2 bed terraced house for sale

Palmer Street, Reading, Berkshire RG1

Property description
Built to a high standard by Berkeley Homes in 2024 is this well presented duplex property. Set in the heart of the town centre a short walk from the mainline train station, only 0.5 miles. The property features allocated parking, generous open plan living/kitchen/dining area, private patio, cloakroom, two double bedrooms, en suite and a separate bathroom. Offered to the market as a 30% shared ownership, full market value £430,000. Full value can also be purchased. Rent on 70% is £503.72pcm. EPC Rating B.
Local information

Central Reading is ideal for commuters and families, with fast non-stop services to London Paddington, easy access to M4 Junctions 11 & 12, and proximity to London Heathrow, just 30 miles away. The town blends historic charm with modern amenities, featuring the Town Hall, Abbey Ruins, and Forbury Gardens, alongside the newly developed Train Station and Oracle Shopping Centre, which offers a vibrant mix of bars, restaurants, and shops. Located between the River Thames and River Kennet, Reading boasts numerous leisure opportunities, including gyms, clubs, and sports teams. Its education options are excellent, with a renowned university, college, and top primary and secondary schools.
Accommodation

Private entrance door leading into an open plan fully fitted kitchen/living/dining room with doors leading onto the patio. Utility area and cloakroom/W.C.. Upstairs there is a principal bedroom with dressing area and en suite, second double bedroom and bathroom.
Outside space

Allocated parking for one car.
Private west facing patio.
Leasehold information

990 year lease commenced in January 2021
Full Market Value £430,000
Service charge - £335.69pcm
Rent on 70% £503.72pcm
Minimum household income £55,897
Additional information

Integrated sprinkler system.
Communal heating system.
Mains water.
Concierge service.
On-site nursery for families.
Council tax band D.
Conveyancing

We work with DT Conveyancing to help you buy your property with confidence. Your dedicated conveyancer will keep you informed at every stage from start to finish. Making your move a stress-free and straightforward as possible.
Mortgages

your home may be repossessed if you do not keep up repayments on your mortgage


Exclusive deals are made available to Embrace Financial Services by primis Mortgage Network, to which Embrace Financial Services are an Appointed Representative

Davis Tate Limited is an Introducer Appointed Representative of primis Mortgage Network, a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority for mortgages, protection insurance and general insurance products.

Embrace Financial Services Ltd. Is an Appointed Representative of primis Mortgage Network, a trading name of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority.

Lettings and management

We offer a complete range of services for Landlords, from fully managed lets to advertising only. Each Landlord who chooses full management has a personal Property Manager and all our fees are based on a ‘no let - no fee’ basis.
Disclaimer


These particulars are a general guide only. They do not form part of any contract. Services, systems and appliances have not been tested.
Buyers information


To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers. We use the services of a third party, Lifetime Legal, who will contact you directly at an agreed time to do this. They will need the full name, date of birth and current address of all buyers. There is a nominal charge of £78 including VAT for this (for the transaction not per person), payable direct to Lifetime Legal. Please note, we are unable to issue a memorandum of sale until the checks are complete.
Referral fees


We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying. We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider. The ancillary service provider may be an associated company of Davis Tate.

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