2 Bedroom Apartment in Lesley Court Reading

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2 Bedroom Apartment

Lesley Court, Southcote Road, RG30 2AT

Guide Price: £155,000
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  • Key Features

    • 2 bedroom apartment
    • Good access to town centre
    • Requires improvement
    • Vacant
    • Cash buyers only

    Property Description

    FOR SALE BY AUCTION - A vacant, 2 bedroom first floor apartment located west of Reading town centre within close proximity of local commuter routes and amenities. Ideal for letting investment with a potential gross yield of 7.35% at a rent of £950 PCM.

    AUCTION DATE: To be sold by public auction on Wednesday 21st February 2018 at 1:30pm at Green Park Conference Centre, 100 Longwater Avenue, Green Park, Reading, Berkshire, RG2 6GP

    TO VIEW: Please call 01344 753 120

    LOCATION: * Good access to Reading town centre and local amenities * Mainline rail service from Reading West to Reading, London Waterloo and Paddington * M4 access at junction 12

    DESCRIPTION: * 2 bedroom first floor apartment * Requires minor improvement * Good investment potential * For cash buyers only

    ACCOMMODATION: Entrance hall, living room, kitchen, 2 bedrooms, bathroom

    OUTSIDE: Communal gardens and parking


    TENURE: Leasehold with vacant possession

    LEASE: 99 years from 1st April 1973 - 54 years remaining. A Section 42 notice will be served to the freeholder and will transfer to the purchaser. We understand the premium to extend the lease will be £22,000 excluding fees.

    LOCAL AUTHORITY: Reading Borough Council - 0118 937 3787

    LEGAL PACK: For each lot there are Special Conditions of Sale and other documentation provided by the vendor’s solicitors. If you wish to receive this information, a link to the Legal Pack will be available on our website www.romans.co.uk from Monday 20th November

    GUIDE PRICES: Guide prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve. The reserve price is the minimum price at which the property can be sold. Both the guide price and the reserve price may be subject to change up to and including the day of the auction. The Reserve will normally be set at or below the guide price. It is possible that the reserve price set for any lot may exceed the previously quoted guide price - as the seller may set the final reserve price just before bidding commences. Lots may be sold or withdrawn prior to auction. Please check regularly for updates.

    ADDITIONAL FEES: A buyers charge is payable on each lot that you buy in addition to the sale price. Other non-optional fees may apply to certain lots. Please refer to the Special Conditions in the Legal Pack for the lot that you are bidding on for further information.

  • Location

  • Street View

  • Floorplans

  • Energy Performance Certificate

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