- South facing balcony +
- Secure allocated underground parking and communal cycle store; Lift within development +
- Modern Berkeley development +
- Circa 700 sqft +
- Large master bedroom with En-suite shower room +
- Potential gross yield of 6.2%* +
This well presented second floor apartment is ideally located on the periphery of the highly sought-after Kennet Island development which features a central piazza with well-kept communal grounds.
The open plan living room with a well-defined kitchen area opens on to a South facing Balcony which allows light to flood in to the apartment. Kennet Island itself 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.
Additional Information - Financial & Lease Info - Years remaining: 980
Service charge: £2,500 annual
Ground rent: £450 annual
Ground rent review period: Every 15 years, in line with RPI, next review 2030
The seller of this property is not a qualified leaseholder under the building safety act, for further details please contact the office.
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 undercroft parking
On-street parking requires residents and visitors permits which are issued upon application by Reading Borough Council, charges apply, for an up to date list of charges please check reading.gov.uk "permit charges"
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%