Property photos
Leasehold
£300,000
2 bed flat for sale
Hermitage, Chatham Street, Reading RG12 beds
2 baths
1 reception
Key Information
Tenure:
Leasehold (236 years)
Service charge:
£2,000 per year
Council tax band:
D
Ground rent:
£350
Ground rent date of next review:
Local area information
Property location
Nearby amenities
- Civitas Academy 0.2 miles
- Reading 0.3 miles
- E P Collier Primary School 0.4 miles
- Reading West 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Reading to find out more about the local area.
Features and description
- Leasehold
- Eighth floor apartment with townscape views
- Large open plan kitchen/diner
- Master with en-suite
- Undercroft parking space
- Walking distance of town amenities
- No onward chain
An impressive 2 bedroom apartment situated on 8th floor of this prime town centre development, ideally positioned within a short walk of the vibrant town centre and the mainline station.
One of the larger designs in the development at just under 800 sqft and with townscape views, this makes for an ideal investment or first time buy.
The property benefits from secure undercroft parking and the development has an onsite concierge. The property can be purchased with tenants in situ or with no chain. Reading town centre is a short walk with a plethora of retail shops and eateries. Reading mainline train station is also less than 5 minutes away which gives direct access to Paddington and wider London stations. Viewings highly recommended.
Additional Information - Financial & Lease Info
Years remaining: 236
Service charge: £2000 pa
Ground rent: £350 pa
Ground rent review period: Every 15 years, next review 01-04-2025 in line with rpi
Additional Information (Part B)
Property construction – Standard form
Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating
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”
Additional Information (Part C)
The property is located on the eighth floor and accessed via a lift.
Parking
There is an undercroft parking space available at the property.
Rental Yield
We believe the current rental value for a furnished let would be £1,500 per calendar month which based on the asking price represents a possible gross rental yield of 5.5%
One of the larger designs in the development at just under 800 sqft and with townscape views, this makes for an ideal investment or first time buy.
The property benefits from secure undercroft parking and the development has an onsite concierge. The property can be purchased with tenants in situ or with no chain. Reading town centre is a short walk with a plethora of retail shops and eateries. Reading mainline train station is also less than 5 minutes away which gives direct access to Paddington and wider London stations. Viewings highly recommended.
Additional Information - Financial & Lease Info
Years remaining: 236
Service charge: £2000 pa
Ground rent: £350 pa
Ground rent review period: Every 15 years, next review 01-04-2025 in line with rpi
Additional Information (Part B)
Property construction – Standard form
Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating
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”
Additional Information (Part C)
The property is located on the eighth floor and accessed via a lift.
Parking
There is an undercroft parking space available at the property.
Rental Yield
We believe the current rental value for a furnished let would be £1,500 per calendar month which based on the asking price represents a possible gross rental yield of 5.5%
There are some planning applications within 0.5 miles of this home
Assess how they might enhance or detract from this home’s value.
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
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Listed by
Haslams Estate Agents
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Property descriptions and related information displayed on this page are marketing materials provided by - Haslams Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Haslams Estate Agents for full details and further information.