1 bed apartment to buy in RG2
Milward Court, Warwick Road, Reading, Berkshire, RG2 7BG
Online auction
Alternatively call 023 8251 4032 or email southwest@pattinson.co.uk
- Being Sold via Secure Sale online bidding. Terms and Conditions apply.
- Views Over Cintra Park from Apartment
- Cats & Dogs Accepted (Subject to Lease Terms)
- McCarthy Stone build Circa 2005
- Lift Access & Communal Grounds
- Over 60's Independent Living with No Onward Chain
- 107 Years Remaining on Lease
1 bed apartment to buy in RG2
Sellers view:
"The flat is in a good location overlooking the park with good connections to bus services/local shops. It also has its own secure gated parking and a lift within the building if required.
Although you are living independently, the manager of the building lives on site, she is so helpful and approachable if needed. You don’t feel you are entirely on your own if you need help with anything.
It’s a lovely place to live and highly regarded by the residents who are very happy there."
Kiel's View:
"A McCarthy Stone development of 43 independent apartments constructed circa 2006 with resident management staff and Caroline alarm service in addition to lift, communal grounds, parking and wonderful views over Cintra Park!
The home was previously tenanted and for an investor it would be ideal as rentals are very common here. Current rental figure is £800-£850pcm.
With lift access, communal grounds and ease of access into Reading as well as a Post Office within 0.75 miles and guest facilities, this could be an ideal home in Reading for someone over 60 looking to downsize and take the next step.
Regular Social activities include: coffee morning, fish & chip supper, and birthday teas. New residents accepted from 60 years of age. Both cats & dogs generally accepted (subject to terms of lease and landlord permission)."
Over 60`s accommodation
Communal gardens
Lift access
Allocated parking space
Stunning views over a park
Area view:
Distances:
Bus stop 700 yards;
Shop 0.75 mile(s)
Post Office 1 mile(s)
Town centre 2 mile(s)
GP 1 mile(s)
Social centre 1 mile(s)
Misc
Rental - £800-£850pcm
Lease Start Date - 11/09/2006
Lease End Date - 01/11/2131
Lease Term - 125 Years From 1 November 2006
Lease Term Remaining - 107 years
Ground Rent - £197.50 every 6 months
Service Charge - 1,800.01 1st Mar-31st Aug 2024
For sale through Pattinson Auction under Conditional Terms
Summary
- Property Type: Apartment
- Bedrooms: 1
- Receptions: 1
- Tenure: Leasehold
- Heating: Electric
- Parking: Allocated
Floor Plan
This property is being sold subject to conditional reservation fee auction terms and conditions.
Timescales
There are 28 days to exchange contracts and a further 28 days to complete the purchase.
56 days in total.
Legal Pack
A legal pack has not been provided on this lot.
Deposit
There is no deposit to pay on this property.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £5,000 + VAT (£6,000 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk
ONLINE AUCTION NOTICE
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Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
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The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auction@pattinson.co.uk
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