House For Sale £650,000
Oak Tree Corner is a substantial detached property available as a fully let 8 bedroom licensed HMO generating in excess of £40,000 annual rental income. Conveniently located a short walk to Tilehurst Train Station with its direct links to Reading and London Paddington, on good bus routes and close to local shops, including Waitrose, and a host of local amenities. Formerly a grand family house the property was converted into an HMO in 2015 and has been let since but does have scope to convert back into a family home again or buy as a income generating investment. The ground floor, entered via a grand entrance hall has been extended and currently has two generous bedrooms which could be turned back into a living room and family room. There is a living area which opens into a spacious kitchen/diner, another reception room/hall and a shower room which doubles as a laundry and has external access to the side of the house. On the first floor there are four double bedrooms and a bathroom. The top floor has two further bedrooms, a shower room, separate wc and a large landing which could be utilised as study space. There is off road parking to the front for at least four cars and a private rear garden. The house also has solar panels operating under the governments fit (feed-in tariff) program improving the running cost for the property. This extensive property, offering over 2500 sq. Ft. Of living accommodation will make an excellent turn-key investment or a 6-7 bedroom family home in a great location.
