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House For Sale £1,100,000
Cressingham Road, Reading RG2


Description
*see the video*

superb investment opportunity with an established sui generis 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 an absolutely stunning and incredibly spacious detached chalet style property just off Shinfield Road in Reading. The property features 10 bedrooms with a large communal living room, kitchen, multiple bathrooms many en-suite, separate laundry room and large utility storeroom with a huge entry foyer all presented in great condition. All rooms are geared up for young professionals and or students and come move-in ready.

The property currently provides a monthly rental income of £5,000 per month which equates to a 5.45% 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!

Entrance Hall

Expansive entrance hall with duel height ceiling with skylights letting in lots of natural light over the landing and hallway.

Lounge

26' 7" x 21' 4"
Spacious lounge with duel sliding doors leading to the garden patio. A great size with the room alone measuring approximately 45 square metres. Grand fireplace with both wall lights and ceiling spotlights across the room.

Kitchen

23' 7" x 13' 1"
L-shaped kitchen with both floor and wall-mounted units on both sides of the room. Electric hob and extractor fan to one side with integrated duel oven, microwave and coffee machine to the other. A sink to the back of the room overlooking the garden next to a door allowing rear access to the garden. Ample countertop space with a diagonal breakfast bar complementing the natural flow of the room.

Laundry Room

19' x 7' 10"
Designated laundry room with loads of wall-mounted storage and space and plumbing for multiple washing machines/dryers along with extra fridge/freezer space. Potential to be converted back to a garage as it was originally.

Garden

Huge north-facing rear garden with ample lawn space and mature plants along each side of the boundary. A rear patio area is paved and sectioned off by a low-brick wall - a perfect space for summertime entertaining. With no development past the rear boundary, the garden is very secluded with picturesque trees past the rear fence.

Bedroom One

17' 5" x 17' 5"
A huge bedroom to the rear of the first floor totalling approximately 300 square feet including the en-suite. Dual aspect windows with two skylights and rear aspect double glazed window.

Bedroom Two

13' 9" x 11' 10"
Situated on the ground floor is this large double room with dual aspect windows and an en-suite bathroom featuring a sink, toilet and shower cubicle in excellent condition.

Bedroom Three

17' 5" x 14' 1"
Double bedroom on the first floor with dual aspect windows with both skylight and rear aspect window. En-suite bathroom featuring a sink, toilet and shower cubicle in excellent condition.

Bedroom Four

15' 1" x 10' 6"
On the ground floor with front aspect window. A large double room with built-in cabinetry and storage.

Bedroom Five

11' 6" x 10' 6"
Situated on the ground floor just off the hallway - a double bedroom with a side aspect window in great condition.

Bathroom One

8' 10" x 4' 11"
Shower room on the ground floor at the rear of the property comprising glass-block wall with shower cubicle, sink & toilet.

Bedroom Six

11' 6" x 10' 6"
Double room on the first floor with two skylights, built-in storage and a sink plumbed in.

Bedroom Seven

11' 10" x 11' 6"
Just off the top of the stairs on the first floor, this double room features three built-in storage cupboards with a sink plumbed in. Dual windows with both a skylight and side aspect window.

Bedroom Eight

16' 1" x 11' 6"
L-shaped double bedroom off the hallway on the ground floor. Rear aspect window and access to the utility/storage room which currently offers storage with access from both the front or rear of the property.

Bedroom Nine

11' 10" x 7' 3"
Situated at the end of the hallway of the ground floor this small double is presented in excellent condition and features built-in storage and a rear aspect window.

Bedroom Ten

12' 6" x 10' 6"
Large built-in storage cupboard with skylight plus side aspect window presented in great condition.

Bathroom Two

8' 10" x 6' 7"
Spacious bathroom on the first floor with sink, toilet and shower cubicle presented in excellent condition.

Utility Room

19' 8" x 8' 2
A large utility/store room with both front and rear access and internal access from bedroom eight.

Garden Store

A garden storeroom located on the east side of the property accessible from outside only - ideal for storage of garden tools and furniture.

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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