Reading - Top property hotspot for 2010
Despite market conditions in 2009, Muse Developments hs announced the sales success of its Chatham Place development in Reading where over 70% of the development is now sold.
The final phase one and two bedroom apartments, have just been released and with prices starting from just £155,000 interested purchasers should visit soon before they miss out!
Steve Woodford, Director at Haslams Estate Agents in Reading comments: “Whilst the last 18 months have been difficult for everyone, Reading has proved to be more resilient than most other Thames Valley towns. It has continued to attract inward investment and enjoys one of the most robust economies making it the ideal place to live and work. As a result new homes in Reading are extremely popular and in my opinion Chatham Place offers the best package in terms of specification and value for money.”
Chatham Place is a new development in the heart of Reading. This iconic building with its striking eye-catching design incorporates 211 stunningly designed contemporary apartments and penthouses. All are designed with light and space in mind, coupled with the high level of specification making it an ideal place to live, with easy access for both work and leisure. A concierge and a landscaped courtyard garden enhance this development even further, providing premium accommodation as standard.
David Caught, Sales & Marketing Director for Muse Developments comments: “Chatham Place has appealed to a wide variety of purchasers including first time buyers, investors, downsizers, parents buying for their children and even children buying for their parents.”
Reading’s future is being shaped according to the strategic vision: Reading City 2020.This sees the town – a European city in all but name – expanding its centre to the north, east and west and aspiring to be a ‘Green City’, with affordable homes for its burgeoning workforce. Despite Reading’s restrictive administrative boundary and relatively small population it outperforms any of England’s core cities, including London, and over the last decade has been at the forefront of economic performance in the UK.
The town of Reading is one of the most important towns in England in terms of its commercial significance. This is because a number of large British-owned corporations have office space in Reading, indeed many of them have chosen Reading as their Headquarters. Some examples of companies with offices in Reading include Symantec, Yell.com, Microsoft, Oracle, Sage, ING Direct, Cisco Systems and the Prudential. IT and insurance companies make up a large proportion of the workforce in Reading.
Reading’s mainline train station has several platforms with connections to the West Country, Wales as well as being only 25 minutes to London Paddington.* The town is also adjacent to the M4 motorway, with three junctions leading into Reading. London Heathrow Airport is 30 miles away, with Gatwick 60 miles **.
Prices start from £155,000 for a one bedroom apartment and £209,950. For further information, visit chathamplace.co.uk.
*Information courtesy of Transport for London
** Information courtesy of AA Route Planner
