Parkers - *** investment opportunity***
A substantial property that has been converted into a licensed HMO offering 8 bedrooms with a yearly return of over £40,000.
All bedrooms are currently let with the property conveniently situated close to shops, bus routes and Tilehurst train station.
Located within a short walk to shops, Waitrose, regular bus routes into Reading town centre and a 3 minute walk to Tilehurst train station with links to Paddington.
The property offers 8 bedrooms with 3 bathrooms, a separate living room, large kitchen diner and parking to the front for several vehicles.
All the bedrooms are currently let generating a monthly income of £3390pcm which equates to £40,680 and a yield of 5.7%.
The property can be sold with tenants in situ or as vacant possession.<br /><br />