Lower Earley, READING, Berkshire

Located in the popular Maiden Place development, this well-presented ground-floor studio apartment is an excellent opportunity for first-time buyers or investors. Conveniently situated within walking distance of Sainsbury’s Local, shops, and other amenities, the property offers both practicality and potential. The accommodation features a spacious living area/bedroom, a separate kitchen, and a bathroom which needs some updating. Additional benefits include gas central heating and a generously sized, landscaped private rear garden. Please note, the property has a low lease length and is therefore best suited to cash buyers, a factor reflected in the asking price. With an extended lease, the property would be valued in the £165,000 - £170,000 range. The seller is open to discussing a lease extension, with the understanding that the buyer would cover the associated costs in addition to the current asking price.

Ground Floor

Entrance Hall

Reception Room/ Bedroom

4.85m x 4.69m (15' 11" x 15' 5")

Kitchen

2.54m x 2.36m (8' 4" x 7' 9")

Bathroom

Outside

Rear Garden

Lease Details

LOW LEASE, in region of 58-60 years. TBC via solicitors.
Service Charge - Approx. £260 per 6 months.
Ground Rent - Approx. £100 per annum.

• NO ONWARD CHAIN
• Low lease length, reflected in asking price
• Ideal for first time buyers or investors
• Well presented throughout
• Pleasant landscaped garden
• Plenty of parking available
• Close to local shops & amenities