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About This Property

Discover what makes this home special

Property 183 at Christchurch Wharf is a stylish two-bedroom, two-bathroom apartment located in the sought-after Reading Riverworks development, RG1 8BU. Set on the first floor, this 929 sq.ft home offers a spacious, open-plan kitchen and living area that opens onto a balcony with a north-east aspect, allowing for pleasant morning sunlight and a serene outlook. The property includes a master bedroom with an en-suite, a second bedroom, a study area, and a modern family bathroom, making it ideal for professionals, couples, or small families looking for contemporary riverside living.

Situated within walking distance of Reading town centre, this apartment benefits from excellent transport links including proximity to Reading railway station, providing direct access to London Paddington in approximately 25 minutes. The local area boasts a variety of amenities including supermarkets, restaurants, parks, and reputable schools, making it a highly convenient and attractive location. The development itself is part of a vibrant regeneration project enhancing the riverside environment and community facilities.

Property Features

This apartment features a well-designed open-plan kitchen and living space that maximises natural light and functionality. The balcony offers an outdoor space with views over the river, perfect for morning coffee or relaxing evenings. The master bedroom benefits from an en-suite bathroom, providing privacy and convenience. Additional features include a dedicated study area, ideal for remote working, and modern fittings throughout. The secure entry system and double-glazed windows ensure comfort and safety.

BalconyEn-suite bathroomOpen-plan kitchenStudy areaModern bathroomRiverside development+2

Local Amenities

The property enjoys excellent local amenities with Reading Railway Station just 1.2 miles away, offering frequent services to London and other major cities. Residents have easy access to Reading town centre, which provides a broad range of shopping, dining, and cultural experiences, including The Oracle Shopping Centre and Reading Museum. Outdoor enthusiasts will appreciate the nearby Thames Riverwalk and Palmer Park for leisure and recreation. Families benefit from well-regarded schools such as St. Joseph's Catholic Primary and Christchurch Primary School, all within a short distance.

Reading Railway StationReading Town CentreThames RiverwalkPalmer ParkReading MuseumWaitrose+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£565,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£235/mo
Estimated Ground Rent£19/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£565,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£235/mo
Estimated Ground Rent£19/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
72/100
ChallengingModerateGoodExcellent
Excellent transport links to London
Strong local rental demand from professionals and students
Growing riverside development with regeneration plans
Limited outdoor private space (balcony only)

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£565,000
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£235/mo
Estimated Ground Rent£19/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 £3,625/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£642,370
+£77,370 projected gain
5-Year Rent Forecast
£4,305/mo
Based on 3.5% annual growth
Price per Sq Ft£608
Annual Rent Income£43,500
10-Year ROI308%
Break-Even Point12 yrs

Property Value Projection

Based on 2.6% annual growth
£642,370
5yr
£730,335
10yr
£830,346
15yr
£944,051
20yr
£1,073,328
25yr
Current: £565,000

Monthly Rental Income

Based on 3.5% annual growth
£4,305
5yr
£5,113
10yr
£6,073
15yr
£7,213
20yr
£8,567
25yr
Current: £3,625/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
North-East-Facing Moderate
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

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

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...

£565,000
AvailableNB0000026745
View Location Analytics

Property 183, Christchurch Wharf

Reading Riverworks, Reading RG1 8BU
Reading Riverworks
2
Bedrooms
2
Bathrooms
929
Est. Sq ft
apartment
Type
Available Plot Numbers
Unit 183
1 plot(s) available
Ownershipleasehold

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£565,000Property 183, Christchurch Wharf

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Property 183, Christchurch Wharf
Property 183, Christchurch WharfReading Riverworks£565,000

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