Standout Features
- Manhattan-Style Studio Apartment
- Low Service Charge - approx £350 Per Year
- Ground Rent approx. £550 Per Year
- 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
- No Chain
- Benefit From All Heron House + Kennet Island Amenities
- Low Risk, Stable Addition to any Portfolio
Property Description
Priced to sell with a tenant in situ this Manhattan-style studio flat is an excellent investment opportunity ideally positioned in the popular Kennet Island development, offering strong rental demand and an attractive yield of approximately 7%.
The property features a bright and modern open-plan living space with a clearly defined sleeping area, creating a practical, low-maintenance layout that appeals strongly to professional tenants. The kitchen is well equipped with integrated appliances.
A long lease, low service charge and no chain makes it perfect for an investor to add a low-risk fair return property to their portfolio in these times. A current rental income of £1,050 per month within an area of ever-present strong tenant demand is something not to be passed up.
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:
£550 per year
Service Charge:
£350 per year
Council Tax Band:
A
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Heron House, Kennet Island
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