Palmer Street, Reading, Berkshire, RG1
Parkers Estate Agents logo

Palmer Street, Reading, Berkshire, RG1

By Parkers Estate Agents

£ 450,000

Reviews

3 out of 5 stars

Parkers Estate Agents says ..

Offered to the market with 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.

Property Oracle says ..

This two-bedroom, two-bathroom apartment in Reading’s Abbey area presents a modern and well-maintained living space. The property’s photos showcase a contemporary interior design, featuring a clean, open-plan kitchen/living area, a modern bathroom, and a stylish en-suite shower room. The apartment’s location is a key selling point. Its proximity to Reading train station and the town centre provides excellent access to transportation networks and a wide array of amenities, including shops, restaurants, and recreational facilities. The nearby River Thames adds to the appeal of the location. The property also benefits from proximity to several schools, though the Ofsted ratings are not fully detailed in the provided information. The property’s lack of private outdoor space is a potential drawback for some buyers, although communal green spaces seem to be available. While the given list price is not directly supported by detailed price-per-square-foot comparisons with identical properties, comparable properties are significantly cheaper. Overall, the apartment offers a convenient and stylish living space in a highly desirable central Reading location, although buyers should consider the apartment’s relatively high price compared to other nearby apartments.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
2
Bedrooms
2
Bathrooms
2
Sqft (est)
761.01

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
350,323.00 £
Decreased by 1.18 %
from 354,508.00 £
Est sale value
327,995.31 £
Increased by 20.73 %
from 271,680.57 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
761.01 £/mo
Unchanged by 0.00 %
from 761.01 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • Parkers Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
The Deenway Montessori SchoolOther Independent SchoolGood0.51 KM
Red Balloon Learner Centre ReadingOther Independent School0.53 KM
Kendrick SchoolAcademy Converter0.67 KM
The Abbey School ReadingOther Independent School0.88 KM
St John'S Church Of England Primary SchoolAcademy ConverterRequires improvement0.93 KM

Images

Picture No. 14 Picture No. 20 Picture No. 19 Picture No. 15 Picture No. 17 Picture No. 16 Picture No. 18 Picture No. 21 Picture No. 03 Picture No. 22

Nearby Streets

NameAverage PriceAverage SqftDistance
Blake's Wharf £ 280,00000.00 KM
Carraway Street £ 300,00000.00 KM
Joseph Huntley Walk £ 375,00000.00 KM
Oscar Wilde Memorial Walk £ 000.00 KM
Queens Road £ 287,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Reading3149RDG1.19 KM
Reading West3160RDW3.18 KM
Earley5694EAR5.09 KM
Tilehurst3154TLH7.75 KM
Winnersh Triangle5698WTI8.05 KM

Nearby Listings

AddressPriceTypeScoreDistance
26 Palmer Street, Reading, RG1 £ 495,000BUY7 / 100.00 KM
Palmer Street, Reading, Berkshire, RG1 £ 450,000BUY6 / 100.00 KM
Carraway Street, Discovery House South, Reading, Berkshire, RG1 £ 390,000BUY6 / 100.02 KM
Palmer Street, Reading, Berkshire, RG1 £ 348,000BUY6 / 100.05 KM
Huntley Wharf, Carraway St, RG1 £ 310,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
11 Patriot Place £ 108,0000.27 KM
44 Patriot Place £ 46,0000.27 KM
110 Queens Road £ 188,0000.32 KM
114 Queens Road £ 197,5000.32 KM
108 Queens Road £ 258,0000.32 KM