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About This Property

Discover what makes this home special

The Wye is a stunning contemporary one-bedroom apartment located in the heart of Reading, Berkshire. Situated in a prime location, this property offers modern living with a spacious open-plan kitchen, dining, and living area that leads to a private balcony, perfect for relaxing or entertaining. The bedroom is generously sized with ample storage space, and the bathroom is elegantly designed with high-quality fittings. This apartment is ideal for first-time buyers, investors, or professionals seeking a stylish home in a thriving urban area.

Property Features

This apartment boasts a range of features designed for modern living. The open-plan layout creates a sense of space and light, while the private balcony offers a tranquil outdoor area. The fitted kitchen is equipped with high-quality appliances, and the bathroom is finished to an exceptional standard. With energy-efficient design and contemporary interiors, this property combines style and functionality seamlessly.

Private balconyOpen-plan livingFitted kitchenModern bathroomStorage spaceEnergy-efficient design+1

Local Amenities

Located in the vibrant RG1 area, The Wye benefits from excellent local amenities. Reading Station, a major transport hub, is just a short walk away, providing fast connections to London and beyond. The Oracle Shopping Centre offers a wide range of retail options, while nearby parks such as Forbury Gardens provide green spaces for relaxation. The area is home to highly-rated schools, supermarkets, and a variety of restaurants and bars, making it an ideal location for both families and professionals.

Reading StationOracle Shopping CentreReading AbbeyForbury GardensLocal schoolsSupermarkets+3
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£279,950
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£279,950
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 major transport links
High 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£279,950
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
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 £1,520/mo rent
Area Price Growth
+4.2%
Average annual increase
5-Year Value Forecast
£343,890
+£63,940 projected gain
5-Year Rent Forecast
£1,805/mo
Based on 3.5% annual growth
Price per Sq Ft£509
Annual Rent Income£18,240
10-Year ROI261%
Break-Even Point14 yrs

Property Value Projection

Based on 4.2% annual growth
£343,890
5yr
£422,433
10yr
£518,915
15yr
£637,433
20yr
£783,021
25yr
Current: £279,950

Monthly Rental Income

Based on 3.5% annual growth
£1,805
5yr
£2,144
10yr
£2,547
15yr
£3,024
20yr
£3,592
25yr
Current: £1,520/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.
£279,950

The Wye

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

Property Grades

Amenities75
Features78
Growth65
Yield70
Connect80
Transport85
Future68
Location80
Overall75

Developer

Bellway
Available Plot Numbers
8
1 plot available
Ownershipfreehold

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