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About This Property

Discover what makes this home special

The Millwright is a stunning detached property situated in the vibrant town of Reading. Offering five spacious bedrooms and three modern bathrooms, this home is perfect for families seeking comfort and style. The property boasts a contemporary fitted kitchen, a bright and airy living room, and a versatile study. The south-west facing garden ensures ample sunlight throughout the day, making it ideal for outdoor relaxation or entertaining. Located in a sought-after development, The Millwright combines modern living with convenience, being close to excellent schools, transport links, and local amenities.

Property Features

This property offers a range of desirable features, including a beautifully landscaped south-west facing garden, perfect for enjoying sunny afternoons. The modern fitted kitchen is equipped with high-quality appliances, while the utility room and study provide additional functionality. The spacious living areas and en-suite master bedroom ensure comfort and convenience for all family members.

South-West facing gardenGarageEn-suiteFitted KitchenStudyUtility Room+1

Local Amenities

The Millwright is ideally located in Reading, offering easy access to a range of amenities. Reading Station provides excellent transport links to London and beyond, while Cambridge Primary School is within walking distance, making it perfect for families. The nearby Oracle Shopping Centre offers a variety of retail and dining options, and Prospect Park provides a tranquil green space for leisure activities.

Reading StationCambridge Primary SchoolOracle Shopping CentreProspect ParkSupermarketsRestaurants
Reading Station Train Station (2.1 miles, 7 mins drive) • 25 mins via train to London

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£820,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees (10%)-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£820,000
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Excellent Opportunity
80/100
ChallengingModerateGoodExcellent
Strong rental demand
Proximity to transport links
Modern specifications and energy efficiency

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£820,000
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
Service Charge£0/mo
Ground Rent£0/mo
Mortgage-
Full Management (15%)-
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
4.7%
Based on £3,200/mo rent
Area Price Growth
+4.2%
Average annual increase
5-Year Value Forecast
£1,007,285
+£187,285 projected gain
5-Year Rent Forecast
£3,801/mo
Based on 3.5% annual growth
Price per Sq Ft£390
Annual Rent Income£38,400
10-Year ROI187%
Break-Even Point24 yrs

Property Value Projection

Based on 4.2% annual growth
£1,007,285
5yr
£1,237,346
10yr
£1,519,951
15yr
£1,867,103
20yr
£2,293,543
25yr
Current: £820,000

Monthly Rental Income

Based on 3.5% annual growth
£3,801
5yr
£4,514
10yr
£5,361
15yr
£6,367
20yr
£7,562
25yr
Current: £3,200/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

Floorplans

Ground Floor

Property Floorplan

Site Plan

Site Plan

Location

Nearby Schools

Caversham Primary SchoolPrimary
Outstanding0.8 miles
The Heights Primary SchoolPrimary
Good1.2 miles
Reading SchoolSecondary
Outstanding2.5 miles
Kendrick SchoolSecondary
Outstanding2.7 miles

Commute Time Planner

London Waterloo
25 mins
1h 10m
Heathrow Airport
1h
45 mins

Sun Path & Natural Light

NESW
South-West-Facing Excellent
12h
Garden Sun (Summer)
No
Morning Sun
Yes
Afternoon Sun

Room-by-Room Light Analysis

Living Room
Morning Moderate
Afternoon Excellent
Evening Good
Kitchen
Morning Excellent
Afternoon Good
Evening Moderate
Dining/Family
Morning Moderate
Afternoon Excellent
Evening Good

Location Scores

68
Walk Score
Somewhat Walkable
72
Transit Score
Excellent Transit
55
Bike Score
Bikeable

Area Vibe

Family-Friendly
Green Spaces
Well-Connected

Connectivity

Broadband Speed
100 Mbps
FTTP (Full Fibre)
Excellent
Mobile Signal
Excellent
EE, Three, Vodafone, O2

Future Developments Nearby

Transport+Positive Impact
Reading Green Park Station
3 milesEst. 2025
Commercial+Positive Impact
Town Centre Regeneration
2 milesEst. 2026
* Information based on local planning applications and may be subject to change

Portfolio Analysis

85
Portfolio Fit Score
Excellent Investment Match
Risk LevelLow
Liquidity
80%
Market DemandHigh Demand
This property shows strong fundamentals with low risk and high demand - ideal for conservative investors.
£820,000

The Millwright

Reading, Reading GU11 4BE
5
Bedrooms
3
Bathrooms
2,100
Sq Ft
detached
Type

Property Grades

Amenities75
Features80
Growth70
Yield68
Connect78
Transport80
Future72
Location80
Overall78

Developer

Bellway
Available Plot Numbers
187
1 plot available
Ownershipfreehold
0

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