About This Property

Discover what makes this home special

This modern one-bedroom apartment at Property 136, Thames Reach, offers a stylish and compact living space in the heart of Reading Riverworks. Boasting a well-designed open-plan living and dining area with an integrated kitchen, it is ideal for young professionals or couples seeking a convenient urban lifestyle. The property benefits from a spacious bedroom with built-in wardrobe and a contemporary bathroom, all within a total internal area of approximately 513 sq.ft. Situated on the second floor, it enjoys a quiet position within the development, just a short walk from Reading town centre and its excellent transport links.

Residents of Thames Reach enjoy access to a vibrant riverside community, with easy access to shops, cafes, and green spaces. The proximity to Reading Station ensures swift connections to London and other major cities, making it a perfect base for commuters. The property’s location within a growing regeneration area adds potential for future capital growth, while the efficient layout and modern finishes make it a comfortable home or investment opportunity.

Property Features

This apartment features an open-plan living and dining area that maximises space and light, complemented by a well-equipped kitchen with modern appliances. The bedroom includes a built-in wardrobe for ample storage, while the bathroom is finished to a contemporary standard. Located on the second floor, the property benefits from secure entry and a quiet aspect within the development. Its riverside setting adds a tranquil element to urban living, with excellent transport links nearby.

Open-plan living/diningIntegrated kitchenBuilt-in wardrobeModern bathroomSecond floor locationSecure entry+2

Local Amenities

The property is excellently positioned close to Reading Station, providing frequent rail services to London and beyond. Forbury Gardens and the Thames Riverwalk offer scenic outdoor spaces for relaxation and recreation. The nearby Oracle Shopping Centre caters to retail and dining needs, while Reading Museum and local cultural venues enrich the community experience. Essential amenities such as supermarkets, cafes, and schools including Reading School and Kendrick School are within easy reach, making this location highly convenient for residents.

Reading StationForbury GardensOracle Shopping CentreThames RiverwalkReading MuseumLocal cafes+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£339,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£141/mo
Estimated Ground Rent£11/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£339,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£141/mo
Estimated Ground Rent£11/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
72/100
ChallengingModerateGoodExcellent
Strong commuter links to London
Growing regeneration area
Compact size may limit family use

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£339,000
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£141/mo
Estimated Ground Rent£11/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 £2,175/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£385,422
+£46,422 projected gain
5-Year Rent Forecast
£2,583/mo
Based on 3.5% annual growth
Price per Sq Ft£661
Annual Rent Income£26,100
10-Year ROI308%
Break-Even Point12 yrs

Property Value Projection

Based on 2.6% annual growth
£385,422
5yr
£438,201
10yr
£498,207
15yr
£566,431
20yr
£643,997
25yr
Current: £339,000

Monthly Rental Income

Based on 3.5% annual growth
£2,583
5yr
£3,068
10yr
£3,644
15yr
£4,328
20yr
£5,140
25yr
Current: £2,175/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
3h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living/Dining
Morning Moderate
Afternoon Low
Evening Low
Bedroom 1
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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£339,000
AvailableNB0000049127
View Location Analytics

Property 136, Thames Reach

Reading Riverworks, Reading RG1 8BU
Reading Riverworks
1
Bedrooms
1
Bathrooms
513
Est. Sq ft
apartment
Type
Ownershipleasehold

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£339,000Property 136, Thames Reach

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Property 136, Thames Reach
Property 136, Thames ReachReading Riverworks£339,000

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