Reading is a university town, which is situated on the River Thames, and it is fast becoming a popular place to invest in.
Here are the top reasons why people are buying 3 bedroom houses in Reading.
Fantastic Transport
Reading is only 30 minutes away from London by train, 40 minutes from Heathrow Airport, and the M4 is a stone’s throw away. With the Elizabeth Line, those going to London can do so without having to change trains. This is an investment that will boost the area’s popularity.
The University
The University of Reading attracts around 19,000 students from over 150 countries annually. This in itself attracts investors and creates jobs, which makes it a very busy place to be.
Young Professionals Everywhere
Many of the university students stay in the area after graduation and graduates from other areas move here as well because of the job opportunities and location. Because there is a high rental demand, investors are snapping up property here.
A Killer Place for Business
Reading was recently listed as the fifth-best place in the UK to conduct business, beating Birmingham, Glasgow, and Nottingham. The company is known as Management today also said that aside from London, Reading pays the highest wages. Over £7m has been invested in the Reading Central Business Improvement District in the past 10 years, with more being planned for the future.
Idyllic Location
Reading is nestled between Chiltern Hills Area of Natural Beauty and North Wessex Downs Area of Natural Beauty. This amazing place offers both a beautiful countryside and a bustling urban vibe. This is a massive selling point for people wanting to leave London for a better life.
Strong Economy
Reading beat Manchester as the city or town to see the highest growth in the entire UK from 2018 to 2020 in the EY’s Regional Economic Forecast. Reading’s GVA (gross added value forecast is at the time set at 2.2%, while London has an average of 1.7%. This is partly due to its technology sector which is very strong, which is expected to grow even further with an expansion of 3.5% within the next three years. This is almost a third of the jobs in Reading.
There you have it – the main reasons why people are wanting to become a part of the Reading community. If you have any doubts, go and see 3 bedroom houses in Reading.
