13 bedroom detached house for sale

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13 bedroom detached house for sale

Basingstoke Road, Reading, Reading, RG2
£995,000

Our Summary

  • An excellent investment opportunity, this substantial detachedHMO property offers a total of 12 individually lettable rooms across two self contained small HMO flats
  • Further scope to increase to 13 rooms subject to the necessary consents

Description

This substantial detached HMO property offers a rare investment opportunity, comprising 12 individually lettable rooms across two self-contained flats, with potential to increase to 13 rooms with necessary consents. The property is fully operational, achieving an average rental income of £600-£700 per room per month, and is offered as a turnkey asset for immediate rental returns. Situated on the well-connected Basingstoke Road, the property benefits from driveway parking, a garage block, and a mainly laid-to-lawn rear garden. With strong demand from professional tenants and commuters, this property presents a great opportunity for investors seeking immediate rental income.