About This Property

Discover what makes this home special

Property 113 at Albury Cross within the Reading Riverworks development is a modern two-bedroom apartment, perfectly suited for professionals, couples, or small families seeking contemporary urban living. This first-floor apartment offers a well-proportioned internal area of approximately 754 sq.ft, featuring an open-plan kitchen and living area that maximizes space and natural light. The master bedroom benefits from an en-suite bathroom, while a second bedroom and a main bathroom provide ample accommodation. The layout is designed for comfortable living with thoughtful storage solutions including built-in wardrobes.

Property Features

This apartment boasts a modern open-plan kitchen and living space, ideal for entertaining and everyday living. The inclusion of an en-suite bathroom in the master bedroom adds privacy and convenience, while the second bathroom serves guests and the second bedroom efficiently. Built-in wardrobes provide excellent storage, and the secure entry system ensures peace of mind. The private balcony, highlighted in the site plan, offers outdoor space with views facing north-east, ideal for morning sunlight.

Two bedroomsTwo bathroomsOpen-plan kitchen/diningEn-suite bathroomBuilt-in wardrobesFirst-floor apartment+2

Local Amenities

Located in the vibrant Reading Riverworks area, this property benefits from excellent transport links with Reading Station and Reading West Station nearby, providing fast rail connections to London and surrounding areas. The Oracle Shopping Centre and Reading Central Library offer diverse shopping and cultural experiences within walking distance. For outdoor leisure, Forbury Gardens and Thames Valley Park provide green spaces and recreational facilities. Educational needs are well catered for with reputable schools such as Reading College and St Joseph's College in close proximity, making this an ideal location for families and professionals alike.

Reading StationReading West StationThames Valley ParkForbury GardensReading Central LibraryThe Oracle Shopping Centre+2
Reading Station Train Station (0.6 miles, 3 mins drive) • 25 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£425,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£177/mo
Estimated Ground Rent£14/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£425,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£177/mo
Estimated Ground Rent£14/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Strong Opportunity
75/100
ChallengingModerateGoodExcellent
Excellent transport links to London and Heathrow
High demand rental market in Reading
Proximity to business parks and universities

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
Specialist international mortgagesSpeak to a broker experienced with non-UK resident buyers
Get Advice
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£425,000
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£177/mo
Estimated Ground Rent£14/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
7.7%
Based on £2,727/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£483,199
+£58,199 projected gain
5-Year Rent Forecast
£3,239/mo
Based on 3.5% annual growth
Price per Sq Ft£564
Annual Rent Income£32,724
10-Year ROI308%
Break-Even Point12 yrs

Property Value Projection

Based on 2.6% annual growth
£483,199
5yr
£549,367
10yr
£624,596
15yr
£710,127
20yr
£807,371
25yr
Current: £425,000

Monthly Rental Income

Based on 3.5% annual growth
£3,239
5yr
£3,847
10yr
£4,569
15yr
£5,426
20yr
£6,445
25yr
Current: £2,727/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplan

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Commute Time Planner

London Paddington
25 mins
1h 10m
Heathrow Airport
40 mins
30 mins

Sun Path & Natural LightAI generated - Estimated

NESW
North-East-Facing Moderate
4h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Moderate
Afternoon Low
Evening Low
Kitchen/Dining
Morning Moderate
Afternoon Low
Evening Low
Bedroom 1
Morning Moderate
Afternoon Low
Evening Low
Bedroom 2
Morning Moderate
Afternoon Low
Evening Low

Location Scores

85
Walk Score
Very Walkable
78
Transit Score
Excellent Transit
70
Bike Score
Very Bikeable
View Location Details

Future Developments Nearby

Transport+Positive Impact
Reading Station Upgrade
0.6 milesEst. 2025
Residential/Commercial+Positive Impact
Thames Reach Riverside Development Phase 2
0.1 milesEst. 2026
* Information based on local planning applications and may be subject to change

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£425,000
AvailableNB0000049129
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Property 113, Albury Cross

Reading Riverworks, Reading RG1 8BU
Reading Riverworks
2
Bedrooms
2
Bathrooms
754
Est. Sq ft
apartment
Type
Ownershipleasehold

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£425,000Property 113, Albury Cross

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Property 113, Albury Cross
Property 113, Albury CrossReading Riverworks£425,000

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