2 bed Flat For Sale £325,000
Hermitage, Chatham Street, Reading

HASLAMS: 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

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%