Standout Features
- Heron House Building in Popular Kennet Island Development
- Service Charge approx. £350 PA
- Ground Rent approx. £550 PA
- Council Tax Band: A
- Long Term Lease: 980 Years Remaining approximately
- Allocated Parking Space in Building Car Park
- Ideal Investment Opportunity: Approx. 7.2% gross yield
Property Description
***360 degree tour available***
Martin & Co Reading are pleased to present this modern second-floor studio flat in the sought-after Heron House building of the Kennet Island development. Offering contemporary, low-maintenance living, the property boasts excellent access to Reading Town Centre, Green Park, and the M4, with a regular bus service every 30 minutes.
The flat features an open-plan lounge and kitchen, a connected bedroom area, and a spacious shower room. Key benefits include lift access, a gated undercroft allocated parking space, low service charges, and a long lease - making it ideal for both homeowners and investors.
With a potential rental income of £1,050pcm, the flat offers a strong gross yield of approx. 7.2% based on the current asking price.
A fantastic opportunity for first-time buyers or buy-to-let investors seeking convenience and excellent value in a vibrant, well-connected community.
Additional Information
Tenure:
Leasehold
Ground Rent:
£550 per year
Service Charge:
£350 per year
Council Tax Band:
A
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Heron House, Kennet Island
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