# 4 bedroom apartment for sale (RG6 1JB)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 8, PALMERSTONE PLACE, PALMERSTONE ROAD, READING, EARLEY, WOKINGHAM RG6 1JB |
| Price | £350,000 |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Construction age | England and Wales: 2003-2006 |
| Floor area | 128 m² |
| Last sold | £350,000 Apr 2022 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 24/10/2031
- **Current heating cost:** £364/year
- **Est. upgrade cost to C:** £75

### Recommendations
- E (£75)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/7391-5252-0922-1027-0093)

## Description

A modern and spacious four/five bedroom duplex apartment located within a popular residential location in Earley giving easy access to Reading town centre.

The unique property offers accommodation of approx. 1400 square ft which comprises a spacious living room with French doors opening to a Juliet balcony, a modern fitted kitchen and open plan dining room. There is a double bedroom and a modern shower room to the ground floor. On the first floor there are two large double bedrooms, two further bedrooms with one being used as an office and a three piece bathroom suite. 

Outside there is a communal garden area with bin storage and a bike area, whilst the flat also comes with two allocated parking spaces.

## Property Photos

- ![Picture No. 01](/listings/photos/82279650/1348089) - Picture No. 01
- ![Picture No. 02](/listings/photos/82279650/1348090) - Picture No. 02
- ![Picture No. 09](/listings/photos/82279650/1348091) - Picture No. 09
- ![Picture No. 10](/listings/photos/82279650/1348092) - Picture No. 10
- ![Picture No. 05](/listings/photos/82279650/1348093) - Picture No. 05
- ![Picture No. 03](/listings/photos/82279650/1348094) - Picture No. 03
- ![Picture No. 06](/listings/photos/82279650/1348095) - Picture No. 06
- ![Picture No. 07](/listings/photos/82279650/1348096) - Picture No. 07
- ![Picture No. 11](/listings/photos/82279650/1348097) - Picture No. 11

## Floorplans

- ![Floorplan](/listings/photos/82279650/1348098) - Floorplan

## EPC Graphs

- ![Epc](/listings/photos/82279650/1348099) - Epc

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| PALMERSTONE PLACE FLAT 8 PALMERSTONE ROAD, EARLEY, READING, WOKINGHAM, RG6 1JB | £350,000 | 04/04/2022 | Flat |
| PALMERSTONE PLACE FLAT 8 PALMERSTONE ROAD, EARLEY, READING, WOKINGHAM, RG6 1JB | £345,000 | 05/08/2019 | Flat |
| PALMERSTONE PLACE FLAT 8 PALMERSTONE ROAD, EARLEY, READING, WOKINGHAM, RG6 1JB | £285,000 | 25/04/2014 | Flat |
| PALMERSTONE PLACE FLAT 8 PALMERSTONE ROAD, EARLEY, READING, WOKINGHAM, RG6 1JB | £226,000 | 18/05/2012 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] PALMERSTONE PLACE FLAT 6 PALMERSTONE ROAD, EARLEY, READING, WOKINGHAM, RG6 1JB | £255,000 | 28/07/2022 | Other |
| [Same street] PALMERSTONE PLACE FLAT 3 PALMERSTONE ROAD, EARLEY, READING, WOKINGHAM, RG6 1JB | £265,000 | 23/03/2022 | Flat |

**Street average:** £260,000 (2 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £214,650 (10 Flat, RG6, 2024–2026)
- **Deviation:** +63.1%

## Rental Range

*ONS Price Index of Private Rents (Wokingham). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,334/mo
- **Realistic:** £1,482/mo
- **Optimistic:** £1,630/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 4 Bed Semi-Detached House, Byron Road, RG6 | £700/mo | 4 | 0.11 miles | OpenRent |
| 4 Bed Semi-Detached House, Regis Park Road, RG6 | £3,986/mo | 4 | 0.43 miles | OpenRent |

**Average rent: £2,343/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.67% (weak for cashflow)
- **Max investor price (0.8%):** £292,875
- **Target investor price (1%):** £234,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £2,343/mo).*

- **Gross yield:** 8%
- **Cost-to-rent:** 12.4×
- **Monthly cashflow:** £705/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,734/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 7.2%
- **10y growth:** -8%

## House Price Index (HM Land Registry)

*Official index for Wokingham; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -7.7%
- **5y growth (index):** 2.3%
- **10y growth (index):** 3.5%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)