Riverside two-bedroom flat with parking, long lease and river views — ideal for first-time buyers or investors.
Two double bedrooms, open-plan living/dining/kitchen
Set on the first floor of a modern riverside development, this two double-bedroom apartment offers bright, open-plan living with a Juliet balcony overlooking the River Kennet. The 754 sq ft layout includes a generous living/dining/kitchen, a three-piece bathroom and allocated off-street parking — practical benefits for commuters and first-time buyers. Reading station and The Oracle are both about 0.7 miles away, making town-centre amenities and transport highly accessible.
The flat benefits from a recently installed smart electric heating system (2023) and an updated boiler within the past two years, plus double glazing and remote-access security features. The lease is long (975 years remaining) and annual ground rent is low at £100. These factors support mortgageability and longer-term ownership plans.
Notable costs and considerations are the service charge (approx. £1,582.29 for 2025; historically around £1,900) and the building’s higher local crime level, which prospective buyers should weigh when viewing. Heating is electric storage-based rather than gas, which may affect running costs. There is no dedicated bike storage on-site. Overall this property suits first-time buyers or investors seeking a well-located riverside flat with solid transport links and long lease length, provided they accept the service charge and local area considerations.