A large, extended Victorian HMO presented in good order throughout located close to Reading town centre offered for sale with no onward chain.
The property is currently set up as a licensed seven bedroom HMO and offers a return of 10.6% at the asking price when fully let. Location is convenient for the Hospital, University and Thames Valley Business Park. Near bus routes and within 20 minutes walk of the Town Centre via the pleasant pathways alongside the River Kennet.
Further benefits include a new boiler, off street parking for several cars and the property is set behind hedges and brick walls giving a sense of privacy. The main part of the house comprises five bedsits of generous proportions each with its own kitchen area.
Three bedsits are licenced for two people and the other two are licenced for single occupation. The bedsits share two toilets with two showers. A new toilet installed and a second currently being installed.
SOME KEY FEATURES ABOUT London Road:
Reading is one of the most popular and busiest towns in the whole of Berkshire. There is a wide range of local amenities, leisure facilities, shopping complexes and an active social scene, all just minutes from your doorstep.
Reading is home to a wide range of multi-national blue chip corporations, which provides an abundance of employment opportunities, not to mention the social and economic benefits of having large, influential companies locally. You’ll find few other towns in the area, with such fantastic commuter links to London centre, that offer the same quality of living and opportunities that Reading does.
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