About This Property

Discover what makes this home special

The Tay is a stylish mid-terrace one-bedroom property located in the vibrant town of Reading, Berkshire. Priced at £287,500, this home offers a well-designed layout with a spacious open-plan living, dining, and kitchen area that opens onto a balcony, perfect for enjoying outdoor space and natural light. The property benefits from a modern bathroom and a convenient store room, making it ideal for singles or couples seeking a comfortable urban lifestyle.

Situated in the sought-after RG1 8AR postcode, The Tay offers excellent connectivity with Reading Station just a short walk away, providing fast links to London and other major cities. The local area boasts a range of amenities including schools, supermarkets, and parks, ensuring all daily needs are within easy reach. The property's south-east facing aspect ensures good natural light throughout the day, enhancing the living experience.

This property represents a great opportunity for first-time buyers, professionals, or investors looking for a modern home in a thriving location with strong rental demand and future growth potential.

Property Features

This mid-terrace home features an open-plan living and dining area with a modern kitchen, complemented by a private balcony that brings in natural light. The inclusion of a store room adds valuable storage space, while the well-appointed bathroom offers contemporary fittings. The single bedroom is spacious and bright, designed for comfort and practicality. Its location within a new development means the property benefits from modern construction standards and energy efficiency.

Open-plan livingBalconyStore roomModern bathroomOne bedroomClose to transport links

Local Amenities

The Tay is ideally located close to key amenities such as Reading Station and Reading West Station, facilitating easy commutes. Educational institutions like Kendrick School and Reading College are nearby, making it suitable for families and students. Shopping needs are well catered for with Asda Superstore and Broad Street Mall within easy reach. For leisure, residents can enjoy green spaces such as Forbury Gardens and Palmer Park, providing excellent outdoor recreational opportunities.

Reading StationReading West StationReading CollegeKendrick SchoolAsda SuperstoreForbury Gardens+2
Reading Station Train Station (0.6 miles, 4 mins drive) • 25 mins to London

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£287,500
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/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£287,500
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
73/100
ChallengingModerateGoodExcellent
Strong rental demand in Reading
Excellent rail connectivity to London
Growing local economy and regeneration projects
Limited outdoor space for larger 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£287,500
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£0/mo
Estimated Ground Rent£0/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 £1,845/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£326,870
+£39,370 projected gain
5-Year Rent Forecast
£2,191/mo
Based on 3.5% annual growth
Price per Sq Ft£599
Annual Rent Income£22,140
10-Year ROI308%
Break-Even Point10 yrs

Property Value Projection

Based on 2.6% annual growth
£326,870
5yr
£371,631
10yr
£422,521
15yr
£480,380
20yr
£546,162
25yr
Current: £287,500

Monthly Rental Income

Based on 3.5% annual growth
£2,191
5yr
£2,603
10yr
£3,091
15yr
£3,671
20yr
£4,360
25yr
Current: £1,845/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
1h 10m
Heathrow Airport
40 mins
35 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
7h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

Living
Morning Excellent
Afternoon Good
Evening Moderate
Kitchen
Morning Good
Afternoon Moderate
Evening Low
Bedroom 1
Morning Moderate
Afternoon Good
Evening Low

Location Scores

85
Walk Score
Very Walkable
80
Transit Score
Excellent Transit
75
Bike Score
Very Bikeable
View Location Details

Future Developments Nearby

Transport+Positive Impact
Reading Station Upgrade
0.6 milesEst. 2025
* Information based on local planning applications and may be subject to change

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£287,500
AvailableNB0000030739
View Location Analytics

The Tay

Reading, Reading RG1 8AR
Carters Court
1
Bedrooms
1
Bathrooms
480
Est. Sq ft
mid terrace
Type

Developer

Bellway
Available Plot Numbers
18
1 plot(s) available
Ownershipfreehold

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£287,500The Tay

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The Tay
The TayReading£287,500

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