- Investment oppurtunity +
- Currently achieving a yield in excess of 11% +
- 1 Flat & 5 rooms +
- Central location +
- Strong rental history +
- Parking to rear +
A rare opportunity to acquire a high-performing HMO investment currently achieving £4150pcm with a gross yield in excess of 11%. Ideally located within easy reach of Reading town centre, Reading mainline station, and a wide range of local amenities, the property is exceptionally well positioned to attract consistent tenant demand.
The accommodation comprises five well-proportioned, independent letting rooms along with a self-contained flat, all of which benefit from a strong and established rental history. The layout offers flexibility for investors, with scope to maintain the current arrangement or explore future optimisation, subject to the necessary consents.
Externally, the property further benefits from parking to the rear an increasingly valuable feature in this central location, enhancing its appeal to tenants. This is an excellent opportunity for investors seeking a robust income-producing asset.
Additional Information: - Parking
There is off-road parking to the rear
Property construction – Standard form
Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating
Broadband connection available (information obtained from Ofcom):
Superfast - Fibre to the cabinet (FTTC)
Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”