300 Kings Road, Buy-to-Let Investment in Reading

Reading      Residential Property     

Properties from British Pound 230,000 - British Pound 370,000

Superb RG1 postcode location
Onsite gym, parking and rooftop garden
Strong potential for capital appreciation
Rental yield circa 4.5%
25 minutes from central London
Due for completion April 2019
250 year lease

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Overview

Located just a short walk from Reading’s dynamic town centre, 300 Kings Road is a contemporary residential development offering upscale urban accommodation designed to meet the needs of the area’s large number of busy professionals.

Spread over 4 floors the 78 modern studio, 1 and 2 bedroom apartments are complemented with the facilities of a private gym and landscaped roof garden together with a concierge service and 50 secure onsite parking spaces.

As standard all apartments come finished with stylish, fully-fitted kitchens with electric oven, induction hob, integrated dishwasher, fridge freeze and washer / dryer.

An RG1 postcode property, 300 Kings Road is less than 1 mile from Reading Train Station, Reading University and Thames Valley Park; home to IT giants Microsoft & Oracle.

Due for completion in April 2019 and sold on a 250 year lease, apartments at 300 Kings Road start from £230,000 for studio apartments and range up to £375,000 for a 2 bedroom apartment.


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Property Highlights

  • An exclusive development of 78 purpose built apartments in a desirable location just a few minutes walk from Reading town centre and less than a mile from many large employers and business parks.
  • Forthcoming Elizabeth Line will slash commuting times providing a 25-minute direct rail service to Paddington Station which will depart every 15 minutes and a 40-minute direct rail service to Heathrow. These improved commuter times have the potential to drive an increase in demand which could have a positive effect on both future rental yields and capital appreciation.
  • Vibrant and highly pedestrianised town centre with a host of entertainment, shopping and dining opportunities.
  • High quality interiors with fully fitted kitchens, integrated appliances, stylish bathrooms and CCTV entry system.
  • Fantastic Sky Garden, private gym, concierge service and secure parking spaces.
  • Close proximity to the River Thames with a host quality outdoor spaces within easy reach.
  • Excellent area for education with top-performing grammar schools, University and colleges nearby.
  • On schedule for completion in April 2019.

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Location

As the business capital of the Thames Valley, Reading is one of the UK’s largest and most prosperous towns with a population of over 320,000.

With easy access to both the M4 and M25 motorways, Reading’s already excellent transport links will soon be further improved with the opening of the Elizabeth Line (Autumn 2019). This will place central London just 26 minutes away and provide a direct rail connection with Europe’s busiest airport, London Heathrow.

A hub of productivity it has the highest density of tech businesses in the UK and is home to 13 of the world’s top brands including Microsoft, Vodafone, Oracle, Cisco and Verizon. 30% of Reading’s employees are involved in finance, IT & business.

With 17,000 students Reading is also home to one the world’s top 200 universities which has recently opened the Thames Valley Science Park; home to 80 growth-orientated companies ranging from start-ups to global R&D centres.

For leisure Reading has wide choice of shopping and entertainment opportunities, an attractive riverside and is within easy reach of the idyllic village of Sonning and famous town of Henley on Thames.



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Financial Overview

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