Initial price	£265,000
14/01/25	£260,000
Price Change	-1.89%

This second-floor apartment is located on the periphery of the popular Kennet Island development, which features a central piazza and communal grounds. The apartment itself boasts an open-plan living room with a well-defined kitchen area that opens onto a south-facing balcony, allowing natural light to flood in. The location is ideal for access to the town center, with a dedicated bus service and proximity to the mainline station, Green Park, and the M4 motorway. The property comes with allocated undercroft parking and on-street parking permits are available, although charges apply. The seller is not a qualified leaseholder under the building safety act, and the property has a remaining lease of 980 years. The annual service charge is £2,500 and ground rent is £450, with a review period every 15 years in line with RPI. The asking price represents a possible gross rental yield of 6.2% for a furnished let, with a current rental value of £1,450 per calendar month.