Home News Property investment Prime investor-grade, riverside development in Reading Central

Prime investor-grade, riverside development in Reading Central

Reading, a well-known commuter town in Greater London, is known to be one of the top choices for European & global HQ in the UK, due to its quick connections into Central London, the rest of the UK and ease of doing business. Apart from business, Reading offers a perfect harmony for work and lifestyle, as it is also home to or with easy access to some of the best educational institutions, with all the amenities and nature right at the doorstep.

Riverside development in Reading Central

Nestled between the River Thames and Reading Station, Reading Riverworks is an ideal property for both investors who are looking for a great business location with a low entry price & high return, and first home buyers who are looking for a new home with access to the river, parks and schools.

Population-growth in Reading

Supported by stable population growth, high employment rate and a flourishing business sector, Reading is one of the UK’s highest-earning cities outside London and is a top 10 destination for business investment, and the town continues to attract professionals and businesses alike. Affordable property prices with access to business, Ofsted-rated schools, and connections make Reading a top choice for young first home buyers between the ages of 20 to 39 years old, with the intention to build a small family in the long term.

Reading central expansion & the effects of the new Elizabeth line

Reading is a thriving area attracting talents who want access to the many connections & businesses. The development is a quick 3-minute walk to Reading Station, with access to 4 major rail services – the Elizabeth Line, Cross Country Railway, South Western Railway and Great Western Railway, directly connecting to Oxford in 20 minutes and London Paddington in 23 minutes.

The Elizabeth line also cuts short journey times to Bond Street in 32 minutes and Liverpool Street in 45 minutes, and with easy access to Windsor & Ascot in 35 minutes and Bicester Village in 53 minutes. This has made living or doing business in Reading so much more efficient if there is a need to be in London for physical meetings, or to go to the many concerts & activities in London.

New Elizabeth line

With £900 million invested into upgrading Reading Station since 2010, there are now over 200 trains a day that link Reading with London, with expectations to double its annual passenger figure by 2030.

A major regeneration worth £750 million is under planning in central Reading, featuring a new public realm with 100,000 square feet of retail, community, leisure spaces, alongside 600,000 square feet of office space, which will further attract high-quality businesses & shops into the town centre.

Investors can benefit from corporate & professional tenants working in the area or students who study at the University of Reading (ranked top 35 in the UK), which is just 12 mins from the development. Bus connections are less than 30 minutes to top business parks like Thames Valley Park, where BBC Radio, Microsoft and HP are based, and Green Park, where Virgin Media, Cisco, Verizon and PepsiCo are located.

Prime location with access to lifestyle amenities

Prime location

The development is a close 10-minute walk to Oracle Shopping Mall, Reading High Street and Forbury Place, home to large corporations such as PWC, Deloitte, and KPMG. Residents & tenants will have access to a range of lifestyle amenities such as a gym, supermarkets and a local farmer’s market. Oracle Shopping Mall offers a wide variety of shops and restaurants, including Primark, John Lewis, Nando’s and Wingstop, to name a few.

During the festive season, residents can experience Winter Wonderland Reading, Berkshire’s largest Christmas event since 2014, right on Christchurch Meadows Park located just opposite the development, featuring thrilling rides, festive food, drinks & treats, Christmas light deco and ice-skating rink, bringing the Christmas spirit to life.

Invest in phase 1, the very first launch in KL this April

Invest in phase 1

Reading Riverworks location is a gem, situated between the River Thames and Reading station. This is one of the best-located developments in Reading by the river and with access to all you need within 10 minutes’ walk.

Invest in Riverworks location

Starting prices are very attractive, with 1 bed units priced from £332,000 and 2 beds from £408,000. This development offers an attractive entry point for both investors & owner occupiers alike. Easy to own with staged 20% deposit payments, with balance 80% payable at completion between Q3 2027 – Q4 2028, depending on which block, this allows investors time to raise funds for more deposits to be prepared to complete. Malaysian investors are able to get financing from UK Banks, as rental remains strong, allowing loan margins between 60% – 70% on your Malaysian income.

Stylish interior

Property prices in Reading are projected to rise by 20.3% over the next five years, with rental prices to increase gradually by 16.8%, offering strong growth potential. In December 2023, Reading’s average rental yield achieved 5.55%, with potential rental returns reaching up to 6% per annum.

Repayments for a 1 bedroom at 70% loan margin with 5% interest rate on a buy-to-let loan can start from £1020pm*, with expected rental rate between £1600 – £1700pm, with some surplus to pocket. Yields are estimated to achieve between 5.5% – 6.5%, depending on the entry price.

Riverside development

12 & 13 April – Exclusive launch of Reading Riverworks in Kuala Lumpur

Benham and Reeves Malaysia are excited to invite you to our very first exclusive launch of Reading Riverworks in Kuala Lumpur on the 12th and 13th of April, where we are launching the very first phase of this development.

We will be featuring a seminar at 2.30 pm daily, where we cover the benefits of investing in Greater London as well as the latest update on UK financing packages.

Come and meet industry experts, to get insights from developer, mortgage broker, lettings agent, property management and tax returns services for an all-rounded advisory and seamless after-sales services. Register now for the launch!

Reading Riverworks KL launch details
12 – 13 April (Sat and Sun), 11am – 6pm
Majestic Hotel Kuala Lumpur, Level 3, Majestic room 3

Statistic is taken from Savills, Reading: position for growth, 2023. Walking distances & travel times are taken from maps.google.com, number of stops are taken from London Underground & Train route map. Reading Population statistics taken from worldpopulationreview.com, 2025. Annual change in rents in Reading taken from ons.gov.uk, 2025 *Loan repayment are based on a £350,000 1 bed unit with UK buy-to-let loan at 70% margin, 5% interest only repayment and serves as a guide only, speak to a mortgage broker for a more accurate assessment based on borrower’s background.

About the Author

Established in 1958, Benham and Reeves is one of London’s oldest, independently owned property lettings and sales agents. With specialism in residential sales, corporate lettings and property management in prime areas of London, the company operates from 21 prominently located branches and 14 international offices.

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