House For Sale £365,000
Superb house of multiple occupation, fully occupied, sold as an ongoing concern having undergone recent refurbishment.
All 6 rooms currently let on individual tenancies producing a total income of £2750 per month/£33,000 per annum, offering a generous yield of 9%.
Property benefits from gas central heating in the communal areas. Each room has its own coin-operated electricity meter used on a pay-as-you-go basis by each tenant. The property comes with a new gas safety and eicr certificate. HMO licence for 6 occupants currently under renewal. Sold with no onward chain.
Check out the 3D tour and book a viewing online 24/7!
Local Area
The property is situated in a superb location in West Reading within in close proximity to Reading West train station and transport links to the town. In the opposite direction is Cow Lane which is host to a number of large employers. The location of this property is a large attraction to its occupants whom benefit from the geography of this property.
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.
All 6 rooms currently let on individual tenancies producing a total income of £2750 per month/£33,000 per annum, offering a generous yield of 9%.
Property benefits from gas central heating in the communal areas. Each room has its own coin-operated electricity meter used on a pay-as-you-go basis by each tenant. The property comes with a new gas safety and eicr certificate. HMO licence for 6 occupants currently under renewal. Sold with no onward chain.
Check out the 3D tour and book a viewing online 24/7!
Local Area
The property is situated in a superb location in West Reading within in close proximity to Reading West train station and transport links to the town. In the opposite direction is Cow Lane which is host to a number of large employers. The location of this property is a large attraction to its occupants whom benefit from the geography of this property.
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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