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6 bedroom terraced house for sale
College Road, Reading, Berkshire, RG6
£625,000
College Road, Reading, Berkshire, RG6
£625,000
Our Summary
- Having recently undergone refurbishment by the current owner, the current gross rental yield is approaching 8% and has the potential to increase this far beyond to make an even more profitable investment
Description
This four-storey Victorian townhouse in Reading is a rare investment opportunity, currently set up as a HMO with a yearly rental return of approximately £50,000. The property boasts a large kitchen/living room, two shower rooms, a separate cloakroom, and six bedrooms, each with its own kitchenette, including one with an en-suite shower room. The property has recently undergone refurbishment, yielding a gross rental return of around 8% and offering potential for further growth. The property also features driveway parking, a large rear garden, and a basement accessible from the main entrance hall, making it an attractive option for an investment buyer looking to add to their portfolio.