£270,000
1 bed flat for salePalmer Street, Reading RG1
1 bed
1 bath
1 reception
EPC Rating: B
- Shared ownership
- Chain free
- Leasehold
The Agency UK
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About this property
Prime Reading town centre location
Short walk to Reading Station & Elizabeth Line
Modern development with concierge service
No onward chain
Open-plan kitchen/living/dining space
Private balcony
Allocated undercroft parking space
Communal heating & integrated sprinkler system
Long lease with EWS1 A1 certification
Ideal for first-time buyers or investors
A Newly Buily One-Bedroom Apartment in the Heart of Reading With No Onward Chain – Presented by Harry Hook
Positioned within a modern and well-maintained development, this stylish one-bedroom apartment offers contemporary living in a prime central Reading location. With high-quality finishes, excellent on-site amenities, and outstanding transport links, the property is perfectly suited to professionals, first-time buyers, or investors seeking a strong, low-maintenance opportunity.
Location
Palmer Street enjoys a superb town centre setting, placing residents just moments from everything Reading has to offer. Reading Station is within a short walk, providing fast and frequent services to London Paddington in as little as 25 minutes, alongside Elizabeth Line connections and direct routes to Heathrow.
The vibrant town centre is right on your doorstep, with The Oracle shopping centre offering a wide variety of shops, restaurants, cafés, bars, and entertainment venues. For those seeking green space, the riverside walks along the Kennet and Thames are easily accessible, as are Forbury Gardens and other nearby parks, providing a welcome balance to city living.
Road connections are equally convenient, with easy access to the A33, M4, and well-served local bus routes, making this an ideal base for commuters and those who value connectivity.
The Property
Accessed via a well-kept communal entrance, this well-presented apartment is located on an upper floor and benefits from a modern development environment, including communal heating and an integrated sprinkler system for added safety and efficiency.
At the heart of the home is a generous open-plan kitchen, living, and dining space, finished with Karndean flooring throughout the living areas and hallway. The space is light, neutral, and thoughtfully designed, with direct access onto a private rear-facing balcony, ideal for relaxing or entertaining.
The double bedroom is well-proportioned and finished in neutral décor with fitted carpets, while the contemporary bathroom is sleek and well-appointed. Additional benefits include an allocated parking space, a long lease of approximately 987 years remaining, and EWS1 certification (A1), providing reassurance for buyers and lenders alike.
Residents of the wider development also benefit from a concierge service operating from 7am to 7pm, adding a further layer of convenience and security.
Additional Information
Service Charge: Approx. £300 per month
Ground Rent: Approx. £150 per annum
Waiting for exact figures to be confirmed, my client had shared ownership so was paying less than the above.
Council Tax Band: C
Lease: 990 years from January 2021
NHBC Structural Warranty valid until 2032
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More information
Tenure
Leasehold (986 years)
Service charge
£2,586 per year
Council tax band
C
Ground rent
£200
Ground rent date of next review