Terraced house for sale in College Road, Reading, Berkshire RG6
Prospect - Reading
12 days agoPrice: £625,000
Berkshire - Earley
- Residential
- Other
- 6 Bed(s)
- 3 Bath(s)
Features
Description
No onward chain complications
Within easy reach of a host of amenities, including Reading town centre and the mainline railway stations, this larger than average four storey Victorian town house is currently set up as a HMO with a current yearly rental return of approximately £50,000 per year.
Ideal for an investment buyer looking to add to their portfolio, the accommodation briefly comprises a large kitchen/living room, two shower rooms, a separate cloakroom and six bedrooms, all of which have kitchenettes and another with an en-suite shower room.
Having recently undergone refurbishment by the current owner, the current gross rental yield is approaching 8% and has the potential to increase this far beyond to make an even more profitable investment.
Additionally, there is driveway parking to the front, a large rear garden and there is also a basement which can be access off of the main entrance hall.