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7 bed property, in London Road, £575,000
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7 bed terraced house

London Road, Reading RG1
£575,000

Our Summary

  • Great investment opportunity to purchase a large mid-terrace house with a 7 bed HMO Licence, freehold Property with a potential income of £42,000 P/A (7

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Description

For sale at £620,000, this mid-terrace house presents a great investment opportunity with a 7 bed HMO licence, freehold property, and potential income of £42,000 per year (7.3% gross yield). The property boasts 7 spacious double bedrooms, recently refurbished throughout, large fitted kitchen/dining room, 2 shower rooms with WCs, and 3 toilets. Enjoying excellent condition, the property features double glazing (triple glazing at the front) and off-road parking for up to 3 cars.

Located in East Reading, the property is within walking distance to local parks, shops, and facilities, and benefits from good transport links to Thames Valley Park and A329(M). Currently let until June 2023, the property has a C-rated Energy Performance Certificate (EPC).