Description
HASLAMS - Stunning two bedroom top floor apartment located within the sought after Kennet Island Development. Positioned favourably over-looking the central plaza this contemporary style apartment has been finished to a high standard and benefits from the unique aspect of high ceilings throughout. Configuration flows well with an open plan dual aspect living room, kitchen with integrated appliance, two double bedrooms with a master ensuite and a three piece family bathroom. Kennet Island features a central Plaza with café, nursery and convenience store as well as being situated close to the Green Park Development, M4 and frequent transport links to the town centre, making this apartment appealing for owner occupiers as well as investors.
Lease Information - Years remaining: 992
Service charge: £1,800 per annum
Ground rent: £450 per annum
Ground rent review period: Reviewed every 15 years, the next review date is in 2036
LEASE NOTE: Lease and service charge details are provided as a guide and are based on information supplied by the seller
Communal Areas - Kennet Island features well-kept landscaped communal grounds with a number of park areas with seating for shared use and a series of wetlands and ponds with a viewing pier overlooking the conservation area. There are pleasant riverside walks along the Kennet Valley path leading into the Reading town centre.
Parking - The property comes with one allocated parking space and two visitor spaces permits.
Gross Rental Yield - Gross rental yield 6 of circa 6%*
*We believe the current rental value for a furnished let would be £1400 per calendar month which based on the asking price represents a possible gross rental yield of circa 6.%