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Picture No. 19
For saleReduced 8 Jun 2026
£400,000

Palmer Street, Reading, Berkshire, RG1 3GX

2bedrooms
2bathrooms
Terracedtype
Leaseholdtenure

Listed 7 Mar 2026 · price reduced 8 Jun 2026 · Reading

How the price compares

This home£400,000
Median 2 bed in RG1£265k76 homes listed · £372 per sq ft
Difference+51%above the area median

Key features

  • Sought After Huntley Wharf Development
  • 30% Shared Ownership
  • Allocated Parking
  • Duplex Home with Private Access
  • Concierge Service
  • Central Reading Location
  • EPC Rating B

About this home

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 £400,000. 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 Service charge - £335.69pcm

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 our appointed compliance provider, Simplify, 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 charge of £99 including VAT for this (for the transaction not per person), payable direct to Simplify.

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.

DRE260167/

Property details

Property type
Terraced
Council tax band
D
Tenure
Leasehold
Lease remaining
994 years left
Service charge
£4,028.28 per year
Parking
Yes
Garden
Yes

Floorplan

Picture No. 22

Location

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1 on this map

  • Reading Station0.5 mi
  • Reading West Station1.3 mi
  • Earley Station2.2 mi

What nearby homes sold for

Median sold prices in RG1 over the last 12 months: flat £227k · terraced £322k · semi-detached £430k · detached £585k.

AddressTypeSoldPrice
Flat 69, 4, Palmer Street
Reading RG1 3GY
Flat
Leasehold
3 Nov 2025£275,000
6 Palmer Street
Reading RG1 3GX
Flat
Leasehold
2 Oct 2025£450,000
Flat 21, 4, Palmer Street
Reading RG1 3GY
Flat
Leasehold
31 Mar 2025£358,000
Flat 55, 4, Palmer Street
Reading RG1 3GY
Flat
Leasehold
27 Mar 2025£280,000
Flat 21, 26, Palmer Street
Reading RG1 3GZ
Flat
Leasehold
3 Feb 2025£415,000
Flat 18, 4, Palmer Street
Reading RG1 3GY
Flat
Leasehold
27 Aug 2024£430,000
Flat 67, 4, Palmer Street
Reading RG1 3GY
Flat
Leasehold
12 Apr 2024£435,000
24 Palmer Street
Reading RG1 3GX
Flat, new build
Leasehold
20 Feb 2024£475,000
Flat 2, 26, Palmer Street
Reading RG1 3GZ
Flat, new build
Leasehold
16 Feb 2024£383,150

Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in RG1

Buying costs

Monthly repayment£2,001£40,000 deposit · £360,000 loan
Stamp Duty£10,000England rates

Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.

Listed by Davis Tate, Reading on Rightmove (original listing). First listed 7 Mar 2026; details checked 7 Nov 2026. Latest change: reduced on 08/06/2026.

Agent disclaimer

Disclaimer - Property reference DRE260167. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Davis Tate, Reading. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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