Offers over
£170,000
(£259/sq. ft)
Studio for saleHeron House, Kennet Island RG2
1 bath
1 reception
657 sq. ft
EPC Rating: C
About this property
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
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.
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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
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