About This Property

Discover what makes this home special

This stylish two-bedroom apartment at Reading Riverworks offers a modern urban lifestyle in the heart of Reading. Boasting an open-plan kitchen, dining, and living area that leads onto a private balcony, the property maximizes natural light and space. The well-proportioned bedrooms and a contemporary bathroom provide comfortable living for professionals, couples, or small families. Situated on the second floor, this home benefits from excellent transport links and proximity to the town centre, making it ideal for commuters and city dwellers alike.

With high-quality fittings and a thoughtfully designed layout, Property 48 is perfect for those seeking a blend of convenience and contemporary living. The location provides easy access to Reading Station, local shops, restaurants, and riverside walks, creating a vibrant yet relaxed environment. Whether as a first home or an investment, this apartment represents exceptional value within Reading's evolving riverside quarter.

Property Features

The apartment features a spacious open-plan kitchen and living area that opens onto a balcony, ideal for relaxing or entertaining. Both bedrooms include built-in wardrobes, offering ample storage solutions. The modern bathroom is fitted with quality fixtures, and the property benefits from secure entry and lift access. Located on the second floor, the flat enjoys privacy and good natural light, with a practical layout that optimizes space.

BalconyOpen-plan livingModern kitchenSecond floorBuilt-in wardrobesContemporary bathroom+2

Local Amenities

Reading Riverworks is perfectly positioned close to Reading Station, providing excellent rail connections to London and beyond. The nearby Oracle Shopping Centre offers a wide range of retail and dining options, while the scenic Thames Riverwalk and Forbury Gardens provide green spaces for leisure and exercise. The area is well served by reputable schools including Reading School and Kendrick School, making it attractive for families. Local cafes and cultural attractions add to the vibrant community atmosphere.

Reading StationThe Oracle Shopping CentreThames RiverwalkForbury GardensReading MuseumLocal cafes+1
Reading Station Train Station (0.7 miles, 4 mins drive) • 26 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£405,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£169/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£405,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£169/mo
Estimated Ground Rent£14/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Attractive Investment
75/100
ChallengingModerateGoodExcellent
Strong commuter links to London
Growing riverside regeneration area
Competitive pricing compared to London
Limited on-site parking

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£405,000
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£169/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 £2,599/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£460,460
+£55,460 projected gain
5-Year Rent Forecast
£3,087/mo
Based on 3.5% annual growth
Price per Sq Ft£609
Annual Rent Income£31,188
10-Year ROI308%
Break-Even Point12 yrs

Property Value Projection

Based on 2.6% annual growth
£460,460
5yr
£523,514
10yr
£595,203
15yr
£676,709
20yr
£769,377
25yr
Current: £405,000

Monthly Rental Income

Based on 3.5% annual growth
£3,087
5yr
£3,666
10yr
£4,354
15yr
£5,171
20yr
£6,142
25yr
Current: £2,599/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
26 mins
1h 15m
Heathrow Airport
40 mins
35 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Excellent
Afternoon Moderate
Evening Low
Kitchen/Dining
Morning Good
Afternoon Moderate
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
0.7 milesEst. 2025
Mixed-use+Positive Impact
Reading Riverside Regeneration
0.3 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£405,000
AvailableNB0000049128
View Location Analytics

Property 48, Vastern Way

Reading Riverworks, Reading RG1 8BU
Reading Riverworks
2
Bedrooms
1
Bathrooms
665
Est. Sq ft
apartment
Type
Ownershipleasehold

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£405,000Property 48, Vastern Way

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Property 48, Vastern Way
Property 48, Vastern WayReading Riverworks£405,000

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