Property photos
Leasehold
Guide price
£265,000
2 bed flat for sale
Cygnet House, Drake Way, Reading RG22 beds
2 baths
1 reception
EPC rating: C
Key Information
Tenure:
Leasehold (982 years)
Service charge:
£2,060 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 1.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Leasehold
- Third floor apartment
- No onward chain
- Balcony
- Council tax band C
- Under-croft parking space
- Modern development
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.
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.
Lease Information
Years remaining: 982
Ground rent: £450 pa
Service charge: £1030 every 6 months
Ground rent review period: Every 15 years in line with rpi, next review 2032
lease note: Lease and service charge details are provided as a guide and are based on information supplied by the seller
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%
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.
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.
Lease Information
Years remaining: 982
Ground rent: £450 pa
Service charge: £1030 every 6 months
Ground rent review period: Every 15 years in line with rpi, next review 2032
lease note: Lease and service charge details are provided as a guide and are based on information supplied by the seller
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%
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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Property descriptions and related information displayed on this page are marketing materials provided by - Haslams Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Haslams Estate Agents for full details and further information.