Mr Bones,
What's your price range? I might spend ?70 on a feeder reel and consider that reasonable as it will be better quality than a ?20 reel, and therefore cost the same in the long run as it will outlast the cheap reel especially where the rigours of feeder fishing is concerned. The thing is you are spoilt for choice in every price bracket. I use Shimano nowadays, and therefore would recommend one and the size to look for is 4000 for that type of fishing. If you are doing close range work (upto 30 yards) and using lines up to 5lbs, and want something that can do floatfishing as well then the 2500 size is a more versatile choice.