Town house for sale in Kings Road, Reading RG1
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Property features
- Investment Opportunity
- Unlicenced HMO
- Future potential for 5 rooms & a self contained studio
- Walking distance to the town centre and hospital
- Current gross annual income of £34,000.
- Walking distance of town centre and mainline station
Property description
An investment opportunity situated in a prime town centre location, ideal for both proximity to the train station and within walking distance Reading College. A substantial four storey townhouse which is currently let as an unlicenced HMO. Offered for sale with tenants in situ and we are informed produces a gross annual rental income of approximately £34,000.
Additional Information:
Parking
On-street parking requires residents and visitors permits which are issued upon application by Reading Borough Council, charges apply, for an up to date list of charges please check "permit charges"
Property construction – Standard form
Services:
Gas - mains
Water – mains
Drainage – mains
Electricity - mains
Heating - Gas central heating
Broadband connection available (information obtained from Ofcom):
Ultrafast – Fibre to the premises (FTTP)
Mobile phone coverage
For an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”
Rental Schedule
The current landlords run the property as an unlicensed HMO. Apart from the basement studio the tenants have shared use of the building, all utilities are paid by the landlord and included in the rent:
Basement studio flat - £1000 per month
Room 1 - Living space
Room 2 - Empty
Room 3 - £550 per month
Room 4 - £650 per month
Room 5 -£600 per month
Property info
For more information about this property, please contact
Haslams Estate Agents, RG1 on +44 118 443 9283 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Haslams Estate Agents, and do not constitute property particulars. Please contact Haslams Estate Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.