No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£850,000
Added > 14 days

8 bedroom terraced house for sale

Caversham Road, Reading, Berkshire
Chain-free
Save
Terraced house
8 bed
8 bath
EPC rating: E*
1,883 sq ft / 175 sq m

Key information

Tenure: Freehold
Council tax: Band D
Broadband: Ultra-fast 1000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Tenure: Freehold
  • Investors only
  • Rare opportunity
  • Eight bedroom HMO
  • Eight en-suite rooms
  • High rental yield
  • High rental income
  • No onward chain
  • Superb condition throughout
Situated on the popular Caversham Road, Romans are delighted to present this eight bedroom HMO with a high rental yield of 9.04% with a monthly rental of £6400, soon going up to £6850 in January bringing the rental yield to 9.67%! This makes a yearly rental income of £82,000!

The property itself is done to an extremely high standard and is currently fully occupied. The property consists of eight double bedrooms, all with en-suite bathrooms, a fully equipped kitchen with a communal seating area. There is also parking at the rear of the property - a rarity for Caversham Road!

The property has excellent transport links through Reading Train Station providing links into London via the Elizabeth Line and also a range of local bus routes. There is an array of local amenities offered close by in the centre of Reading and Caversham.

Viewings highly recommended.

Property information from this agent

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    *DISCLAIMER

    Property reference CAV230195. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Romans - Caversham.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 18, 2021

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2021

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on November 15, 2017 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.