Rising high in Reading
by Natalie Vincent Tue 17 April 2018, 11:19 am
Property sales have now launched at Reading's tallest residential tower.
Built by developer CMM Estates, Verto is an 18-storey, 55m-high mixed-use development on King’s Road, overlooking the River Kennet. The tower comprises 103 luxury one-, two- and three-bedroom apartments and penthouses from 43sq m to 125sq m and starting at £262,250.
The building also features three landscaped roof gardens offering views of the river and townscape, including the former Reading Prison, which once held writer Oscar Wilde following his 1895 conviction for indecency.
Joint agents Haslams and Savills are acting for the development.
Commenting on the launch, Alastair Young, sales and marketing director at CNM Estates, said: "This is a landmark project for Reading and promises to rejuvenate the surrounding area. The apartments are of an exceptionally high-quality with stunning views over the historical town.
"With large floorplates and an exceptional collection of amenities, I expect that the apartments will be very popular with prospective purchasers, both from Reading and those who are looking for a home with an easy commute to London. Reading has a strong supply of good schools and activities, so we’re also expecting to see interest from families looking for a spacious home in the centre of town."
Reading is already a commuter hotspot, with a 28-minute journey to London, but when Crossrail arrives in 2019 it will improve further: journeys to Bond Street will take under an hour, Liverpool Street and Canary Wharf just over an hour, and there will be faster interchanges to Heathrow terminals.
Mike Shearn, head of new homes at Haslams, commented on the attraction of Reading’s transport links" "We've already had significant interest in Verto from a mixture of buyers. With luxurious specification and the commuting rejuvenation provided by Crossrail, each apartment provides excellent investment potential.
"Crossrail will also open up Reading to a large number of workers from the City and Canary Wharf who might not have considered the area as an easily accessible base previously."