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2 Bed Flat, Single Let, Reading, RG2 0NX £280,000

Cygnet House, Drake Way, Kennet Island, RG2 0NX - a month ago
  1. Deal Search
  2. Reading
  3. RG2
  4. RG2 0NX
Leasehold
BTL
ROI: 2%
~68 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Reading
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Property History

Listed for £280,000

October 30, 2025

Floor Plans

Description

  • Two Bedroom Apartment +
  • Part Furnished +
  • Kennet Island +
  • Balcony +
  • Allocated Parking +
  • Tax Band C +

A beautifully presented spacious two bedroom apartment located in Kennet Island with frequent, direct, Bus services to Green Park Business Park, Reading Town Centre, Reading Station and transport links to J11 M4 and the A33.
The accommodation comprises entrance hall, open plan fully fitted kitchen/dining room/living room leading on to balcony, bathroom with shower, master bedroom with ensuite shower room, further double bedroom, electric heating, one allocated basement parking space, use of communal grounds. Pets are allowed.
Kennet Island offers a convenience store, residents gym, restaurant/bar, availability to Ready Byke and lockable bike stores, ATM, Nursery. The Hilton Hotel offers swimming pool, leisure centre, spa & bar.
TENANT IN SITU. INVESTORS ONLY
Ground rent £450 pa next review in 2036
Service charge £2,690.66
980 years left on lease
Council Tax Band C, EPC C
Current Annual Revenue £15.6k
Annual Yield before tax and charges 5.7%

Kitchen/Living/Dining Room - 6.96m x 3.99m (22'10 x 13'1) -

Bedroom 1 - 5.05m x 3.10m (16'7 x 10'2) -

Bedroom 2 - 3.71m x 2.90m (12'2 x 9'6) -

Agent Details

Walmsley Estate Agents, Caversham

0118 230 5597

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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