FOR SALE BY ONLINE AUCTION - A fully tenanted six bedroom, two bathroom HMO let to working professionals producing £48,060 per annum
Description
Freehold mid-terrace HMO
6 bedrooms, 2 shared bathrooms and 1 ensuite
Communal kitchen and reception room
Benefits from a large rear garden
Gross annual income of £4,005 per month / £48,060 per annum
Impressive 12.3% yield on guide price
Location
Located on Kensington Road in West Reading, providing direct routes to Reading town centre, Royal Berkshire Hospital, and the University of Reading. Set within a popular residential area, the property is close to a range of local amenities including shops, schools, and parks.
The property is just a 10 minute walk to Reading West Station which serves Reading Central, Reading Green Park, Basingstoke and the South coast.
Trains from Reading Central run to London Paddington in 23 minutes, every 7 minutes.
The town centre is a 10 minute bus ride on Purple 17 or Sky Blue 15/17 routes running every 5 minutes.
Convenient access to the M4 to London or Bristol.
HMO Compliance
- HMO Licence
- Fire Risk Assessment
- Building Control Conditional Approval
- EICR (Electrical Installation Condition Report)
- Emergency Lighting Certificate
- Gas Safety Certificate
- Fire Alarm Test Certificate
Copies of these documents can be found within the legal pack