£175,000
(£625/sq. ft)
Studio for saleHeron House, Kennet Island RG2
1 bath
1 reception
280 sq. ft
EPC Rating: C
- Leasehold
Martin & Co Reading
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About this property
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
***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.
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More information
Tenure
Leasehold (980 years)
Service charge
£350 per year
Council tax band
A
Ground rent
£550
Ground rent date of next review
