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Real Estate · For Sale

9 bedroom semi-detached house for sale

Price

£1,350,000

Location

Howard Street, Reading RG1 · Reading · RG1 7XS · GB

Bedrooms

9

Bathrooms

9

Receptions

1

Type

houses

About this property

Grapevine Estate Agents take pleasure in bringing to the market a beautifully presented and substantial HMO investment property, ideally positioned in the very heart of Reading town centre. Currently generating an impressive income of approximately 106,000 per annum (subject to change), this outstanding property offers investors an exceptional opportunity to secure a high yielding asset in one of Berkshire’s most vibrant and well connected locations. The accommodation has been thoughtfully configured and finished to a high standard throughout, creating an attractive and comfortable environment for professional tenants. The property benefits from nine bathrooms and en suites, ensuring strong tenant appeal and continued demand. A spacious communal lounge area provides a relaxing social space, while the large and beautifully designed kitchen dining room forms the true heart of the home, offering ample preparation space, storage and room for multiple occupants to dine comfortably. Being situated just a short walk from Reading mainline station, which offers fast links into London Paddington and access to the Elizabeth Line, the property is perfectly placed for commuters. Reading town centre’s extensive range of shops, restaurants, bars and leisure facilities are all within easy reach, further enhancing the rental demand and long term investment credentials. This is a rare opportunity to acquire a fully operational and well maintained HMO in a prime central location, delivering an excellent return for investors seeking strong, consistent income in a proven rental market. Key Features Prime town centre location in Reading Approximate income of 106,000 per annum (subject to change) Nine bathrooms and en suite facilities Spacious communal lounge area Large and stunning kitchen dining room High tenant appeal and strong rental demand Walking distance to Reading mainline station Fantastic investment opportunity with excellent return potential Agents Note: In accordance with the Money Laundering Regulations mandated by the government in 2019, it is obligatory for us to verify the identity of all potential buyers. We engage the assistance of a third-party entity, Lifetime Legal, who will reach out to you directly at a mutually agreed upon time for this purpose. They will require the complete name, date of birth, and current residential address of all buyers. A nominal fee of 90, inclusive of VAT, is applicable for this service (per transaction, not per individual), payable directly to Lifetime Legal. Kindly note, we are unable to provide a memorandum of sale until the verification process is concluded

Location

Howard Street, Reading RG1 · Reading · RG1 7XS · GB