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2 Bed Flat, Potential PLO/LOA, Reading, RG1 3GZ £415,000

Palmer Street, Reading, Berkshire, RG1 3GZ - a year ago
  1. Deal Search
  2. Reading
  3. RG1
  4. RG1 3GZ
Leasehold
Negative Equity
ROI: 2%
~71 m²

ValuationOvervalued

This may not be accurate, please check manually.

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Links

  • More Deals in Reading
  • More Deals in RG1
  • More Negative Equity Deals
  • More Negative Equity Deals in Reading
  • More Negative Equity Deals in RG1

Property History

Price changed to £415,000

October 26, 2025

Price changed to £425,000

July 26, 2025

Price changed to £440,000

February 8, 2025

Listed for £450,000

-5%

December 11, 2024

Sold for £474,400

2023

Floor Plans

Description

  • Two Bedrooms +
  • Third Floor Apartment +
  • Two Bathrooms +
  • Balcony Overlooking River Kennet +
  • Allocated Parking Space +
  • Lease 999 years from 1st July 2022 +

Offered to the market with either no onward chain or a tenant in situ paying £1,900 PCM. Ideally located within walking distance of the mainline train station and Reading town centre as well as the wide range of shops, restaurants, gyms and River Thames.

The property offers light and spacious accommodation comprising: entrance hallway, open-plan kitchen/lounge/diner, two bedrooms, two bathrooms.

The property also benefits from secure residents parking and a balcony overlooking the River Kennet. Viewing is recommended.

At the time of Instruction, we have been advised by the vendors of the following information:

Council Tax Band D (Reading Borough Council)

- Lease - 999 years from 1st July 2022
- Ground Rent - £250 p/a
- Service Charge - £3,673.64 p/a

The above information may be subject to change during the transaction period.

Agent Details

Parkers, Reading

0118 230 6420

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Cashflows

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