About This Property

Discover what makes this home special

This modern two-bedroom apartment at Thames Reach, Reading Riverworks, offers a stylish and comfortable living space ideal for professionals, couples, or small families. Boasting a spacious open-plan kitchen and living area that opens onto a generous terrace, the property benefits from excellent natural light and a south-west facing aspect, perfect for enjoying afternoon and evening sun. The master bedroom includes a private en-suite, while a second bathroom serves the additional bedroom and guests, ensuring convenience and privacy.

Located in the vibrant Reading Riverworks development, this apartment combines contemporary design with practical living. The well-proportioned rooms and thoughtful layout maximize space and functionality. With a total internal area of approximately 765 sq.ft, the property offers ample room for comfortable living, complemented by high-quality fixtures and fittings throughout.

Property Features

The apartment’s south-west facing terrace provides a pleasant outdoor space ideal for relaxation or entertaining. The open-plan kitchen and living room create a bright and airy environment, enhanced by large windows that flood the space with natural light. Both bedrooms feature built-in wardrobes, offering practical storage solutions. Modern fixtures and fittings throughout ensure a high standard of finish, while double glazing and secure entry contribute to comfort and safety.

South-West facing terraceEn-suite bathroomOpen-plan kitchen and living areaBuilt-in wardrobesSecure entry systemModern fixtures+1

Local Amenities

Situated close to Reading town centre, the property benefits from excellent transport links including Reading Station, offering direct trains to London Paddington within 25 minutes. Nearby Reading University and Thames Valley Park provide educational and employment hubs, making this location ideal for professionals and students alike. The Oracle Shopping Centre and Forbury Gardens offer a variety of retail, dining, and leisure options within easy reach. Additionally, local healthcare facilities and numerous cafes and restaurants enhance the convenience and lifestyle appeal of the area.

Reading StationReading UniversityThames Valley ParkOracle Shopping CentreForbury GardensLocal cafes and restaurants+1
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£515,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£215/mo
Estimated Ground Rent£17/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£515,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£215/mo
Estimated Ground Rent£17/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Attractive Investment
78/100
ChallengingModerateGoodExcellent
Proximity to Reading Station with fast London links
Strong rental demand from university and business park
Limited outdoor space (terrace only, no garden)

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£515,000
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£215/mo
Estimated Ground Rent£17/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 £3,305/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£585,523
+£70,523 projected gain
5-Year Rent Forecast
£3,925/mo
Based on 3.5% annual growth
Price per Sq Ft£673
Annual Rent Income£39,660
10-Year ROI308%
Break-Even Point12 yrs

Property Value Projection

Based on 2.6% annual growth
£585,523
5yr
£665,703
10yr
£756,864
15yr
£860,507
20yr
£978,343
25yr
Current: £515,000

Monthly Rental Income

Based on 3.5% annual growth
£3,925
5yr
£4,662
10yr
£5,537
15yr
£6,576
20yr
£7,811
25yr
Current: £3,305/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
South-West-Facing Excellent
8h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Moderate
Afternoon Excellent
Evening Good
Kitchen/Dining
Morning Good
Afternoon Good
Evening Low
Bedroom 1
Morning Moderate
Afternoon Good
Evening Low
Bedroom 2
Morning Low
Afternoon Moderate
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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£515,000
AvailableNB0000049130
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Property 122, Thames Reach

Reading Riverworks, Reading RG1 8BU
Reading Riverworks
2
Bedrooms
2
Bathrooms
765
Est. Sq ft
apartment
Type
Ownershipleasehold

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£515,000Property 122, Thames Reach

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Property 122, Thames Reach
Property 122, Thames ReachReading Riverworks£515,000

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