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No longer on the market

This property is no longer on the market

EE Rating

5 bedroom townhouse

Sold STC
Townhouse
5 beds
3 baths
1506
EPC rating: D
Added > 14 days

Key information

TenureFreehold
Council taxBand C
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Investment Opportunity
  • Unlicenced HMO
  • Future potential for 5 rooms & a self contained studio
  • Walking distance to the town centre and hospital
  • Current gross annual income of £34,000.
  • Walking distance of town centre and mainline station
An investment opportunity situated in a prime town centre location, ideal for both proximity to the train station and within walking distance Reading College. A substantial four storey townhouse which is currently let as an unlicenced HMO. Offered for sale with tenants in situ and we are informed produces a gross annual rental income of approximately £34,000.

Additional Information: - Parking
On-street parking requires residents and visitors permits which are issued upon application by Reading Borough Council, charges apply, for an up to date list of charges please check reading.gov.uk "permit charges"

Property construction – Standard form
Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating

Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)

Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”

Rental Schedule - The current landlords run the property as an unlicensed HMO. Apart from the basement studio the tenants have shared use of the building, all utilities are paid by the landlord and included in the rent:
Basement studio flat - £1000 per month
Room 1 - Living space
Room 2 - Empty
Room 3 - £550 per month
Room 4 - £650 per month
Room 5 -£600 per month

Property information from this agent

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About this agent

Haslams Estate Agents  - Reading
Haslams Estate Agents - Reading
159 Friar Street Reading, Berkshire RG1 1HE
0118 443 9546
Full profileProperty listings
Haslams Estate Agents is a multi-award-winning agent located in the heart of Reading town centre. With over a lifetime's experience, Haslams has been trusted to sell and let homes around the Thames Valley since 1838. Our team of industry professionals have extensive knowledge in the Reading property market and all live around the area, allowing for up-to-date, expert advice. Whether you are looking to buy, sell, rent or let your home, a member of our accomplished team is available to help with all your property needs. Want to know how much your property is worth? Call us to get a free market appraisal today.
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