2 × 1-bed flat + 2 × 2-bed flat · RG2 6AB
For saleListed 2 days
Opportunity summary
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About
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About L&Q At Bankside Gardens Reserve a selected Shared Ownership home between 1st September - 31st October and you'll receive a 5% deposit contribution!* £500 towards moving costs on selected homes before 31st October!* Prices start from £71,875 for a 25% share of a 1 bedroom apartment* Prices start from £83,750 for a 25% share of a 2 bedroom apartment* Now 67% sold!
Register your interest to find out more.
L&Q at Bankside Gardens presents a contemporary collection of 1 & 2 bedroom Shared Ownership apartments in the leafy suburbs of Reading, perfect for those looking to escape city life and embrace peaceful waterside living.
Set among a network of lakes and 22 acres of open parkland, Bankside Gardens offers a peaceful setting designed for rest and relaxation.
With Reading Green Park station only a 3 minute* walk away, you are able to go straight to Reading Central station, taking you out to the capital in under half an hour.** Reading town centre is also just a 7-minute drive away, providing an excellent selection of bars, restaurants and leisure facilities to enjoy.
All homes feature a fully-inclusive specification, including integrated appliances, flooring, as well as private outdoor space and one allocated parking space.
Residents at Bankside Garden can also enjoy access to a range of fantastic on-site amenities including a Tesco Express and The Residents' Club 51.
From a concierge service and fully equipped gym to a private cinema and co-working space, everything you need for the perfect work-life balance is right on your doorstep.
A fully inclusive specification at no additional cost Flooring to living/kitchen areas, hallway and storage /utility cupboard Carpet to all bedrooms throughout Communal heating system included Paint to all walls and ceilings Large aspect composite windows and doors Washer dryer positioned in storage / utility cupboard Double wardrobe to master bedroom with mirrored sliding doors (wardrobe) Contemporary tiled bathroom Contemporary kitchen with soft close doors And drawers and matching upstand Stainless steel splash back LED pelmet lighting to wall units Integrated appliances including oven, ceramic hob, fridge/freezer, dishwasher and extractor Unfamiliar with Shared Ownership?
Under the Shared Ownership scheme, you part-buy/part-rent your home, making it possible for first-time buyers and families to get on the property ladder.
The minimum share you can purchase is 25%, and the maximum is 75%. You will usually pay a mortgage on the part you own and a subsidised rent on the part you don't own.
As your income rises, you can increase the share you own until you eventually own 100%. Register your interest Register your interest now to find out more information and book a viewing!
L&Q terms and conditions apply.*Incentive terms and conditions apply. Offer is available on selected Shared Ownership properties only.
Incentive amount is based on the property type and development. 5% deposit paid is available on plots in Block 4 only.
Customers reserving a plot in Block 5 will instead receive a £500 contribution towards moving costs. For full terms and conditions visit . Shared Ownership terms and conditions apply.
Prices start from £71,875 for a 25% share of a 1 bedroom apartment at L&Q at Bankside Gardens. Full market value of £287,500.
Prices start from £83,750 for a 25% share of a 2 bedroom apartment at L&Q at Bankside Gardens. Full market value of £335,000. Please visit for more information. Times obtained from Google Maps.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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About Flagstaff Road, Reading
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