5 bed town house for sale

Kings Road, Reading RG1

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