Studio flat for sale

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Studio flat for sale

Grovelands Road, Reading
£127,000

Price History

Initial price £130,000
25/10/25 £127,000
Price Change -2.31%

Description

This purpose-built first-floor studio apartment is a fantastic opportunity for a first-time buyer or investor, with a brand new 125-year lease and vacant possession, eliminating the risk of onward chain complications. The property has been comprehensively updated throughout and features a tasteful decoration, making it a turn-key purchase. With a realistic monthly rental income of circa £850, it's an attractive investment option. The apartment is conveniently located in a pocket development just 2 miles west of Reading town center and within walking distance to local amenities, including Prospect Park, shops, and supermarkets. The property boasts a fitted bathroom, dual-aspect living room, and a kitchen with electric oven and hob, as well as Economy 7 pressurized hot water and heating, double glazing, and a garage. With a lease term of 125 years and service/maintenance charges of £904 per annum, this property is an excellent choice for those looking for a hassle-free living or investment opportunity.