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About This Property

Discover what makes this home special

Property 11, Station House is a stylish and modern one-bedroom apartment located in the heart of Reading's vibrant riverside development. Offering a well-designed open-plan kitchen and living area, the apartment benefits from natural light and a private balcony, perfect for relaxation. The spacious bedroom includes built-in wardrobe space, complemented by a contemporary bathroom, making this an ideal home for professionals or couples. Its proximity to Reading Station ensures excellent connectivity to London and beyond, while the local amenities provide everything needed for comfortable urban living.

This apartment is part of the prestigious Reading Riverworks development, known for its quality build and attractive riverside setting. Residents enjoy easy access to a variety of shops, restaurants, and green spaces, making it a highly sought-after location. The property's excellent transport links and ongoing area regeneration projects indicate strong future growth potential, appealing to both owner-occupiers and investors alike.

Property Features

The apartment boasts a spacious open-plan kitchen and living area that maximizes space and light, with a balcony that offers outdoor space overlooking the development. The bedroom includes a built-in wardrobe, providing ample storage. Modern fixtures and fittings throughout enhance the property's appeal, while secure entry adds peace of mind. Located within the sought-after Reading Riverworks development, the apartment benefits from high-quality construction and a stylish finish.

BalconyOpen-plan kitchen/livingBuilt-in wardrobeModern bathroomSecure entryRiverside development

Local Amenities

Situated just a short walk from Reading Station, the property offers excellent transport connections. The nearby Oracle Shopping Centre provides a wide range of retail, dining, and entertainment options. Outdoor enthusiasts will appreciate the proximity to the Thameside Promenade and Palmer Park, offering scenic walks and recreational spaces. Local amenities including supermarkets, cafes, and cultural attractions like Reading Museum ensure a convenient and vibrant lifestyle for residents.

Reading StationThe Oracle Shopping CentreThameside PromenadeReading MuseumPalmer ParkLocal cafes+1
Reading Station Train Station (0.3 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£345,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£144/mo
Estimated Ground Rent£12/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£345,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£144/mo
Estimated Ground Rent£12/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
75/100
ChallengingModerateGoodExcellent
Proximity to major transport hubs
Strong rental demand in Reading
Ongoing area regeneration

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£345,000
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£144/mo
Estimated Ground Rent£12/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 £2,214/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£392,244
+£47,244 projected gain
5-Year Rent Forecast
£2,630/mo
Based on 3.5% annual growth
Price per Sq Ft£599
Annual Rent Income£26,568
10-Year ROI308%
Break-Even Point12 yrs

Property Value Projection

Based on 2.6% annual growth
£392,244
5yr
£445,957
10yr
£507,025
15yr
£576,456
20yr
£655,395
25yr
Current: £345,000

Monthly Rental Income

Based on 3.5% annual growth
£2,630
5yr
£3,123
10yr
£3,709
15yr
£4,405
20yr
£5,232
25yr
Current: £2,214/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
35 mins
30 mins

Sun Path & Natural LightAI generated - Estimated

NESW
North-West-Facing Moderate
4h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

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

Location Scores

80
Walk Score
Very Walkable
75
Transit Score
Excellent Transit
68
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-use Commercial and Residential+Positive Impact
Reading Station Area Regeneration
0.2 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£345,000
AvailableNB0000026742
View Location Analytics

Property 11, Station House

Reading Riverworks, Reading RG1 8BU
Reading Riverworks
1
Bedrooms
1
Bathrooms
576
Est. Sq ft
apartment
Type
Available Plot Numbers
Unit 11
1 plot(s) available
Ownershipleasehold

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£345,000Property 11, Station House

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Property 11, Station House
Property 11, Station HouseReading Riverworks£345,000

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