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About This Property

Discover what makes this home special

This stylish one-bedroom apartment at Reading Riverworks on Vastern Way offers a modern urban lifestyle in the heart of Reading. Boasting a well-designed open-plan living and dining area with an integrated kitchen, the property provides an ideal space for both relaxing and entertaining. The bedroom is spacious with built-in wardrobes, complemented by a contemporary bathroom featuring a bath and separate WC. Located on the third floor, the apartment benefits from natural light and a quiet position within the development.

Situated just half a mile from Reading Station, this apartment is perfect for commuters seeking quick access to London and Heathrow Airport. The vibrant riverside location offers excellent amenities including shops, restaurants, and parks within walking distance. With ongoing regeneration projects in the area, this property presents a strong investment opportunity in a thriving and well-connected part of Reading.

Property Features

The apartment features a contemporary open-plan living and dining space that maximises the available square footage. The integrated kitchen is equipped with modern appliances and ample storage. The bedroom includes a built-in wardrobe, enhancing storage options. The bathroom is fully fitted with a bath, sink, and WC, designed with modern finishes. Positioned on the third floor, the property enjoys a peaceful setting with good natural light.

Open-plan livingIntegrated kitchenBuilt-in wardrobesModern bathroomThird floorClose to Reading Station+1

Local Amenities

The property benefits from proximity to Reading Station, providing excellent rail links to London and beyond. Nearby Forbury Gardens and the Thames Riverwalk offer green spaces for recreation. The Oracle Shopping Centre provides a wide range of retail and dining options. Additional amenities include local supermarkets, cafes, and cultural attractions such as Reading Museum, making this location highly convenient for residents.

Reading StationForbury GardensThe Oracle Shopping CentreThames RiverwalkReading MuseumLocal supermarkets+2
Reading Station Train Station (0.5 miles, 3 mins drive) • N/A (property is in Reading) to Reading

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£302,500
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£126/mo
Estimated Ground Rent£10/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£302,500
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£126/mo
Estimated Ground Rent£10/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
72/100
ChallengingModerateGoodExcellent
Strong commuter links to London
Growing regeneration projects nearby
Limited outdoor space

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£302,500
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£126/mo
Estimated Ground Rent£10/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 £1,941/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£343,924
+£41,424 projected gain
5-Year Rent Forecast
£2,305/mo
Based on 3.5% annual growth
Price per Sq Ft£555
Annual Rent Income£23,292
10-Year ROI308%
Break-Even Point12 yrs

Property Value Projection

Based on 2.6% annual growth
£343,924
5yr
£391,020
10yr
£444,566
15yr
£505,443
20yr
£574,658
25yr
Current: £302,500

Monthly Rental Income

Based on 3.5% annual growth
£2,305
5yr
£2,738
10yr
£3,252
15yr
£3,862
20yr
£4,587
25yr
Current: £1,941/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
25 mins

Sun Path & Natural LightAI generated - Estimated

NESW
North-East-Facing Moderate
4h
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 Good
Afternoon Moderate
Evening Low
Kitchen
Morning Moderate
Afternoon Low
Evening Low

Location Scores

85
Walk Score
Very Walkable
75
Transit Score
Excellent Transit
70
Bike Score
Very Bikeable
View Location Details

Future Developments Nearby

Mixed-use Commercial and Residential+Positive Impact
Reading Station Area Regeneration
0.6 milesEst. 2025
Residential+Positive Impact
Vastern Road Riverside Development
0.2 milesEst. 2024
* Information based on local planning applications and may be subject to change

Loading location insights...

£302,500
AvailableNB0000026741
View Location Analytics

Property 61, Vastern Way

Reading Riverworks, Reading RG1 8BU
Reading Riverworks
1
Bedrooms
1
Bathrooms
545
Est. Sq ft
apartment
Type
Available Plot Numbers
Unit 61
1 plot(s) available
Ownershipleasehold

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£302,500Property 61, Vastern Way

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Property 61, Vastern Way
Property 61, Vastern WayReading Riverworks£302,500

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