About This Property

Discover what makes this home special

The Wye is a stylish mid-terrace one-bedroom apartment located in the vibrant heart of Reading, Berkshire. Perfectly suited for professionals and first-time buyers, this home offers a well-planned layout with a bright living and dining area opening onto a balcony, ideal for enjoying outdoor space in an urban setting. The bedroom is spacious and complemented by a modern bathroom and ample storage space, ensuring comfort and convenience.

Situated within easy reach of Reading Station, residents benefit from excellent transport links to London and beyond, making it an ideal base for commuters. The property is part of a thoughtfully designed development that combines contemporary living with proximity to key amenities, including shops, schools, and green spaces. This home offers an excellent opportunity to invest in a sought-after location with strong rental potential and future growth prospects.

Property Features

This property boasts a private balcony accessible from the living room, providing a peaceful outdoor retreat. The open-plan kitchen and dining area are designed for modern living, featuring integrated appliances and ample workspace. A dedicated store room offers additional storage, while the bathroom includes contemporary fittings. Double glazing and central heating ensure energy efficiency and comfort throughout the year.

BalconyStore RoomModern BathroomOpen Plan Living/DiningFitted KitchenDouble Glazing+1

Local Amenities

Located just under a mile from Reading Station, this property offers excellent access to public transport and the town centre. Residents can enjoy nearby green spaces such as Forbury Gardens for leisure and relaxation. The Oracle Shopping Centre provides a wide range of retail and dining options, while educational institutions like Reading College and several well-regarded primary and secondary schools serve families in the area. Thames Valley Park offers employment opportunities close to home, enhancing the appeal for working professionals.

Reading StationReading Town CentreForbury GardensReading MuseumThe Oracle Shopping CentreThames Valley Park+2
Reading Station Train Station (0.8 miles, 5 mins drive) • 25 mins to London

Estimate Calculator

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
Estimated Service Charge£0/mo
Estimated Ground Rent£0/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£279,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

Good Opportunity
75/100
ChallengingModerateGoodExcellent
Strong transport connections to London
Growing local economy
Limited outdoor space
One-bedroom size limits rental market

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
Estimated Service Charge£0/mo
Estimated Ground Rent£0/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 £1,796/mo rent
Area Price Growth
+2.6%
Average annual increase
5-Year Value Forecast
£318,286
+£38,336 projected gain
5-Year Rent Forecast
£2,133/mo
Based on 3.5% annual growth
Price per Sq Ft£583
Annual Rent Income£21,552
10-Year ROI308%
Break-Even Point10 yrs

Property Value Projection

Based on 2.6% annual growth
£318,286
5yr
£361,871
10yr
£411,425
15yr
£467,765
20yr
£531,820
25yr
Current: £279,950

Monthly Rental Income

Based on 3.5% annual growth
£2,133
5yr
£2,533
10yr
£3,009
15yr
£3,574
20yr
£4,244
25yr
Current: £1,796/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 15m
Heathrow Airport
40 mins
35 mins

Sun Path & Natural LightAI generated - Estimated

NESW
South-East-Facing Excellent
6h
Garden Sun (Summer)
Yes
Morning Sun
No
Afternoon Sun

Room-by-Room Light Analysis

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

Location Scores

85
Walk Score
Very Walkable
80
Transit Score
Excellent Transit
75
Bike Score
Very Bikeable
View Location Details

Future Developments Nearby

Transport+Positive Impact
Reading Station Upgrade
1 mileEst. 2025
Commercial/Residential+Positive Impact
Reading Riverside Regeneration
0.7 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£279,950
AvailableNB0000030743
View Location Analytics

The Wye

Reading, Reading RG1 8AR
Carters Court
1
Bedrooms
1
Bathrooms
480
Est. Sq ft
mid terrace
Type

Developer

Bellway
Available Plot Numbers
8
1 plot(s) available
Ownershipfreehold

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£279,950The Wye

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The Wye
The WyeReading£279,950

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