Summary - Cygnet House, Drake Way, Reading RG2 0NX
2 bed 2 bath Apartment
Contemporary second-floor apartment with balcony and allocated parking.
Two double bedrooms with principal en suite and separate bathroom
Open-plan 19ft lounge/kitchen with balcony and good natural light
Allocated off-street parking and communal lift for convenience
Long lease (978 years) and offered chain free for straightforward purchase
Service charge ~£2,400pa and ground rent £499pa — budget accordingly
Main heating electric room heaters — potential higher running costs
Situated in Kennet Island with landscaped communal spaces and waterside feel
Area records higher crime and local deprivation — check local safety data
This modern two‑bedroom apartment in Kennet Island offers a bright open-plan living area and a private balcony overlooking landscaped green space. At about 736 sq ft the layout is efficient: a principal bedroom with en suite, a second double bedroom and a separate bathroom suit professionals, first-time buyers or buy‑to‑let investors seeking low‑maintenance living.
Practical amenities include lift access, allocated off‑street parking and near‑new, neutral finishes throughout. The long lease (978 years) and no onward chain simplify purchase; the apartment’s electric heating and room heaters mean no gas connection but may affect energy costs depending on tariff.
Costs to note: an annual service charge around £2,400 and ground rent of £499. The local area shows higher crime levels and pockets of deprivation, so buyers should consider local safety and community factors alongside the property’s conveniences.
Overall the flat represents a contemporary, ready‑to‑move option in a waterside‑style development with good broadband and transport links. It will particularly suit buyers wanting a compact, modern home or an investment unit with immediate rental potential, provided they accept the communal charges and electric heating specification.
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