£450,000
(£522/sq. ft)
5 bed terraced house for saleNorfolk Road, Reading RG30
5 beds
2 baths
2 receptions
862 sq. ft
EPC Rating: D
Just added
Freehold
About this property
Investment opportunity
5 bedroom HMO property
Average gross rental of £3,750 pcm
10% gross yield
2 shower rooms & bathroom
Close to transport links and local convenience
Investors only - An investment opportunity to acquire this fully licensed HMO situated west of Reading town centre, offering easy access to Reading West/mainline station, local shops, and amenities. The property benefits from 5 bedrooms, a communal room, study, 2 showers, and a bathroom. The current landlord has been achieving an average gross rental of £3,750 pcm with a strong rental history.
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 "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):
Superfast - Fibre to the cabinet (fttc)
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”
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 "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):
Superfast - Fibre to the cabinet (fttc)
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”
Mortgage calculator
Monthly repayment
£2,251 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
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