Offers over

£170,000

(£259/sq. ft)

Studio for sale
Heron House, Kennet Island RG2

    • 1 bath

    • 1 reception

    • 657 sq. ft

  • EPC Rating: C

Chain free
Leasehold
Reduced on 16/04/2026

About this property

  • Manhattan-Style Studio Apartment

  • Low Service Charge - approx £350 Per Year

  • Ground Rent approx. £550 Per Year

  • Council Tax Band: A

  • Long Term Lease: 980 Years Remaining approximately

  • Allocated Parking Space in Building Car Park

  • Ideal Investment Opportunity: Approx. 7.2% gross yield

  • No Chain

  • Benefit From All Heron House + Kennet Island Amenities

  • Low Risk, Stable Addition to any Portfolio

Priced to sell with a tenant in situ this Manhattan-style studio flat is an excellent investment opportunity ideally positioned in the popular Kennet Island development, offering strong rental demand and an attractive yield of approximately 7%.

The property features a bright and modern open-plan living space with a clearly defined sleeping area, creating a practical, low-maintenance layout that appeals strongly to professional tenants. The kitchen is well equipped with integrated appliances.

A long lease, low service charge and no chain makes it perfect for an investor to add a low-risk fair return property to their portfolio in these times. A current rental income of £1,050 per month within an area of ever-present strong tenant demand is something not to be passed up.

In compliance with UK Anti-Money Laundering legislation, we are required to carry out identity and aml checks on all buyers. A non-refundable fee of £25 per buyer applies which is payable on offer acceptance.

Mortgage calculator

Monthly repayment

£850 per month

Whole of market comparison

70+ lenders and 10,000+ products

How much could I borrow

In partnership with

mojo logo

The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Leasehold (980 years)

  • Service charge

    £350 per year

  • Council tax band

    A

  • Ground rent

    £550

  • Ground rent date of next review

Report this listing

Martin & Co Reading

Logo of Martin & Co Reading
Email agent