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2 Bed Flat, Single Let, Reading, RG2 0PD £250,000

221B Drake Way, Reading, RG2 0PD - 1 views - 2 months ago
  1. Deal Search
  2. Reading
  3. RG2
  4. RG2 0PD
Leasehold
BTL
ROI: 3%
~68 m²

ValuationUndervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Reading
  • More Deals in RG2
  • More Single Let Deals
  • More Single Let Deals in Reading
  • More Single Let Deals in RG2

Property History

Listed for £250,000

November 10, 2025

Floor Plans

Description

  • Desired development +
  • 2 Bedrooms +
  • Open plan living space +
  • Ensuite bathroom +
  • Allocated parking +
  • Communal grounds +

An opportunity to acquire a beautifully maintained apartment located within the highly regarded Kennet Island development. The property enjoys a prime position offering convenient access to Reading town centre, complemented by excellent public transport links and proximity to local retail parks and amenities.

The accommodation is both spacious and well-appointed, comprising two double bedrooms with fitted wardrobes, an ensuite shower room to the principal bedroom, a contemporary family bathroom, and an impressive open-plan living area incorporating a modern fitted kitchen.

Additional benefits include an allocated parking space, attractively landscaped communal grounds, and access to the development’s well-maintained parks and open spaces.

Additional Information: - Parking
There is allocated parking available at the property

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"

Lease information.
Years remaining: 980
Service charge: £2538
Ground rent: £450
Ground rent review period: Every 15 years, in line with RPI, next review 2036

Property construction – Standard form
Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating

Broadband connection available (information obtained from Ofcom):
Standard - ADSL/copper wire

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”

Agent Details

Haslams Estate Agents, Reading

0118 230 1217

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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