2 bed Flat For Sale £260,000
Merrick, Whale Avenue, Reading

HASLAMS - A well presented 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 well maintained and benefits from offering a non onward chain scenario. The property offers a fully fitted kitchen/living area with integrated appliances, two double bedrooms, a family bathroom and the master bedroom also benefitting from a three piece en-suite.
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.

Parking - This apartment has an allocated parking space.

Lease Information - Years remaining: 990
Service charge: £860 every 6 months
Ground rent: £500 PA
Ground rent review period: Reviewed every 15 years, the last review was in 2021 and is inline with RPI.

LEASE NOTE: Lease and service charge details are provided as a guide and are based on information supplied by the seller

Rental Yield - *We believe the current rental value for a furnished let would be £1,400 per calendar month which based on the asking price represents a possible gross rental yield of 6.4%