Guide price
£475,000
5 bed town house for saleMeadow Way, Caversham RG4
5 beds
1 bath
1 reception
EPC Rating: B
Just added
Freehold
About this property
Grapevine Estate Agents take pleasure in bringing to the market a substantial and well presented five bedroom HMO property, tucked away within a quiet non through location and ideally positioned within comfortable walking distance of Reading town centre and Reading Station.
Currently operating as a successful House in Multiple Occupation, the property generates an impressive annual income of approximately £38,580, making it a highly attractive turnkey investment opportunity for landlords seeking immediate and reliable returns.
Internally, the accommodation is arranged to maximise rental appeal, with five well proportioned bedrooms complemented by modern communal areas and contemporary fittings throughout. The property has been thoughtfully maintained and updated, providing tenants with a comfortable and practical living environment while ensuring ease of management for an investor.
The location is a key selling point, offering excellent access to Reading Station with its fast and frequent services to London Paddington, along with the Elizabeth Line, making it particularly appealing to professional tenants. Reading town centre, local shops, cafes, supermarkets and everyday amenities are all close at hand, yet the property enjoys a quieter setting away from main roads.
This is a fantastic opportunity to acquire a well established HMO in one of the Thames Valley’s strongest rental markets, offering both immediate income and long term capital growth potential.
Key Features
Five bedroom HMO investment property
Currently generating approximately £38,580 per annum
Strong rental demand location
Walking distance to Reading town centre
Walking distance to Reading Station and Elizabeth Line services
Quiet non through road position
Modern fittings and well maintained accommodation
Close to local shops, amenities and transport links
Ideal turnkey investment opportunity
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 £85, 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
Currently operating as a successful House in Multiple Occupation, the property generates an impressive annual income of approximately £38,580, making it a highly attractive turnkey investment opportunity for landlords seeking immediate and reliable returns.
Internally, the accommodation is arranged to maximise rental appeal, with five well proportioned bedrooms complemented by modern communal areas and contemporary fittings throughout. The property has been thoughtfully maintained and updated, providing tenants with a comfortable and practical living environment while ensuring ease of management for an investor.
The location is a key selling point, offering excellent access to Reading Station with its fast and frequent services to London Paddington, along with the Elizabeth Line, making it particularly appealing to professional tenants. Reading town centre, local shops, cafes, supermarkets and everyday amenities are all close at hand, yet the property enjoys a quieter setting away from main roads.
This is a fantastic opportunity to acquire a well established HMO in one of the Thames Valley’s strongest rental markets, offering both immediate income and long term capital growth potential.
Key Features
Five bedroom HMO investment property
Currently generating approximately £38,580 per annum
Strong rental demand location
Walking distance to Reading town centre
Walking distance to Reading Station and Elizabeth Line services
Quiet non through road position
Modern fittings and well maintained accommodation
Close to local shops, amenities and transport links
Ideal turnkey investment opportunity
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 £85, 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
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Monthly repayment
£2,376 per month
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