£1,200,000
(£426/sq. ft)
17 bed detached house for saleSouthampton Street, Reading, Berkshire RG1
17 beds
10 baths
2 receptions
2,820 sq. ft
EPC Rating: C
Chain free
Freehold
About this property
Fully Let
Detached
Town Centre Location
HMO
No Onward Chain
Yearly Income £126,450
Good Transport Links
Local Amenities Nearby
Spacious 17-bedroom HMO | £126,420 gross annual income | 10.54% gross yield | parking | prime reading location
A fantastic opportunity to acquire a spacious and well-presented seventeen-bedroom HMO, arranged over four floors and currently generating an impressive gross annual income of £126,420.
Offered to the market at £1,200,000, the property provides an attractive gross rental yield of approximately 10.54%, making this an excellent opportunity for an investor looking to expand an existing portfolio or acquire a substantial income-producing asset.
The accommodation briefly comprises a large communal kitchen/living room and seventeen double bedrooms, with eight bedrooms benefiting from their own en-suite shower rooms. The property also benefits from dedicated parking spaces to the rear, providing valuable off-road parking for tenants who require it.
Ideally positioned just a stone’s throw from Reading town centre and Reading mainline railway station, the property benefits from excellent access to a wide range of amenities, transport links, employment hubs and the town centre.
The combination of its impressive bedroom count, strong rental income, attractive yield, tenant parking and highly convenient location makes this a particularly appealing investment opportunity for landlords and property investors seeking a substantial HMO with strong income-producing potential.
A fantastic opportunity to acquire a spacious and well-presented seventeen-bedroom HMO, arranged over four floors and currently generating an impressive gross annual income of £126,420.
Offered to the market at £1,200,000, the property provides an attractive gross rental yield of approximately 10.54%, making this an excellent opportunity for an investor looking to expand an existing portfolio or acquire a substantial income-producing asset.
The accommodation briefly comprises a large communal kitchen/living room and seventeen double bedrooms, with eight bedrooms benefiting from their own en-suite shower rooms. The property also benefits from dedicated parking spaces to the rear, providing valuable off-road parking for tenants who require it.
Ideally positioned just a stone’s throw from Reading town centre and Reading mainline railway station, the property benefits from excellent access to a wide range of amenities, transport links, employment hubs and the town centre.
The combination of its impressive bedroom count, strong rental income, attractive yield, tenant parking and highly convenient location makes this a particularly appealing investment opportunity for landlords and property investors seeking a substantial HMO with strong income-producing potential.
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£6,002 per month
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