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 sixth-floor apartment at Bankside Gardens offers contemporary living in the thriving Green Park area of Reading. Featuring two spacious bedrooms and two bathrooms, including a master en-suite, the property is designed for comfort and convenience. The open-plan living and dining area opens onto a balcony, providing a pleasant space for relaxation with views over the surrounding area. The modern kitchen is well-equipped and thoughtfully laid out, making it ideal for everyday living and entertaining.

Situated within close proximity to Reading town centre and Reading Station, this apartment benefits from excellent transport links, making it ideal for commuters and professionals. The location also boasts a range of local amenities including schools, parks, shops, and restaurants, catering to a variety of lifestyles. With future developments planned nearby, the area shows promising growth potential, making this property a sound investment opportunity.

Property Features

The property features a bright open-plan living and dining area that extends to a balcony, perfect for enjoying outdoor space. The master bedroom benefits from an en-suite bathroom, while a separate shower room serves the second bedroom and guests. Additional storage is provided by a utility cupboard and built-in wardrobes. Located on the sixth floor, the apartment offers elevated views and a peaceful living environment within a secure building.

BalconyEn-suite bathroomUtility cupboardOpen-plan living/diningModern kitchenSixth floor apartment+1

Local Amenities

The apartment is ideally positioned near Reading Station, providing fast rail connections to London and beyond. Green Park Business Park, a major employment hub, is within walking distance, enhancing the area's appeal for professionals. Nearby Palmer Park offers green open space for recreation, while Reading College and several primary schools serve families. Local shopping needs are met by Tesco Superstore and various independent retailers. The town centre, with its cultural attractions like Reading Museum, is easily accessible, adding to the lifestyle benefits.

Reading StationGreen Park Business ParkPalmer ParkReading CollegeTesco SuperstoreLocal cafes and restaurants+1
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£430,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£179/mo
Estimated Ground Rent£14/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£430,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£179/mo
Estimated Ground Rent£14/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
75/100
ChallengingModerateGoodExcellent
Strong commuter links to London
Proximity to business parks and employment centers
Growing local economy with future development plans

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£430,000
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£179/mo
Estimated Ground Rent£14/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 £2,759/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£488,883
+£58,883 projected gain
5-Year Rent Forecast
£3,277/mo
Based on 3.5% annual growth
Price per Sq Ft£601
Annual Rent Income£33,108
10-Year ROI308%
Break-Even Point12 yrs

Property Value Projection

Based on 2.6% annual growth
£488,883
5yr
£555,830
10yr
£631,944
15yr
£718,482
20yr
£816,869
25yr
Current: £430,000

Monthly Rental Income

Based on 3.5% annual growth
£3,277
5yr
£3,892
10yr
£4,622
15yr
£5,490
20yr
£6,520
25yr
Current: £2,759/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
30 mins
30 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/Dining
Morning Moderate
Afternoon Good
Evening Low
Kitchen
Morning Low
Afternoon Moderate
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

Commercial/Office+Positive Impact
Green Park Business Park Expansion
0.3 milesEst. 2025
Transport Infrastructure+Positive Impact
Reading Station Upgrade
1.1 milesEst. 2027
* Information based on local planning applications and may be subject to change

Loading location insights...

£430,000
AvailableNB0000026535
View Location Analytics

Property 7.6.7, No. 7

Bankside Gardens, Reading RG2 6BU
Bankside Gardens
2
Bedrooms
2
Bathrooms
716
Est. Sq ft
apartment
Type
Available Plot Numbers
Unit 7.6.7
1 plot(s) available
Ownershipleasehold

Request Information

£430,000Property 7.6.7, No. 7

Enquire About This Property

Property 7.6.7, No. 7
Property 7.6.7, No. 7Bankside Gardens£430,000

Property Assistant

Ask me anything