St Edward launches new phase at Bankside Gardens
Reading becomes the South-East of England’s latest hotspot
HONG KONG, 19 July 2022 – Reading in Berkshire could be the latest hotspot in South-East England for property investment. Exceptional connectivity with the capital, in which fast trains reach London Paddington in just 23 minutes, combined with a fast-growing economy, has meant this vibrant town offers fantastic potential for investors. For buyers looking to tap into this opportunity, St Edward has appointed JLL to launch No. 3 and No. 7 at The Waterside Collection, the latest phase of contemporary new homes at its lakeside development Bankside Gardens, on Saturday 23rd and Sunday 24th July. Click here to download the images of the project.
Mandy Wong, Head of International Residential at JLL in Asia Pacific, said: “Reading, one of the fastest growing cities in the UK, has become a serious hotspot for property investment. Renowned as a top-notch retail and entertainment destination in the South-East of England, it also has exceptional connectivity with London. Given the appeal of waterside residential project, we expect the new phase of homes with excellent resident amenities to be popular amongst buyers, especially those looking for a new perspective on urban living.”
Named as the UK’s fourth largest digital technology city in March 2022, and as one of the UK’s fastest growing cities in 2022 by EY (GVA growth of over 3% per annum compared to a UK average of 2.5%), extensive investment over the past decade has transformed Reading into a dynamic town with a host of accolades and a very bright future.
It is renowned as an excellent retail and entertainment destination and one of the UK’s top technical hubs for IT, telecoms and digital businesses. A host of international companies are based here, including global brands Microsoft and PepsiCo, employing many skilled people seeking high-quality lets. Added to this, the top-ranking Reading University has a large student population, many from overseas, whilst a sizeable proportion remain in the town after graduating, providing a steady supply of potential tenants.
A sophisticated collection of 1 and 2-bedroom apartments is now available at No. 3 and No. 7 Bankside Gardens, a development which offers London-style living in a superb Reading location. Featuring bold, contemporary design, these homes have been designed for modern living.
Individually designed kitchens feature composite stone worktops and sleek cabinetry, as well as a comprehensive suite of Bosch integrated appliances. Modern bath and shower rooms feature porcelain stone-effect wall tiles to selected walls and polished chrome accessories. Many two-bedroom homes provide an en suite bathroom for the main bedroom. The living areas lead out onto a balcony or terrace for stunning views over the lake or the landscaped gardens.
Residents will have access to a co-working studio, state-of-the-art gym, cinema and concierge service. Commercial and retail space, including a Tesco Express, will be within short proximity, situated on the ground floor of apartment building No. 4. Private landscaped gardens are complemented by acres of surrounding parkland.
Paul Vallone, Executive Chairman at St Edward, comments: “Reading is a serious hotspot for those who are looking for an out-of-London property, especially with the launch of Crossrail. We expect these homes to be especially popular with young professionals; Bankside Gardens offers all the lifestyle benefits of urban living, from superb travel connections to luxury amenities, as well as the advantages of living out of the capital – lower price points and immediate access to plentiful outdoor space.”
Bankside Gardens sits adjacent to an expansive lake with walks, cycle paths, play areas, green open space, a new Market Square and Green Park Village Academy primary school. Green Park Business Park is just a short walk away from the development and home to offices, a public gym and a range of eateries.
Residents at Bankside Gardens are doubly well-connected with the launch of not one, but two new train lines this year. Not only has Crossrail opened, further linking Reading with station stops across London, but the all-new Reading Green Park Station will also open this year just minutes from Bankside Gardens, providing quick and easy access to Reading town centre in just six minutes. When Crossrail fully opens, direct services from Reading will reach Heathrow in 38 minutes, Bond Street in under an hour and Canary Wharf in just over an hour.
Prices at No. 3 start from £315,000 (HKD 2.96 million) for a one-bedroom apartment and prices at No. 7 start from £310,000 for a one-bedroom apartment. For further information about Bankside Gardens, please contact JLL on Tel: +852 3759 0909 or email: firstname.lastname@example.org, or visit our website: https://internationalresidential.jll.com.hk/apartment-new/london/new-market-place
Hong Kong launch event:
Date: 23 – 23 July 2022 (Sat – Sun)
Time: 11am – 6pm
Venue: Berkeley Office, Suite 3001, 30/F, Edinburgh Tower, The Landmark, 15 Queen’s Road Central, Hong Kong
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 100,000 as of March 31, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.