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Listing ID: HSFbf7cfc9c

Terraced house for sale in College Road, Reading, Berkshire RG6

Prospect - Reading

12 days ago

Price: £625,000

Berkshire - Earley

  • Residential
  • Other
  • 6 Bed(s)
  • 3 Bath(s)

Features

Garden
Refurbished
Shower room

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.

See Also