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House For Sale £475,000
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 is a three-storey Victorian townhouse, with 5 bedrooms plus communal living room, kitchen and bathrooms all well presented. Other attractive features include off-road parking to the front (with the installation of a dropped kerb) and a garden designed for low maintenance.

The property currently let until 30 June 2022 on a single AST provides a monthly rental income of £2,200 per month which equates to a 5.56% 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 Room

13'1" x 10'10
The communal living space is light and bright, with modern wood flooring, ceiling light, door to under stairs cupboard and double glazed window to garden.

Kitchen

10'6" x 7'10"
The modern kitchen comprises a range of white gloss floor and wall mounted units with wood work surfaces incorporating sink and drainer with mixer tap, eye-level oven, electric hob with extractor hood over, space and plumbing for fridge/freezer, washing machine and dishwasher. Well finished this room has double glazed windows to both garden and side, door to garden with flush-mounted ceiling spotlights.

Bedroom One

13'1" x 11'2"
Set on the second floor the largest of the bedrooms has both double glazed windows and skylight, making this a large bright room with ceiling light and plenty of space for a double bed, desk and storage.

Bedroom Two

13'1" x 11'2"
The second double bedroom is set on the first floor, once again a large-sized room with double glazed window to front, fitted carpet, ceiling light and plenty of space for a double bed, storage and large desk.

Bedroom Three

11'2" x 9'10"
The next largest bedroom is set on the ground floor with double glazed window to front, with fitted carpet, ceiling light and once again plenty of space for a double bed, storage and a large desk.

Bedroom Four

11'2" x 6'7"
The fourth double bedroom is on the second floor and enjoys a garden view from double glazed window plus skylight window, once gain with fitted carpet, ceiling light with space for a double bed, desk and storage.

Bedroom Five

8'11" x 7'11"
The last of the bedrooms is set on the first floor with a garden view from the double glazed window, an additional skylight window with fitted carpet and space for a double bed, desk and storage.

Shower Room

7'10" x 3'11
The shower room is set on the first floor with a corner shower cubicle, pedestal wash hand basin, low flush WC, heated towel rail, ceiling light and extractor fan.

Bathroom

7'7" x 6'3"
The family bathroom is set on the second floor with panel enclosed bath with a shower over, low flush corner WC, pedestal wash hand basin, heated towel rail with tiled walls, ceiling light and double glazed window.

Garden

To the front of the property is a paved area that is ideal for off-road parking with the introduction of a dropped kerb.

The rear garden is a part laid to patio, with enough space for table and chairs for some al fresco dining, with the remainder laid to gravel all securely set to fenced borders. Ideal for an HMO property as it is low maintenance.

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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