Summary - 1 FLAT 7 DRAKE WAY READING RG2 0GR
1 bed 1 bath Apartment
Immaculate one-bedroom flat with parking, long lease and easy commute to Reading.
979-year lease — effectively long lease security
Set on Kennet Island, this recently renovated one-bedroom apartment offers a low-maintenance urban home with allocated off-street parking and a boarded loft for extra storage. The open-plan living/kitchen is bright and practical with integrated appliances, while the bedroom benefits from built-in storage. The 979-year lease is unusually long and removes typical leasehold concerns for many buyers.
Practical running costs are clear: an average service charge of £1,400 and a small ground rent of £200 per year. Heating is mains gas to radiators and the building has double glazing; broadband speeds are reported as fast. The property’s condition is described as immaculate, so it is ready to move into or let with minimal immediate spend.
Transport links suit commuters: frequent buses to Reading station and easy access to the M4. Communal grounds are well maintained and the apartment sits in a contemporary purpose-built block from the 2003–06 period. These features will appeal to first-time buyers seeking convenience and investors looking for a straightforward rental proposition.
Be realistic about location-related issues: the area is classified as deprived and local crime levels are high. That may affect resale or lettings in some market conditions. Overall, this is a compact, well-presented urban apartment with long lease security and clear ongoing costs — a sensible choice for buyers prioritising convenience over countryside or premium neighbourhoods.
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