Service charge approx £1,144 pa; ground rent £120 pa
Electric storage heaters (no gas central heating)
Local area: very high crime and classified as deprived
Upper/attic area has low ceiling and is in poor condition
Set on the top floor of a modern block in central Reading, this one-bedroom apartment offers a straightforward entry into the town-centre market. The property benefits from a very long lease (circa 960–961 years), allocated parking with visitor permits, a private rear garden and immediate availability with no onward chain — all helpful for first-time buyers or investors seeking a quick completion.
Accommodation is arranged as entrance hall, bedroom, bathroom, kitchen and a lounge/diner, totalling about 462 sq ft. The building has double glazing and was constructed in the late 1980s; heating is by electric storage heaters. Annual running costs include a service charge of around £1,144 and ground rent of £120, with Council Tax Band C.
Buyers should note clear, material drawbacks: the local area records very high crime levels and is classified as deprived, which will affect suitability for some purchasers and potential rental returns. Part of the upper/attic area is described as low-ceiling and in poor condition, indicating some internal maintenance or refurbishment may be needed. Electric storage heating can be less efficient than gas centrally heated systems.
Overall the flat is a practical, well-located option for someone prioritising proximity to Reading station, the Oracle shopping centre and central amenities. It suits a first-time buyer wanting an affordable, chain-free purchase or an investor prepared to accept local-area risks and possible light refurbishment to improve rental appeal.
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