About This Property

Discover what makes this home special

This modern one-bedroom apartment at Reading Riverworks on Vastern Way offers a stylish and compact living space ideal for professionals or couples seeking convenience in the heart of Reading. The open-plan kitchen and living/dining area provide a bright and functional environment, while the spacious bedroom includes a built-in wardrobe for ample storage. The bathroom is well-appointed with contemporary fittings, completing the efficient layout within approximately 546 sq.ft. of internal space.

Situated just a short walk from Reading Station, this property benefits from excellent connectivity to London and other major cities, making it perfect for commuters. The vibrant riverside development area offers a blend of leisure, retail, and dining options, with ongoing regeneration projects promising further uplift in local amenities and investment potential. This apartment combines modern living with an unbeatable location, making it a highly attractive residential or investment opportunity.

Property Features

The apartment features an open-plan kitchen and living/dining area designed for modern living, with sleek finishes and integrated appliances. The bedroom includes a built-in wardrobe to maximize storage, while the bathroom offers a clean, contemporary design. Positioned on the second floor, the property benefits from natural light and a secure building environment. Located within the Reading Riverworks development, residents enjoy access to riverside walks and communal spaces.

Open-plan livingModern kitchenBuilt-in wardrobeContemporary bathroomSecond floorSecure building+1

Local Amenities

The property is excellently placed for access to a wide range of amenities. Reading Station is within easy walking distance, providing fast rail links to London Paddington and beyond. Forbury Gardens offers a green space for relaxation, while The Oracle Shopping Centre provides extensive retail and dining options. The nearby riverside area includes popular pubs and restaurants, enhancing lifestyle appeal. Local supermarkets and essential services are also conveniently close, ensuring everyday needs are well catered for.

Reading StationForbury GardensThe Oracle Shopping CentreReading MuseumRiverside pubs and restaurantsLocal supermarkets+1
Reading Station Train Station (0.6 miles, 3 mins drive) • N/A (property within Reading) to Reading

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£299,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£125/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£299,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£125/mo
Estimated Ground Rent£10/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Attractive Investment
75/100
ChallengingModerateGoodExcellent
Strong commuter links to London
Ongoing local regeneration projects
Good rental demand from professionals and students

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£299,950
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£125/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 £1,925/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£341,025
+£41,075 projected gain
5-Year Rent Forecast
£2,286/mo
Based on 3.5% annual growth
Price per Sq Ft£549
Annual Rent Income£23,100
10-Year ROI308%
Break-Even Point12 yrs

Property Value Projection

Based on 2.6% annual growth
£341,025
5yr
£387,724
10yr
£440,818
15yr
£501,183
20yr
£569,814
25yr
Current: £299,950

Monthly Rental Income

Based on 3.5% annual growth
£2,286
5yr
£2,715
10yr
£3,225
15yr
£3,830
20yr
£4,549
25yr
Current: £1,925/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
Reading Station
N/A
3 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/Dining
Morning Moderate
Afternoon Good
Evening Good
Bedroom 1
Morning Low
Afternoon Moderate
Evening Good
Kitchen
Morning Moderate
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

Mixed-use residential and commercial+Positive Impact
Reading Riverside Regeneration
0.3 milesEst. 2025
Transport infrastructure+Positive Impact
Reading Station Upgrade
0.6 milesEst. 2026
* Information based on local planning applications and may be subject to change

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£299,950
AvailableNB0000026740
View Location Analytics

Property 50, Vastern Way

Reading Riverworks, Reading RG1 8BU
Reading Riverworks
1
Bedrooms
1
Bathrooms
546
Est. Sq ft
apartment
Type
Available Plot Numbers
Unit 50
1 plot(s) available
Ownershipleasehold

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£299,950Property 50, Vastern Way

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Property 50, Vastern Way
Property 50, Vastern WayReading Riverworks£299,950

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