£175,000
(£361/sq. ft)
1 bed flat for saleDrake Way, Reading RG2
1 bed
1 bath
1 reception
484 sq. ft
EPC Rating: B
Reduced on
Martin & Co Reading
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About this property
Modern one-bedroom first-floor flat
Immaculate condition
Allocated off-road parking right by the entrance
Convenient transport links
High EPC rating of B
Service Charge: £1,690 pa
Ground Rent: £533 pa
With a 999-year lease from 1 January 2006
Strong yield opportunity for investors
No onward chain
A modern one-bedroom first-floor flat, ideally located in the popular Kennet Island development, offering convenient transport links to Reading town centre, the Royal Berkshire Hospital and the University of Reading. The property is presented in immaculate condition and comprises a spacious open-plan living and kitchen area, well-proportioned bedroom and modern bathroom. Further benefits include allocated off-road parking, right by the entrance, and a high EPC rating of B. Excellent local amenities are nearby. With a 999-year lease from 1 January 2006 and strong rental potential, this property is an excellent opportunity for investors. Service Charge: £1,690 pa. Ground Rent: £533 pa. No onward chain.
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 (978 years)
Service charge
£1,690 per year
Council tax band
C
Ground rent
£533
Ground rent date of next review