2 bedroom apartment

This well presented third floor apartment is available as a turn-key investment with a fully referenced tenant in situ and would make an ideal investment purchase currently generating £18,000 rental income per annum (6 % gross yield). Built by Berkeley Homes and situated on the ever popular Kennet Island development, conveniently located close to junction 11 of the M4 and Green Park and offering excellent access in to Reading Town Centre with regular bus services and cycle routes. Kennet Island also benefits from the Piazza which provides a good range of facilites along with a private hospital and the Hilton Hotel. The property comprises; two double bedrooms, bathroom, en suite tobedroom one and an open-plan lounge/kitchen with integrated appliances. The property benefits from a balcony, lift access and gated allocated parking.

Location:
Reading is one of the south east's largest towns just over 20 minutes from London by train, with trains running every five minutes or so. Home to many of the city's commuters there are excellent road or rail links to Heathrow, Swindon, Oxford, Basingstoke and farther afield. Reading is nestled in the heart of Royal Berkshire with beautiful countryside never being far away. There are lovely riverside walks along the River Thames tow paths and the Kennet and Avon Canal and the Berkshire and Chiltern Downs are not far away. Reading offers a rich mix of shops and markets. In the heart of the town and located on the banks of the River Kennet is The Oracle shopping centre which combines chic boutiques along with high street favourites including, H & M, Victoria’s Secret, River Island and Reiss. Within a minute's walk there are many high-street favourites including John Lewis and Marks & Spencer. There are restaurants, cafes and brasseries to suit every taste in Reading. In the surrounding countryside you will also find an excellent range of farm shops and microbreweries selling an array of local produce.