2 Bed Flat For Sale Drake Way, Reading, RG2

Offered to the market is this well presented raised ground floor apartment. This configuration is sought after and rarely available as you benefit from a full length balcony terrace. The property itself offers two bedrooms, the master with its own en-suite bathroom room.
The large living room, complete with integrated kitchen at one end faces south out of the apartment allowing the space to fill with light from the sliding doors.
Kennet Island is ideally situated for access to the town centre with a dedicated bus service providing easy access with mainline station and also Green Park with the planned station and the M4 motorway nearby. Viewings recommended

Additional Information - Financial & Lease Info - Years remaining: 980
Service charge: £2,450 annual
Ground rent: £450 annual
Ground rent review period: Every 15 years, in line with RPI, next review 2036

Additional Information (Part B) - Property construction – Standard form

Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Electric

Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)

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”

Parking - The property comes with allocated parking

Rental Yield - We believe the current rental value for a furnished let would be £1,450 per calendar month which based on the asking price represents a possible gross rental yield of 6.2%