Summary - THORNEY HOUSE FLAT 57 DRAKE WAY READING RG2 0GZ
1 bed 1 bath Apartment
Modern shared-ownership one-bed with parking, long lease and easy access to Reading centre.
Top-floor one-bedroom apartment with Juliet balcony
Allocated off-street parking space included
Sold via shared ownership; suitable for lower-deposit buyers
Lease extended to approx. 972 years on completion
Service charge approx. £142.16 pcm (£1,705.92 pa)
Located near Reading town centre and M4/J11 access
Area records higher crime and relative deprivation
Council tax band not confirmed; mobile signal average
Top-floor one-bedroom apartment in Kennet Island, offered chain-free and sold via shared ownership. The light, contemporary reception room opens to a Juliet balcony; a separate modern kitchen and bathroom complete practical living space across about 509 sq ft. An allocated off-street parking space is included, and broadband speeds in the area are fast.
The lease will be extended to approximately 972 years on completion, removing a common long-lease concern. Service charges are estimated at £142.16 pcm (approx. £1,705.92 pa) and may be reviewed annually. The property is leasehold and offered under shared ownership, which suits buyers seeking a lower deposit but involves ongoing service and rent obligations.
Location is a strong practical selling point: easy access to Reading town centre, regular buses, and quick links to J11 of the M4 and A33. Local amenities include leisure and fitness facilities nearby and several primary and secondary schools within reach. Flood risk is low and the building is modern (constructed 2007–2011).
Buyers should note the wider area records higher crime levels and relative deprivation, which could affect resale and rental demand. Mobile signal is average and council tax band is not confirmed. The flat is best suited to a first-time buyer or investor comfortable with shared ownership and service charges.
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