Rembrandt Way, Reading, Berkshire, RG1 6QW
Online auction
Situated in a peaceful cul-de-sac, this well-presented one-bedroom apartment offers convenient access to local amenities, there is a doctors surgery nearby and major road links. Located just over a mile from Reading town centre and less than a mile from the newly refurbished Reading West station, it provides excellent connectivity. The property features a modern, refitted kitchen and bathroom, a spacious double bedroom, and a generous living/dining area. Externally, it benefits from allocated parking and well-maintained communal gardens. EPC rating: C.
Local Information
Coley is an inner-town district located near Reading town centre. It offers good access to the Inner Distribution Road and A33, which are convenient for access to the motorway. A regular bus service is provided to and from the town centre. The area boasts a parade of shops, including take-aways and a convenience store as well as having two primary schools, Coley Park and Coley Primary. The area has an independent Bupa Hospital and good size playing field. Coley park farm has unspoilt views of the Holy Brook River which runs to the south of Coley.
Accommodation
The property is entered through a welcoming porch that leads into an inner hall, complete with a storage cupboard with recently installed immersion tank and access to all rooms.
Outside Space
There are communal gardens and allocated parking to the rear of the property.
Additional Information
Water, mains and electric connected
Reading Borough Council
Council Tax Band C
Length of Lease: 89
Annual Ground Rent Amount: £30.00
Annual Service Charge Amount: £2,800.00


This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 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 auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
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.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
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 auctions@pattinson.co.uk
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