Free Preview Used

You've used your free preview. Sign up to continue exploring properties!

About This Property

Discover what makes this home special

This stylish two-bedroom, two-bathroom apartment is located in the sought-after Huntley Wharf development in Reading RG1. Offering a spacious open-plan kitchen, living, and dining area, the property perfectly balances modern living with comfort. The master bedroom benefits from an en-suite bathroom, while the second bedroom is served by a separate bathroom, making it ideal for families or professionals sharing. Situated on the first floor, the apartment enjoys ample natural light and a well-considered layout that maximizes space and functionality.

The location is highly convenient, with Reading Station just under a mile away, providing excellent connectivity to London and Heathrow Airport. Residents will appreciate the proximity to a range of local amenities including shops, parks, and schools, all within easy walking distance. The area is undergoing positive regeneration, promising strong future growth potential and making this an attractive investment or home choice.

Property Features

This apartment offers a contemporary open-plan living space combining kitchen, dining, and lounge areas, perfect for entertaining or relaxing. The master bedroom includes a private en-suite, while the second bedroom is well-sized and served by a separate bathroom. Built-in wardrobes provide excellent storage solutions. The property benefits from a well-thought-out layout and quality finishes throughout, appealing to modern lifestyle needs.

Open-plan livingEn-suite bathroomTwo bedroomsTwo bathroomsFirst floor apartmentBuilt-in wardrobes+2

Local Amenities

The property is ideally located close to key transport hubs including Reading Station and Reading West Station, offering fast, frequent connections to London and beyond. Educational facilities nearby include Reading School and Kendrick School, both highly regarded. Residents can enjoy green spaces such as Forbury Gardens and Prospect Park for leisure and recreation. The local area is vibrant with shopping options including Broad Street Mall, alongside a variety of restaurants and cafes, providing a well-rounded community environment.

Reading StationReading West StationReading SchoolKendrick SchoolReading CollegeForbury Gardens+5
Reading Station Train Station (0.8 miles, 5 mins drive) • N/A (property is in Reading) to Reading

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£440,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£183/mo
Estimated Ground Rent£15/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£440,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£183/mo
Estimated Ground Rent£15/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Attractive Investment
75/100
ChallengingModerateGoodExcellent
Strong transport links to London and Heathrow
Good local schools and amenities
Ongoing area regeneration
Moderate rental yield

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£440,000
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£183/mo
Estimated Ground Rent£15/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 £2,823/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£500,253
+£60,253 projected gain
5-Year Rent Forecast
£3,353/mo
Based on 3.5% annual growth
Price per Sq Ft£577
Annual Rent Income£33,876
10-Year ROI308%
Break-Even Point12 yrs

Property Value Projection

Based on 2.6% annual growth
£500,253
5yr
£568,756
10yr
£646,641
15yr
£735,191
20yr
£835,866
25yr
Current: £440,000

Monthly Rental Income

Based on 3.5% annual growth
£3,353
5yr
£3,982
10yr
£4,730
15yr
£5,617
20yr
£6,671
25yr
Current: £2,823/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
40 mins
30 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/Kitchen/Dining
Morning Excellent
Afternoon Good
Evening Moderate
Bedroom 1
Morning Good
Afternoon Moderate
Evening Low
Bedroom 2
Morning Moderate
Afternoon Good
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

Mixed-use Commercial & Residential+Positive Impact
Reading Station Area Regeneration
0.5 milesEst. 2025
Residential Development+Positive Impact
Huntley Wharf Expansion
0.1 milesEst. 2024
* Information based on local planning applications and may be subject to change

Loading location insights...

£440,000
AvailableNB0000026663
View Location Analytics

Property 798, Discovery House South

Huntley Wharf, Reading RG1 3ES
Huntley Wharf
2
Bedrooms
2
Bathrooms
763
Est. Sq ft
apartment
Type
Available Plot Numbers
Unit 798
1 plot(s) available
Ownershipleasehold

Request Information

£440,000Property 798, Discovery House South

Enquire About This Property

Property 798, Discovery House South
Property 798, Discovery House SouthHuntley Wharf£440,000

Property Assistant

Ask me anything