Standout Features
- Modern one-bedroom first-floor flat
- Immaculate condition
- Allocated off-road parking right by the entrance
- Convenient transport links
- High EPC rating of B
- Service Charge: £1,690 pa
- Ground Rent: £533 pa
- With a 999-year lease from 1 January 2006
- Strong yield opportunity for investors
- No onward chain
Property Description
A modern one-bedroom first-floor flat, ideally located in the popular Kennet Island development, offering convenient transport links to Reading town centre, the Royal Berkshire Hospital and the University of Reading. The property is presented in immaculate condition and comprises a spacious open-plan living and kitchen area, well-proportioned bedroom and modern bathroom. Further benefits include allocated off-road parking, right by the entrance, and a high EPC rating of B. Excellent local amenities are nearby. With a 999-year lease from 1 January 2006 and strong rental potential, this property is an excellent opportunity for investors. Service Charge: £1,690 pa. Ground Rent: £533 pa. No onward chain.
In compliance with UK Anti-Money Laundering legislation, we are required to carry out identity and AML checks on all buyers. A non-refundable fee of £25 per buyer applies which is payable on offer acceptance.
Additional Information
Tenure:
Leasehold
Ground Rent:
£533 per year
Service Charge:
£1,690 per year
Council Tax Band:
C
Mortgage calculator
Calculate your stamp duty
Results
Stamp Duty To Pay:
Effective Rate:
| Tax Band | % | Taxable Sum | Tax |
|---|
Drake Way, Reading
Struggling to find a property? Get in touch and we'll help you find your ideal property.