£280,000
Est. Mortgage £1,401 per month*Get Pre-Qualified

2 bedroom flat for sale

Drake Way, Kennet Island
flat flat
bedrooms 2 bedrooms

Property description

A beautifully presented spacious two bedroom apartment located in Kennet Island with frequent, direct, Bus services to Green Park Business Park, Reading Town Centre, Reading Station and transport links to J11 M4 and the A33.
The accommodation comprises entrance hall, open plan fully fitted kitchen/dining room/living room leading on to balcony, bathroom with shower, master bedroom with ensuite shower room, further double bedroom, electric heating, one allocated basement parking space, use of communal grounds. Pets are allowed.
Kennet Island offers a convenience store, residents gym, restaurant/bar, availability to Ready Byke and lockable bike stores, ATM, Nursery. The Hilton Hotel offers swimming pool, leisure centre, spa & bar.
TENANT IN SITU. INVESTORS ONLY
Ground rent £450 pa next review in 2036
Service charge £2,690.66
980 years left on lease
Council Tax Band C, EPC C
Current Annual Revenue £15.6k
Annual Yield before tax and charges 5.7%

Kitchen/Living/Dining Room - 6.96m x 3.99m (22'10 x 13'1) -

Bedroom 1 - 5.05m x 3.10m (16'7 x 10'2) -

Bedroom 2 - 3.71m x 2.90m (12'2 x 9'6) -
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Drake Way, Kennet Island

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Walmsley Estate Agents - Caversham 9 – 11 Bridge Street Caversham RG4 8AA
Call agent on 0118 443 9390
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Based on a 25 year mortgage, with a 10% deposit and a 4.50% interest rate.

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