Property photos
Leasehold
£280,000
2 bed flat for sale
Cygnet House, Drake Way, Reading RG22 beds
2 baths
1 reception
EPC rating: C
Key Information
Tenure:
Leasehold (980 years)
Service charge:
£2,450 per year
Council tax band:
C
Ground rent:
£450
Ground rent date of next review:
Local area information
Property location
Nearby amenities
- Whitley Park Primary and Nursery School 0.5 miles
- Reading Girls' School 0.7 miles
- Reading Green Park 1.1 miles
- Reading West 1.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Modern Berkeley development
- South facing balcony/terrace
- Ground floor apartment
- Piazza with amenities
- In excess of 700 sqft
- No onward chain
Offered to the market is this well presented raised ground floor apartment. This configuration is sought after and rarely available as you benefit from a full length balcony terrace. The property itself offers two bedrooms, the master with its own en-suite bathroom room.
The large living room, complete with integrated kitchen at one end faces south out of the apartment allowing the space to fill with light from the sliding doors.
Kennet Island is ideally situated for access to the town centre with a dedicated bus service providing easy access with mainline station and also Green Park with the planned station and the M4 motorway nearby. Viewings recommended
Additional Information - Financial & Lease Info
Years remaining: 980
Service charge: £2,450 annual
Ground rent: £450 annual
Ground rent review period: Every 15 years, in line with rpi, next review 2036
Additional Information (Part B)
Property construction – Standard form
Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Electric
Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)
Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”
Parking
The property comes with allocated parking
Rental Yield
We believe the current rental value for a furnished let would be £1,450 per calendar month which based on the asking price represents a possible gross rental yield of 6.2%
The large living room, complete with integrated kitchen at one end faces south out of the apartment allowing the space to fill with light from the sliding doors.
Kennet Island is ideally situated for access to the town centre with a dedicated bus service providing easy access with mainline station and also Green Park with the planned station and the M4 motorway nearby. Viewings recommended
Additional Information - Financial & Lease Info
Years remaining: 980
Service charge: £2,450 annual
Ground rent: £450 annual
Ground rent review period: Every 15 years, in line with rpi, next review 2036
Additional Information (Part B)
Property construction – Standard form
Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Electric
Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)
Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”
Parking
The property comes with allocated parking
Rental Yield
We believe the current rental value for a furnished let would be £1,450 per calendar month which based on the asking price represents a possible gross rental yield of 6.2%
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
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Listed by
Haslams Estate Agents
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