No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£265,000
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2 bedroom apartment for sale

Cygnet House, Drake Way, Reading
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Apartment
2 bed
2 bath
EPC rating: B*
718 sq ft / 67 sq m

Key information

Tenure: Leasehold | 980 yrs left
Ground rent: £450 per annum | review period: unconfirmed
Service charge: £2,500 per annum
Council tax: Band C
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: Leasehold (980 years remaining)
  • South facing balcony
  • Secure allocated underground parking and communal cycle store; Lift within development
  • Modern Berkeley development
  • Circa 700 sqft
  • Large master bedroom with En suite shower room
  • Potential gross yield of 6.2%*
This well presented second floor apartment is ideally located on the periphery of the highly sought-after Kennet Island development which features a central piazza with well-kept communal grounds.
The open plan living room with a well-defined kitchen area opens on to a South facing Balcony which allows light to flood in to the apartment. Kennet Island itself is ideally situated for access to the town centre with a dedicated bus service providing easy access with mainline station and also Green Park with the planned station and the M4 motorway nearby.

Additional Information - Financial & Lease Info - Years remaining: 980
Service charge: £2,500 annual
Ground rent: £450 annual
Ground rent review period: Every 15 years, in line with RPI, next review 2030

Additional Information (Part B) - Property construction – Standard form

Services:
Water – mains
Drainage – mains
Electricity - mains
Heating - Electric

Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)

Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”

Parking - The property comes with allocated undercroft parking

On-street parking requires residents and visitors permits which are issued upon application by Reading Borough Council, charges apply, for an up to date list of charges please check reading.gov.uk "permit charges"

Rental Yield - We believe the current rental value for a furnished let would be £1,450 per calendar month which based on the asking price represents a possible gross rental yield of 6.2%

Property information from this agent

Places of interest

    Haslams Estate Agents is an independent, multi-award-winning agent located in the centre of Reading Town. With over a lifetimes experience, Haslams has been trusted to sell and let homes around the Thames Valley for over 185 years. Our team of industry professionals have extensive knowledge in the Reading property market and all live around the area, allowing for up-to-date, expert advice. Whether you are looking to buy, sell, rent or let your home, a member of our accomplished team is available to help with all your property needs. Want to know how much your property is worth? Call us to get a free market appraisal today.

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    *DISCLAIMER

    Property reference 32973406. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Haslams Estate Agents - Reading.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 20, 2021

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on December 22, 2021

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on March 26, 2015 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.