1 bed flat for sale

Palmer Street, Reading RG1

** If you would like to arrange a viewing for this property please click to register your interest. If you have an eligible Shared Ownership application with L&Q, you will be sent the sellers contact information to arrange a viewing**

Shared Ownership

Full Market Value: £280,000

Share Value (25%): £70,000

Monthly Rent: £581.55

Service Charge: £241.58

Annual Ground Rent n/a

Council Tax Band: C

990 year lease commenced January 2021 - 984 years remaining

EWS1 Available - EWS1 Certification is available for this property - (A1)

L&Q welcomes you to view this one bedroom, second floor apartment.

Welcome ito this well presented one bedroom second floor apartment. There is a large open-plan kitchen/living/dining space leading directly on to a private balcony which is great for relaxing or entertaining. The kitchen comprises contemporary grey units and white work-tops. There is also the benefit of intergrated appliances. The whole apartment is full of natural lght. There is a good size double bedroom with floor to ceiling windows. In addition there is a contemporary family bathroom which comprises a white three peice suite with shower over bath.

Palmer Street enjoys a prime central location in the heart of Reading, offering exceptional convenience for both commuters and urban lifestyle seekers. Just a short walk from Reading Station, this sought-after address provides fast rail connections to London Paddington (in as little as 25 minutes), as well as access to the Elizabeth Line and direct services to Heathrow.

Residents benefit from immediate proximity to the vibrant town centre, home to The Oracle shopping centre, a wide range of restaurants, bars, cafés and entertainment venues. For green space and relaxation, the riverside paths along the Kennet and Thames are easily accessible, as are nearby parks including Forbury Gardens.

Palmer Street is well connected by road, with easy access to the A33, M4, and local bus routes, making it ideal for both professionals and families looking for convenience without compromising on lifestyle.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £44,468. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of July 2026.

Local Area Information

Palmer Street enjoys a prime central location in the heart of Reading, offering exceptional convenience for both commuters and urban lifestyle seekers. Just a short walk from Reading Station, this sought-after address provides fast rail connections to London Paddington (in as little as 25 minutes), as well as access to the Elizabeth Line and direct services to Heathrow.

Residents benefit from immediate proximity to the vibrant town centre, home to The Oracle shopping centre, a wide range of restaurants, bars, cafés, and entertainment venues. For green space and relaxation, the riverside paths along the Kennet and Thames are easily accessible, as are nearby parks including Forbury Gardens.

Palmer Street is well connected by road, with easy access to the A33, M4, and local bus routes, making it ideal for both professionals and families looking for convenience without compromising on lifestyle.