House For Sale £900,000
*see the video*
superb investment opportunity with two side-by-side established C4 HMO licenced properties! 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.
In this case, we are selling two semi-detached properties next to one another, number 2 and number 4 Amity Road which are individually two 5 bed licenced HMO's with parking and garage to the rear.
Each property has 5 double bedrooms with a communal living room, kitchen and two bathrooms all well presented. Other attractive features include both being semi-detached with a double garage and six parking spaces via side access to the rear.
Each property currently provides a monthly rental income of £1,950 per month, totalling £3,900 per month which equates to almost a 5.2% 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
The property is located close to local shops and amenities, schools and transport links. The M4, A33 and A329M are also located within a short drive.
The property is less than a 10-minute walk from the River Thames path allowing you to walk into town or cycle to work at the Thames Valley Park. A 10-minute walk in the opposite direction takes you to the popular Palmer Park public space and there are numerous bus services to Reading and surroundings.
Living Room
12'2" x 11'6"
A bright living space with modern wood flooring, double glazed window to garden, radiator and door to under stairs cupboard.
Kitchen
14'1" x 7'10"
A large modern kitchen comprising a range of floor and wall mounted cream units with modern work surface incorporating one and a half bowl stainless steel sink and drainer, integrated oven and hob with extractor over, space and plumbing for fridge, freezer, washing machine, tumble drier and dishwasher. This well-lit space has three double glazed windows and a door to the garden.
Bedroom One
11'6" x 11'2"
The first double bedroom is set on the lower ground floor, with a decent ceiling height, fitted carpet with plenty of space for a double bed, storage and large desk. This room has a door/window providing direct access to the garden.
Bedroom Two
11'10" x 11'2"
The second double bedroom is set on the ground floor, with a large double glazed window to front, fitted carpet and plenty of space for a double bed, desk and storage.
Bedroom Three
14'9" x 11'10"
The third double bedroom is also set on the ground floor and is a large room, with two large double glazed windows to front, fitted carpet and plenty of space for a double bed, desk and storage.
Bedroom Four
12'2" x 8'10"
The fourth double bedroom is set on the first floor, with a large double glazed window to garden, fitted carpet and plenty of space for a double bed, desk and storage.
Bedroom Five
15'9" x 14'5"
The fifth bedroom is set in the attic conversion providing an irregular, quirky space with an array of skylight windows, fitted carpet and lots of areas and spaces for bed, desk and storage.
Bathroom
8'6" x 7'7"
Set on the first floor this 4 piece bathroom comprises a panel enclosed bath, separate shower cubicle, low flush WC, pedestal wash hand basin with opaque double glazed window.
Shower Room
4'11" x 4'7"
Also set on the first floor and adjacent to the main bathroom this handy extra shower room consists of a shower cubicle, low flush WC, wash hand basin and opaque double glazed window.
Garden
The low maintenance garden comprises a patio and gravel area, all secure fences enclosed with secure gated side access, which is very handy if you use a bike.
Separate Property
4 Amity Road:
There is a more detailed advert with the fullest info under 4 Amity Road however the brief description is:
Property:
This semi-detached property has 5 double bedrooms with a communal living room, kitchen and two bathrooms all well presented. Other attractive features include access to the rear from a side road, ideal for bikes etc..
The property currently provides a monthly rental income of £1,950 per month which equates to almost a 5.2% yield at the asking price.
Living:
14'5" x 9'6"
Set on the lower ground floor this communal space is well lit with a double glazed bay window to front, modern wood flooring, radiator and ceiling light, with plenty of space for communal seating and dining.
Kitchen:
12'2" x 9'2"
Also set on the lower ground floor the modern kitchen comprises a modern range of white gloss floor and wall mounted units with roll top work surfaces, integrated oven with hob and extractor, inset sink and drainer with mixer tap and plenty of space and plumbing for fridge/freezer, and dishwasher. Plenty of space for dining table and chairs neatly finished with flush-mounted ceiling spotlight and door and window to garden.
Utility
5'11" x 5'7"
The utility room is set behind the kitchen with space and plumbing for the washing machine and tumble drier.
Bedrooms:
There are 5 double bedrooms with full descriptions under the separate advert for No. 4
Bathrooms:
This property has two bathrooms, one a full 4 piece bathroom and the other a modern shower room.
Garden:
A great low maintenance garden set with blocked paving, plenty of space for table and chairs with an additional benefit of a rear access gate, ideal if your tenants have pushbikes.
Off Road Parking
Set to the rear of the property there are 6 parking spaces plus a detached garage, accessed via a side road.
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.
superb investment opportunity with two side-by-side established C4 HMO licenced properties! 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.
In this case, we are selling two semi-detached properties next to one another, number 2 and number 4 Amity Road which are individually two 5 bed licenced HMO's with parking and garage to the rear.
Each property has 5 double bedrooms with a communal living room, kitchen and two bathrooms all well presented. Other attractive features include both being semi-detached with a double garage and six parking spaces via side access to the rear.
Each property currently provides a monthly rental income of £1,950 per month, totalling £3,900 per month which equates to almost a 5.2% 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
The property is located close to local shops and amenities, schools and transport links. The M4, A33 and A329M are also located within a short drive.
The property is less than a 10-minute walk from the River Thames path allowing you to walk into town or cycle to work at the Thames Valley Park. A 10-minute walk in the opposite direction takes you to the popular Palmer Park public space and there are numerous bus services to Reading and surroundings.
Living Room
12'2" x 11'6"
A bright living space with modern wood flooring, double glazed window to garden, radiator and door to under stairs cupboard.
Kitchen
14'1" x 7'10"
A large modern kitchen comprising a range of floor and wall mounted cream units with modern work surface incorporating one and a half bowl stainless steel sink and drainer, integrated oven and hob with extractor over, space and plumbing for fridge, freezer, washing machine, tumble drier and dishwasher. This well-lit space has three double glazed windows and a door to the garden.
Bedroom One
11'6" x 11'2"
The first double bedroom is set on the lower ground floor, with a decent ceiling height, fitted carpet with plenty of space for a double bed, storage and large desk. This room has a door/window providing direct access to the garden.
Bedroom Two
11'10" x 11'2"
The second double bedroom is set on the ground floor, with a large double glazed window to front, fitted carpet and plenty of space for a double bed, desk and storage.
Bedroom Three
14'9" x 11'10"
The third double bedroom is also set on the ground floor and is a large room, with two large double glazed windows to front, fitted carpet and plenty of space for a double bed, desk and storage.
Bedroom Four
12'2" x 8'10"
The fourth double bedroom is set on the first floor, with a large double glazed window to garden, fitted carpet and plenty of space for a double bed, desk and storage.
Bedroom Five
15'9" x 14'5"
The fifth bedroom is set in the attic conversion providing an irregular, quirky space with an array of skylight windows, fitted carpet and lots of areas and spaces for bed, desk and storage.
Bathroom
8'6" x 7'7"
Set on the first floor this 4 piece bathroom comprises a panel enclosed bath, separate shower cubicle, low flush WC, pedestal wash hand basin with opaque double glazed window.
Shower Room
4'11" x 4'7"
Also set on the first floor and adjacent to the main bathroom this handy extra shower room consists of a shower cubicle, low flush WC, wash hand basin and opaque double glazed window.
Garden
The low maintenance garden comprises a patio and gravel area, all secure fences enclosed with secure gated side access, which is very handy if you use a bike.
Separate Property
4 Amity Road:
There is a more detailed advert with the fullest info under 4 Amity Road however the brief description is:
Property:
This semi-detached property has 5 double bedrooms with a communal living room, kitchen and two bathrooms all well presented. Other attractive features include access to the rear from a side road, ideal for bikes etc..
The property currently provides a monthly rental income of £1,950 per month which equates to almost a 5.2% yield at the asking price.
Living:
14'5" x 9'6"
Set on the lower ground floor this communal space is well lit with a double glazed bay window to front, modern wood flooring, radiator and ceiling light, with plenty of space for communal seating and dining.
Kitchen:
12'2" x 9'2"
Also set on the lower ground floor the modern kitchen comprises a modern range of white gloss floor and wall mounted units with roll top work surfaces, integrated oven with hob and extractor, inset sink and drainer with mixer tap and plenty of space and plumbing for fridge/freezer, and dishwasher. Plenty of space for dining table and chairs neatly finished with flush-mounted ceiling spotlight and door and window to garden.
Utility
5'11" x 5'7"
The utility room is set behind the kitchen with space and plumbing for the washing machine and tumble drier.
Bedrooms:
There are 5 double bedrooms with full descriptions under the separate advert for No. 4
Bathrooms:
This property has two bathrooms, one a full 4 piece bathroom and the other a modern shower room.
Garden:
A great low maintenance garden set with blocked paving, plenty of space for table and chairs with an additional benefit of a rear access gate, ideal if your tenants have pushbikes.
Off Road Parking
Set to the rear of the property there are 6 parking spaces plus a detached garage, accessed via a side road.
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.
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