Summary - Alfred Street, Reading, Berkshire, RG1 RG1 7AU
1 bed 1 bath Apartment
Perfect central base for commuting or rental with secure parking and concierge.
Allocated secure parking included with the apartment
Concierge service adds on-site security and convenience
Open-plan kitchen/lounge with balcony and garden views
Chain-free sale with 235 years remaining on the lease
Service charge c. £2,400 and ground rent £350 per year
Inner-city, multicultural student neighbourhood; high local crime
Average size one-bedroom flat — 503 sq ft, modest room count
Excellent transport links; walking distance to mainline station
Set on the ninth floor of a modern city development, this one-bedroom apartment offers a practical, low-maintenance home or buy-to-let close to Reading station and town centre amenities. The open-plan living area and balcony bring natural light and views over communal gardens, while allocated secure parking and a concierge add convenience and security.
The property is chain-free with 235 years remaining on the lease, making it straightforward to purchase. Internal accommodation includes an entrance hall with storage, double bedroom, bathroom and a well-equipped open-plan kitchen/lounge/diner — an efficient layout for single buyers or couples.
Buyers should note the material running costs: an annual service charge of approximately £2,400 and ground rent of £350 per year. The building sits in an inner-city, multicultural student neighbourhood with higher local crime and wider area deprivation; these factors may affect resale or rental premium but also support strong rental demand given proximity to transport and town centre.
Overall, this flat suits a first-time buyer seeking central, low-upkeep living or an investor targeting steady rental demand. The long lease, secure parking and concierge are genuine strengths; prospective purchasers should budget for the service charge and consider the local area profile when viewing.
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