Description
HASLAMS: This well presented third floor apartment is located on the periphery of the highly sought-after Kennet Island development which features a central piazza with well-kept communal grounds.
The well-presented two bedroom apartment features an open plan living room with a well-defined kitchen area and Balcony.
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.
Leasehold Information - Years remaining: 982
Ground rent: £450 PA
Service charge: £979.78 every 6 months
Ground rent review period: Every 15 years in line with RPI , next review 2036
LEASE NOTE: Lease and service charge details are provided as a guide and are based on information supplied by the seller
Communal Grounds - 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 there is permit visitor spaces throughout the development.
Gross Rental Yield - *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 6.0%