No longer available

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No longer available

1/13

1 bed flat for sale Palmer Street, Reading, RG1

Guide price

£185,000

Added on 04/10/2026

No longer available For sale by auction

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £343 per sq ft
Tenure: Ask agent

Key features

FOR SALE BY ONLINE AUCTION
6 WEEKS’ COMPLETION
Modern apartment
Close to Reading train station
Upper floor
900+ year lease

About this property

Offering an appealing opportunity for investors and owner occupiers, this modern one bedroom apartment is situated on Palmer Street, Reading. The property presents an opportunity to acquire a contemporary apartment in a well connected town centre location, with potential appeal for those seeking a buy to let investment, first home or convenient base close to Reading's extensive amenities.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,742
Band B

£2,032
Band C

£2,322
Band D

£2,613
Band E

£3,193
Band F

£3,774
Band G

£4,355
Band H

£5,226

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Reading, 2026/27 bills run from £1,742 a year in band A to £5,226 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Reading, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Property timeline

Listed

October 2026 £185,000

1 bed · 1 bath · this listing

Past sales can't be shown: the agent hasn't given the flat number.

Price guide

This home

£343 / sq ft

Area average (sold)

£393 / sq ft

Price per area, sold homes nearby

£291 / sq ft

£343 / sq ft

£494 / sq ft

Lowest

This home

Highest

£343 per sq ft, below the middle of recent sales in RG1 (£291–£494, 10th–90th percentile, 1,016 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 1,016 homes sold in RG1 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in RG1 →

Location

Palmer Street, Reading, RG1

Open map Street View

Mortgage and stamp duty

Property price £185,000

£92k £278k

Deposit10% £19,000

£0 £185k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £166,000 mortgage. Most lenders would want a household income of about £37,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 21, 26, Palmer Street Flat / maisonette	Flat / maisonette	Feb 2025	721 sq ft £575/sq ft	721 sq ft	£575	£415,000
Flat 30, 26, Palmer Street Flat / maisonette · new build	Flat / maisonette · new build	Nov 2023	538 sq ft £588/sq ft	538 sq ft	£588	£316,220
Flat 36, 26, Palmer Street Flat / maisonette · new build	Flat / maisonette · new build	Nov 2023	678 sq ft £647/sq ft	678 sq ft	£647	£438,570
Flat 37, 26, Palmer Street Flat / maisonette · new build	Flat / maisonette · new build	Nov 2023	538 sq ft £597/sq ft	538 sq ft	£597	£321,070
Flat 34, 26, Palmer Street Flat / maisonette · new build	Flat / maisonette · new build	Nov 2023	517 sq ft £601/sq ft	517 sq ft	£601	£310,400
Flat 18, 26, Palmer Street Flat / maisonette · new build	Flat / maisonette · new build	Nov 2023	775 sq ft £631/sq ft	775 sq ft	£631	£488,900
Flat 28, 26, Palmer Street Flat / maisonette · new build	Flat / maisonette · new build	Nov 2023	721 sq ft £609/sq ft	721 sq ft	£609	£439,480
Flat 25, 26, Palmer Street Flat / maisonette · new build	Flat / maisonette · new build	Nov 2023	775 sq ft £631/sq ft	775 sq ft	£631	£488,950