2 Bed Flat, Single Let, Reading, RG2 0WR £225,000

27, DRAKE WAY, READING, RG2KFB - a day ago
Leasehold
BTL
45

Property History

Listed for £225,000

February 3, 2026

Floor Plans

Description

  • Marketed EXCLUSIVELY by Kiel Holder CHECK OUT THE VIDEO TOUR +
  • No Onward Chain +
  • Potential Net Yield Circa 8% +
  • Two Double Bedroom Top/Second Floor Apartment +
  • Recently Refurbished, GCH, Built-in Appliances +
  • Allocated Parking +
  • Walking Route Along Kennet into Reading Town Centre +
  • Ease of Central Reading Access via Public Transport/Foot/Bike or Car +
  • Fidget & Bob Cafe and Other Amenities Close By +
  • Hilton Hotel with Leisure Facilities, Meeting Spaces & Cafe Close By +

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Sellers Comments- It was a lovely first flat - spacious, sunny in a great location with a pleasant walk into Reading town centre along the river. Convenient for travel due to its close proximity to the M4 and walking distance to the business hub - Green Park. It's quiet and safe, with good access to local gyms and shops. Great bus link to town from within the development too.

Kiel's Comments- Set on the top (second) floor of a modern Berkeley Homes development, Flat 8, 27 Drake Way is a superbly presented two-bedroom apartment offering generous space, excellent natural light and a true ready-to-move-into finish.

Built circa 2013, the apartment has been redecorated to a high standard by the current owners and is offered to the market with no onward chain, making it ideal for buyers seeking a smooth and straightforward purchase.

The accommodation is well balanced and thoughtfully laid out, with large windows flooding the home with light and creating an airy, uplifting feel throughout. The living space comfortably accommodates both relaxation and dining, while also offering excellent flexibility for working from home — something many buyers now prioritise.

The kitchen is well equipped with built-in appliances, complementing the sleek and modern finish, and the property further benefits from gas central heating for efficient, year-round comfort.

Both bedrooms are well proportioned, making the apartment suitable for professionals, couples or downsizers alike. Outside, the development offers allocated parking along with ample visitor bays, adding genuine practicality for day-to-day living.

A modern, low-maintenance home in a well-regarded development — this is a property that simply allows you to move straight in and enjoy.

Area Comments- Drake Way sits within a family-centric, commuter-friendly pocket of RG2, perfectly positioned for access to Reading town centre, major transport links and a growing selection of lifestyle amenities.

Right on your doorstep is Green Park, home to the popular Fidget & Bob café, a local favourite for breakfasts, lunches and informal meetings — ideal whether you’re working from home or enjoying a weekend stroll. The Hilton Reading Hotel is also moments away, offering a gym, spa facilities and a stylish bar and restaurant.

For commuters, the location is particularly strong: • M4 Junction 11 is approximately 1 mile away, providing fast access to London, the Thames Valley and beyond • Reading town centre is around 2 miles away, offering mainline rail services (including fast trains to London Paddington), The Oracle shopping centre, restaurants and leisure facilities • Green Park Station provides additional rail connectivity and is within easy reach

The area continues to grow in popularity due to its blend of green space, modern infrastructure and excellent transport links — making it especially appealing to professionals and buyers seeking a well-connected yet comfortable place to call home.

The KLIC (Kiel's Landlord Investment Club)- £1,500pcm Expected Rental £2,200pa Service Charge £684.85pa Ground Rent 979 Years Remaining on the Lease Net Rental Yield 8%

Kiel Holder, Proud to be your estate agent in Reading.

*Some images have been digitally enhanced for presentation.

Agent Details

Avocado Property, Covering South East

01344 951830

Next Steps?

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