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House For Sale £550,000
Addington Road, Reading RG1


Description
*see the video*

superb investment opportunity with an established C4 HMO licenced property! We are delighted to be selling 14 properties for one client with each property being sold individually. Having been well run and maintained for many years these properties all have a Certificate of Lawfulness and great records of occupancy and rental levels attracting primarily student and young professional tenants.

This property has 6 bedrooms with a communal living room, kitchen and bathroom plus an additional ground floor shower room, all well presented. Other attractive features include a large area to the front suitable for off-road parking (with the installation of a dropped kerb), It is a semi-detached property so features gated side access and being bay fronted the extra space and light is an asset.

The property currently let until 30 June 2022 provides a monthly rental income of £2,600 per month which equates to a 5.67% yield at the asking price.

Attractively priced to reflect the fair value we expect a lot of interest, so recommend you book your viewing online as soon as possible. To do so simply download our award-winning app and book online 24/7!

Local Area

Situated in a sought after location offering excellent access to Reading University, Reading Town Centre, Royal Berkshire Hospital and the M4.

Popular with both students and professionals alike, there is an array of local shops in close proximity with well-serviced bus routes to the town centre and other areas in Reading and the surrounding area.

Living Area

9'10" x 8'10"
The communal living space sits to the rear of the kitchen in a well-maintained conservatory space with a great view of the garden.

Light and bright with ceramic tiled floor, two radiators and door to patio at the side.

Kitchen/Breakfast

12'2" x 11'2"
The kitchen and breakfast space comprise a range of floor and wall mounted kitchen units with roll top worksurfaces incorporating stainless steel sink and drainer with mixer taps, with space and plumbing for freestanding gas cooker, washing machine, fridge and freezer all neatly finished with tiled walls, tiled splashback, exposed beams and ceiling lighting.

Bedroom One

14'9" x 14'1"
Set on the ground floor this large bay fronted room has lots of natural light from double glazed windows, feature fireplace, radiator and ceiling light.

Bedroom Two

14'5" x 11'10"
Also set on the ground floor this larger double bedroom features a garden view from the double glazed window, radiator and ceiling light.

Bedroom Three

12'2" x 11'2"
Set on the first floor and also enjoying a garden view from a double glazed window this double bedroom has a radiator, ceiling light and sufficient space for a large desk and storage.

Bedroom Four

12'2" x 11'2"
The second large double bedroom on the first floor is orientated to the front with plenty of space for a double bed, large desk and storage with radiator and ceiling light.

Bedroom Five

14'1" x 6'3"
One of the smaller sized bedrooms on the first floor but still sufficient for a double bed, large desk and storage space with a double glazed window offering garden view, radiator and ceiling light.

Bedroom Six

14'1" x 5'7"
The last of the bedrooms is the smallest, but still sufficient for a double bed, desk and storage space, with double glazed window to side, radiator and ceiling light.

Family Bathroom

8'6" x 6'3"
A well maintained 4 piece bathroom comprising a panel enclosed bath, separate shower cubicle, wall mounted wash hand basin and low flush WC, neatly completed with wall mounted eclectic heater and ceiling light, with opaque double glazed window to front.

Downstairs Shower

6'10" x 2'11"
This handy extra bathroom space is located on the ground floor and comprises a shower cubicle, low flush WC and wall mounted wash hand basin, with ceiling lights and heated towel rail.

Garden

A private low maintenance garden laid mainly to lawn with an additional patio area to the side of the conservatory with space for seating, plus a side passage offering front to back access and somewhere secure to store bikes.

Disclaimer For Virtual Viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Follow the link for more information:
        
zoopla.co.uk

  
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