2 bed flat for sale

Drake Way, Kennet Island, Reading RG2

Urban-Chic Second Floor Apartment With West Facing Balcony In Popular Kennet Island Development

Estate Agent's View

This is a bright and airy apartment in a great area of the development. Directly opposite the Hilton hotel on a tree lined street, the immediate area is pleasant and convenient. This apartment is ideal for a first time buyer or investors seeking a secure and low maintenance property

There is allocated parking for residents and unrestricted on street parking for visitors directly outside. There is also a large, extra secure bike storage room for residents which is perfect for keen cyclists or possibly even to safely store a pram on the ground floor.

The communal hallway is clean and well kept and there is a secure entry system.

Up on the second floor the apartment itself is low maintenance and well kept.
Crisp, white walls with recently re-fitted carpet and flooring throughout make this a great choice to move straight into.

There is a spacious entrance hallway with two large storage cupboards.
The large main bedroom has double fitted wardrobe and en-suite shower room. There is also a second double bedroom and family bathroom.
The open plan living space is ideal for entertaining and opens out onto the westerly facing balcony, ideal for soaking up the evening sunshine.
The kitchen has integrated appliances including washing machine, oven and gas hob. There is plenty of worktop and cupboard space.

Leasehold

Service Charge: Approx. £219 per month plus annual variable balancing charge
Ground Rent: Peppercorn
159 Years remaining
Potential yield 6.75% (based at asking price with a rental amount of £1,350pcm)

Location Information

Kennet Island is a stylish & modern development located to the south of Reading offering a great choice for commuters seeking easy access to Reading town centre and M4 junction 11.
There are also regular buses to town.
The central Piazza is a firm favourite with residents with the highly rated Fidget & Bob cafe, convenience stores, barbers and on site nursery.
There are two children’s play parks to choose from and easy access to local walks along river.

The Hilton hotel is currently offering residents of Kennet Island a discount on the gym and swimming pool making this a huge incentive for potential renters.

Check out our Key Facts for Buyers Report for in depth information on the local area, public transport links and schools.

Seller's View

"Welcome to our flat, where city life meets countryside calm.

Perfectly positioned with effortless access into Reading town centre and direct rail links to London, this two-bedroom apartment offers the best of both worlds. The buzz of the city balanced by the peace of nature-with two beautiful nature reserves right on your doorstep.

As London commuters, we’ve loved how easy it is to get into the city, and equally how quickly we can unwind after a busy day with a sunset walk or cycle along the Kennet & Avon canal, just a stone’s throw away.

When we bought this apartment five years ago as first-time buyers, it instantly felt like the perfect first home. The layout has been ideal, with two bedrooms (including a master with ensuite) giving us both the space we needed especially when working from home during the week. We love hosting too and having the extra bedroom and bathroom has meant that we can do exactly that with ease.

If you love fitness and the outdoors, this is a hidden gem. We’ve trained for half marathons straight from our doorstep, explored Fobney Island Nature Reserve, and even enjoyed a bit of nature photography when we are not on the move. It’s rare to have this much open green space while still being so connected to everything.

Everyday convenience is unbeatable too: Within half a mile you’ll find three supermarkets (Aldi, Lidl, Morrisons), PureGym, a Royal Mail/Evri drop-off point just 200m away, and even a residents’ discount at the Hilton gym and pool directly opposite our building.

Having three retail parks nearby, with shops like B&Q, tk Maxx and Home Bargains plus places to eat like Nando’s, gives us all the convenience of central Reading but without the business or parking hassle.

The building itself is immaculately maintained, with weekly cleaning of the communal space, routine window washing, and a recently renovated communal space that always looks welcoming. To top it off, whilst all residents in our neighbourhood benefit from a single allocated parking space, we also have free, on road parking directly opposite us, which is perfect if, like us, you the 2 cars or for visitors without the hassle of arranging guest parking.

Being on the second floor has been a real bonus too because in the winter, we hardly ever need to put the heating on. With the warmth from the flat above and below, it’s warm and a brilliant saving on energy bills, a true win-win!

We are sad to be moving but we have made the decision to be closer to family but we are certain that whoever moves in next will fall in love with this home, just as we did. It’s not just a flat, it’s a lifestyle that has suited us very well indeed!"