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    1. Home
    2. Reading properties to rent
    3. 2 bed house to rent in Palmer Street, Reading RG1
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    1 / 5

    Flat 32, 4, Palmer Street, Reading, RG1 3GY

    2-bedroom house · RG1 3GY

    689 sq ftEPC B2 baths
    Asking rent
    £2,000/mo

    To rent · Listed 22 days

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    Opportunity summary

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    About

    The property

    AP Living London proudly presents this spacious and modern two-bedroom apartment in Reading. The property is modern throughout, with stylish lighting and a bright, contemporary feel.

    It offers two generously sized bedrooms, with the main bedroom benefiting from its own ensuite bathroom.

    The apartment also features a private balcony, a spacious living area and a modern fitted kitchen.

    Situated within a well-maintained development, the property offers a comfortable and attractive living environment with excellent access to a wide range of local amenities.

    Residents can enjoy nearby shops, supermarkets, restaurants, cafes, bars and leisure facilities, while Reading town centre is also within easy reach.

    The property is well positioned for local transport links, making it convenient for commuters and those looking to explore the surrounding area.

    The apartment benefits from two spacious bedrooms, a modern ensuite, a private balcony, a bright living area and a modern fitted kitchen.

    The stylish lighting and contemporary finish throughout give the property a fresh and welcoming feel, making it an ideal home for professionals, couples or sharers looking for a modern apartment in a convenient Reading location.

    Key information

    Furnished state
    Furnished
    Deposit required
    £2,250
    Available From
    31 Oct 2026
    Floor area
    689 sq ft (64 sq m)
    Reception rooms
    1
    Council tax band
    Band D
    Estimated ~£1,800/year
    EPC rating
    B
    current
    Property age
    2022
    Local authority
    Reading
    Unitary Authority
    Sign up free to see flood risk and more→

    Value & comps

    How does the rent compare?

    No previous sales on record.

    Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

    Returns

    What does it return?

    Rent evidence
    Rental benchmark

    Nearby rental comparables

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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Model

    Run the numbers.

    Strategy: R2R · full calculator
    R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit
    Investment Disclaimer

    This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

    All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

    Deal

    Is it a deal?

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    Archie’s verdict
    PursueArchie has scored this property.
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    Article 4No HMO Article 4 held

    HMO Conversion Potential

    Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

    SchoolsLoading
    StationsLoading
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    Location
    More market detail▾
    RG1 · Live market data · house only
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    —
    No rent comps
    2-BED · THIS
    —
    No rent comps
    3-BED
    —
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    4-BED
    —
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    5+ BED
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    No rent comps

    RG1 2-bed rent distributionNo matching rent comps

    Not enough rental comparables to build a distribution yet.
    Rent trend · RG1
    Rental price history isn't available yet — coming soon.

    Market signals · RG1

    RG1 capital-side aggregates aren't available right now — only rental signals shown above.
    Rental data from active Rightmove / Zoopla lets + PAID rental model. Refreshed daily.Open full rental comparables →

    Agent & docs

    Move it forward

    Listing agent
    AP Living London logo
    AP Living London
    listed on zoopla
    02081663590
    99 Bishopsgate, London, EC2M 3XD
    View on zoopla

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    Planning & investor docs
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    FAQ

    Questions

    About Flat 32, 4, Palmer Street, Reading

    How much is Flat 32, 4, Palmer Street, Reading?
    The asking rent is £2,000 a month.
    What kind of property is Flat 32, 4, Palmer Street, Reading?
    A 2-bedroom house in RG1 3GY.

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