- Chain-free sale with approximately 980 years remaining on the lease
- Open-plan living room with balcony and principal en suite
- Allocated off-street parking and communal residents’ cycle store
- Fast FTTP broadband and lift access to first-floor flat
- Service charge approx. £2,450 pa; ground rent £450 pa (next review 2036)
- Electric room heaters only — likely higher heating costs
- Higher local crime rate and area deprivation may affect returns
- Well-kept communal grounds, riverside walks and good transport links
A well-presented two-bedroom apartment on the edge of Kennet Island, offered chain-free with a long lease of approximately 980 years. The apartment sits on the first floor with lift access and benefits from an open-plan living room, balcony and a principal bedroom with en suite. Allocated off-street parking, a communal cycle store and fast FTTP broadband add practical appeal.
This property will suit investors or owner-occupiers seeking low-entry management and good rental potential close to Reading town centre and major transport links (bus service, Green Park and M4 nearby). The communal grounds, piazza and riverside walks provide attractive shared amenity that supports longer-term demand.
Buyers should note the material running costs: an annual service charge of about £2,450 and ground rent of £450 (next ground rent review 2036). Heating is electric via room heaters which may raise energy bills compared with gas-heated flats. The location sits in an area with higher crime levels and wider area deprivation indicators, which may affect rental income and resale comparatives.
Overall this apartment combines a practical modern layout, long lease and on-site parking with good connectivity, but factor in service charges, electric heating costs and local area statistics when assessing value and investment return.
