Verto, Reading: Savills Ireland reveals exciting new UK investment opportunity
UK development will launch from plans at the Shelbourne Hotel on the 12th, 13th and 14th October, with a 4 per cent rental income guarantee for 2 years
Verto, Reading: Living room
Savills, in conjunction with Henry Wiltshire International, have been appointed by Westfield Investments, which is part of the Cleveland Group, formally Roche’s Stores, and CNM Estates to offer Verto apartments in Reading, England to Irish buyers.
Verto is an 18-storey, canal-side development at the heart of Reading’s exciting transformation. “These contemporary styled 1, 2 & 3 bedroom apartments are centrally located, and sitting on the banks of the River Kennet enjoying a waterfront view. The property includes concierge and both a gym and a library are provided”, says Stephen Watson, associate director, Henry Wiltshire International.
Built around the principles of 21st century design, the apartments are as elegant as they are comfortable. The natural stone tiling and feature lighting of the entrance lobby set an opulent tone which is continued throughout the corridors and the apartments with oak flooring and neutral tones creating a sense of calm and assured sophistication.
When it comes to entertaining, the contemporary kitchens with marble splash backs, oak or Silestone worktops, integrated units and Siemens or Bosch appliances are designed to impress. At the end of the day, the luxurious bedrooms will have anyone dreaming of their Verto lifestyle.
With private balconies making the best of the setting and landscaped roof terraces overlooking the waterside, these are homes that truly amaze.
Verto is a short, 10-minute walk from Reading University and the train station, with Paddington Station, one of London’s best-connected stations, a mere 25-minute journey. Reading is conveniently situated for international access with both Heathrow and Gatwick, just a 40-minute and 90-minute drive respectively, while the arrival of Crossrail – providing direct access into the heart of central London – in 2019 will make Reading a gateway for business.
Verto is also a short walk from the Oracle Centre packed with major retailers and a multiplex cinema. The large retailers you’d expect are here, such as John Lewis and Apple alongside a mouthwatering collection of eateries such as Jamie’s Italian and Cau Vietnamese. Additionally, Windsor and Ascot, home of the famous race courses, are within easy reach.
“We anticipate that Verto will generate a lot of interest, particularly given the rental income guarantee, which at 4 per cent for 2 years – with the inclusion of a furniture pack – is most attractive indeed. In addition, according to a recent forecast from Morgan Stanley, the pound and euro will hit parity by the end of next year - further enhancing Verto’s offering to Irish buyers”, says Browne.
A 17 per cent increase in property prices in the South East is predicted between 2017 and 2021.
Pricing starts from £262,250 for a one-bedroom apartment.
Verto will launch from plans at the Shelbourne Hotel on the 12th, 13th and 14th October. To register to attend, contact Stephanie Patterson, Savills at 01 618 1300 or Stephen Watson, Henry Wiltshire at 01 406 3852 or visit www.verto2019.com.
- Population of 230,000
- Reading is the fastest growing town in the UK 2016 (Ernst and Young)
- It is the UK’s number one technology cluster, with the highest number of tech companies in the UK, twice that of its nearest competitor (KMPG Tech Nation 2017)
- £35 million is being invested into Thames Valley Science Park providing 800,000 sq feet of specialised space for tech companies and providing 5,000 new jobs by the end of 2019
- Reading is a net inward destination for commuters: 30,000 commute into Reading daily and 24,000 commute out
- Reading's population is growing 5 times faster than houses are being built (Office of National Statistics)
- Reading has two of the best grammar schools in the country; Kendrick College and Reading Boys Grammar School, and a university with over 17,000 students and a sister campus in Jahor, Malaysia
- Reading also has 6 hospitals - 3 ogvernment and 3 private hospitals