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About This Property

Discover what makes this home special

This modern two-bedroom apartment at Bankside Gardens, Reading, offers a stylish and comfortable living space ideal for professionals, couples, or small families. The property features a spacious open-plan kitchen and living area that opens onto a balcony, providing natural light and outdoor space. With two well-sized bedrooms, including a master with an en-suite, and a separate shower room, the layout is both practical and inviting. Located on the second floor, the apartment benefits from a quiet position within a sought-after development close to Reading's amenities and transport links.

Situated in RG2 6BU, the property is within easy reach of Reading town centre and Green Park business park, making it perfect for commuters. The nearby Reading train station offers fast connections to London Paddington and Heathrow Airport, enhancing connectivity. Local amenities including supermarkets, parks, and reputable schools make this an excellent choice for both living and investment purposes.

Property Features

The apartment boasts a modern open-plan kitchen and living space that maximizes natural light and functionality. The balcony extends the living area outdoors, perfect for relaxation or entertaining. Both bedrooms are generously sized, with the master benefiting from an en-suite bathroom and built-in wardrobe. Additional features include a separate shower room and utility cupboard, enhancing storage and convenience. Positioned on the second floor, the property offers privacy and quiet within the Bankside Gardens development.

BalconyEn-suite BathroomOpen-Plan Kitchen/LivingUtility CupboardSecond Floor ApartmentClose to Transport Links

Local Amenities

The property is excellently located near Reading town centre, offering a wide range of shopping, dining, and leisure options. Palmer Park provides ample green space for outdoor activities and relaxation. The area is well served by reputable schools such as Reading Blue Coat School and local primary schools, making it attractive for families. Green Park business park nearby offers employment opportunities and further amenities. Excellent transport links via Reading Station and local bus routes ensure easy access to London and Heathrow Airport.

Reading StationGreen Park Business ParkReading Town CentrePalmer ParkReading Blue Coat SchoolSupermarkets+2
Reading Station Train Station (1.1 miles, 5 mins drive) • 5 mins to Reading

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£395,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£165/mo
Estimated Ground Rent£13/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£395,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£165/mo
Estimated Ground Rent£13/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
72/100
ChallengingModerateGoodExcellent
Proximity to Reading Station with fast London connections
Strong local rental demand from professionals and students
Moderate yield potential due to stable but competitive market

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£395,000
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£165/mo
Estimated Ground Rent£13/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 £2,535/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£449,091
+£54,091 projected gain
5-Year Rent Forecast
£3,011/mo
Based on 3.5% annual growth
Price per Sq Ft£606
Annual Rent Income£30,420
10-Year ROI308%
Break-Even Point12 yrs

Property Value Projection

Based on 2.6% annual growth
£449,091
5yr
£510,588
10yr
£580,507
15yr
£660,001
20yr
£750,380
25yr
Current: £395,000

Monthly Rental Income

Based on 3.5% annual growth
£3,011
5yr
£3,576
10yr
£4,247
15yr
£5,044
20yr
£5,991
25yr
Current: £2,535/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
35 mins
40 mins

Sun Path & Natural LightAI generated - Estimated

NESW
North-Facing Limited Sunlight
4h
Garden Sun (Summer)
No
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

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

Location Scores

78
Walk Score
Very Walkable
70
Transit Score
Excellent Transit
65
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Transport+Positive Impact
Green Park Station Upgrade
0.7 milesEst. 2025
Commercial/Residential+Positive Impact
Reading Town Centre Regeneration
1.5 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£395,000
AvailableNB0000026533
View Location Analytics

Property 7.2.6, No. 7

Bankside Gardens, Reading RG2 6BU
Bankside Gardens
2
Bedrooms
2
Bathrooms
652
Est. Sq ft
apartment
Type
Available Plot Numbers
Unit 7.2.6
1 plot(s) available
Ownershipleasehold

Request Information

£395,000Property 7.2.6, No. 7

Enquire About This Property

Property 7.2.6, No. 7
Property 7.2.6, No. 7Bankside Gardens£395,000

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