Price £495,000 - Instructed


  • Fully Licensed HMO
  • Offering Gross Yield of 7.5%
  • 6 Large Bedrooms Inc Self Contained Studio
  • Ideal Investment Opportunity
  • Shops & Amenities Nearby
  • Close to Public Transport
  • Sought After Location
  • EPC Rated D

Mr Sales & Lettings are delighted to offer to the market for sale this six-bedroom HMO property generating a rental income £37,020 per annum. This is a fully occupied, turn-key property providing investors with great returns from day one.

This tastefully decorated six-bedroom bay fronted property is set on a sought after, tree-lined street in West Reading. Enhanced by the present owner to include a dormer conversion, it is ideally situated for quick access to Reading town centre and West Reading Train Station.

The ground floor briefly comprises of with two well-sized double bedrooms, large communal kitchen / dining space that leads out to a generous garden.

To the first floor there is a further two double bedrooms, a superb self-contained studio complete with kitchenette and en-suite shower room, and a further communal bathroom.

The second floor houses the sixth and final double bedroom.

The property benefits from gas central heating and double glazing throughout. Viewings are highly recommended to see the space on offer.

Superb mid terrace HMO property | Popular location with easy access to Reading Town Centre | Converted into 5 double bedrooms and 1 self-contained studio | Shared dining and kitchen | On street parking | Current gross rental income of £37,020 | Gross yield of 7.5% | Freehold | Buyers Fee may apply



Council Tax
Reading Borough Council, Band C

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.


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EER Chart

The Energy-Efficiency Rating is a measure of a home's overall efficiency. The higher the rating, the more energy-efficient the home is, and the lower the fuel bills are likely to be.

EIR Chart

The Environmental Impact Rating is a measure of a home's impact on the environment in terms of carbon dioxide (C02) emissions - the higher the rating, the less impact it has on the environment.


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