About This Property

Discover what makes this home special

This modern two-bedroom, two-bathroom apartment is located in the sought-after Bankside Gardens development in Reading, RG2 6BU. Positioned on the third floor, the property offers a spacious open-plan living and dining area that opens onto a generous balcony facing east, perfect for morning sunlight and peaceful outdoor relaxation. The master bedroom benefits from an en-suite bathroom, while a separate shower room serves the second bedroom and guests. The apartment's well-designed layout maximizes space and natural light, making it an ideal home for professionals, couples, or small families.

Situated just over a mile from Reading town centre, the property enjoys excellent transport links including proximity to Reading railway station, which offers direct services to London Paddington in approximately 25 minutes. Local amenities such as supermarkets, schools, parks, and eateries are within easy reach, enhancing the convenience and lifestyle appeal of this residence. With ongoing regeneration projects in the Green Park area and Reading's strong economic growth, this apartment presents a compelling investment opportunity.

Property Features

The apartment boasts a bright open-plan living and dining space that flows onto a private balcony with east-facing views, ideal for morning sun. The master bedroom includes a stylish en-suite bathroom, while a second shower room provides additional convenience. A modern kitchen with integrated appliances and a utility cupboard adds practicality. Located on the third floor, the property benefits from secure entry and well-maintained communal areas, combining comfort with contemporary living.

BalconyEn-suite BathroomOpen-plan Living/DiningModern KitchenUtility CupboardThird Floor Apartment+1

Local Amenities

The property is well-served by local amenities, including Reading railway station just 1.3 miles away, providing excellent connectivity to London and other major cities. Green Park Business Park nearby offers employment opportunities and additional retail options. Families will appreciate the proximity to reputable schools such as Reading West Primary and Theale Primary. For leisure, Palmer Park offers green open spaces for outdoor activities, while local supermarkets and eateries cater to everyday needs, making this location both convenient and desirable.

Reading StationGreen Park Business ParkPalmer ParkReading West Primary SchoolTheale Primary SchoolSainsbury's Local+2
Reading Station Train Station (1.4 miles, 6 mins drive) • N/A (property within Reading) to Reading

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£465,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£194/mo
Estimated Ground Rent£16/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£465,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£194/mo
Estimated Ground Rent£16/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
72/100
ChallengingModerateGoodExcellent
Strong transport links to London
Growing local economy
Moderate rental yield
Limited outdoor space for families

International Buyer Calculator

35%
20
5.5%
Monthly Payment-
International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£465,000
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£194/mo
Estimated Ground Rent£16/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 £2,984/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£528,676
+£63,676 projected gain
5-Year Rent Forecast
£3,544/mo
Based on 3.5% annual growth
Price per Sq Ft£612
Annual Rent Income£35,808
10-Year ROI308%
Break-Even Point12 yrs

Property Value Projection

Based on 2.6% annual growth
£528,676
5yr
£601,072
10yr
£683,382
15yr
£776,963
20yr
£883,358
25yr
Current: £465,000

Monthly Rental Income

Based on 3.5% annual growth
£3,544
5yr
£4,209
10yr
£4,999
15yr
£5,938
20yr
£7,052
25yr
Current: £2,984/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
50 mins
Heathrow Airport
45 mins
35 mins

Sun Path & Natural LightAI generated - Estimated

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

Room-by-Room Light Analysis

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

Location Scores

68
Walk Score
Somewhat Walkable
55
Transit Score
Good Transit
62
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Transport+Positive Impact
Green Park Station Upgrade
0.8 milesEst. 2025
Mixed-use+Positive Impact
Reading Riverside Regeneration
1.5 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£465,000
AvailableNB0000026537
View Location Analytics

Property 2.3.5, No. 2

Bankside Gardens, Reading RG2 6BU
Bankside Gardens
2
Bedrooms
2
Bathrooms
760
Est. Sq ft
apartment
Type
Available Plot Numbers
Unit 2.3.5
1 plot(s) available
Ownershipleasehold

Request Information

£465,000Property 2.3.5, No. 2

Enquire About This Property

Property 2.3.5, No. 2
Property 2.3.5, No. 2Bankside Gardens£465,000

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