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About This Property

Discover what makes this home special

The Tay is a modern and stylish one-bedroom apartment situated in the heart of Reading, Berkshire, RG1 8AR. Perfectly designed for contemporary living, this property boasts an open-plan kitchen, dining, and living area that seamlessly connects to a private balcony, offering a serene outdoor space. The spacious bedroom provides ample storage, while the sleek bathroom features high-quality fittings and fixtures. With its prime location and thoughtful layout, The Tay is ideal for first-time buyers, professionals, or investors seeking a property in a thriving area.

Property Features

The Tay is equipped with features that cater to modern living. The open-plan kitchen and living area create a welcoming space for relaxation and entertainment, while the private balcony offers a tranquil retreat. The bedroom is generously sized, providing comfort and practicality, and the bathroom is finished to a high standard. Additional storage space and energy-efficient design further enhance the appeal of this apartment.

Private balconyOpen-plan kitchen and living areaSpacious bedroomContemporary bathroomStorage roomEnergy-efficient design

Local Amenities

Located in the vibrant town of Reading, The Tay benefits from excellent local amenities. Reading Station, with its fast links to London Paddington, is just a short walk away, making it ideal for commuters. The Oracle Shopping Centre offers a wide range of retail and dining options, while Forbury Gardens provides a picturesque setting for leisure. The area is also home to highly-rated schools, supermarkets, and a variety of restaurants and cafes, ensuring convenience and quality of life for residents.

Reading StationOracle Shopping CentreForbury GardensSchoolsRestaurantsCafes+2
Reading Station Train Station (0.8 miles, 4 mins drive) • 25 mins by train to London

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£287,500
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£287,500
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
85/100
ChallengingModerateGoodExcellent
Proximity to transport links
Strong rental demand in Reading
Energy-efficient new build

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£287,500
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
6.5%
Based on £1,550/mo rent
Area Price Growth
+4.2%
Average annual increase
5-Year Value Forecast
£353,164
+£65,664 projected gain
5-Year Rent Forecast
£1,841/mo
Based on 3.5% annual growth
Price per Sq Ft£523
Annual Rent Income£18,600
10-Year ROI259%
Break-Even Point14 yrs

Property Value Projection

Based on 4.2% annual growth
£353,164
5yr
£433,825
10yr
£532,910
15yr
£654,624
20yr
£804,138
25yr
Current: £287,500

Monthly Rental Income

Based on 3.5% annual growth
£1,841
5yr
£2,186
10yr
£2,597
15yr
£3,084
20yr
£3,663
25yr
Current: £1,550/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

Location

Nearby Schools

St John's Primary SchoolPrimary
Good0.5 miles
Kendrick SchoolSecondary
Outstanding0.7 miles
The Abbey SchoolSecondary
Outstanding0.9 miles
Reading SchoolSecondary
Outstanding1.2 miles
New Town Primary SchoolPrimary
Good0.8 miles

Commute Time Planner

London Paddington
25 mins
1h 10m
Heathrow Airport
1h 15m
45 mins

Location Scores

82
Walk Score
Very Walkable
78
Transit Score
Excellent Transit
65
Bike Score
Bikeable

Area Vibe

Vibrant
Family-Friendly
Excellent Transport Links

Connectivity

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

Future Developments Nearby

Mixed-Use+Positive Impact
Reading Green Park Development
2 milesEst. 2025
* Information based on local planning applications and may be subject to change

Portfolio Analysis

80
Portfolio Fit Score
Excellent Investment Match
Risk LevelLow
Liquidity
75%
Market DemandHigh Demand
This property shows strong fundamentals with low risk and high demand - ideal for conservative investors.
£287,500

The Tay

Reading, Berkshire, RG1 8AR
1
Bedrooms
1
Bathrooms
550
Sq Ft
apartment
Type

Property Grades

Amenities72
Features78
Growth65
Yield70
Connect80
Transport85
Future68
Location75
Overall74

Developer

Bellway
Available Plot Numbers
18
1 plot available
Ownershipfreehold

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