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London Road, Reading, RG1

£450,000
Reduced on 24/09/2021
Purplebricks, covering Reading
PROPERTY TYPE
Terraced
BEDROOMS
×5
BATHROOMS
×2

Key features

  • LICENCED HMO
  • Certificate Of Lawfulness 5 Person /5 Bedroom C4
  • Victorian Terraced House
  • Communal Lounge
  • Modern Large Kitchen
  • Two Bathrooms
  • Low Maintenance Garden
  • Very Close To Palmer Park
  • Off Road Parking

Property description

Tenure: Freehold

The Property
*SEE THE VIDEO*

SUPERB INVESTMENT OPPORTUNITY WITH AN ESTABLISHED C4 HMO LICENCED PROPERTY!! We are delighted to be selling 14 properties for one client with each property being sold individually. Having been well run and maintained for many years these properties all have a Certificate of Lawfulness and great records of occupancy and rental levels attracting primarily student and young professional tenants.

This property has 5 double bedrooms with a communal living room, kitchen and two bathrooms plus WC, all well presented. Other attractive features include off road parking to the front for at least two cars, and Palmer Park is literally over the road.

The property currently provides a monthly rental income of £2,200 per month which equates to almost a 5.55% yield at the asking price.

Attractively priced to reflect the fair value we expect a lot of interest, so recommend you book your viewing online as soon as possible. To do so SIMPLY DOWNLOAD OUR AWARD-WINNING APP AND BOOK ONLINE 24/7!!

Local Area
The property is located close to local shops and amenities, schools and transport links. The M4, A33 and A329M are also located within a short drive.

The property is less than a 10-minute walk from the River Thames path allowing you to walk into town or cycle to work at the Thames Valley Park.

Just over the road the popular Palmer Park public space and there are numerous bus services to Reading and surroundings.

Lounge
15'1" x 11'6"
The communal lounge space is well set up, with modern wood flooring, door to under stairs cupboard, double glazed window to garden with large opening to communal kitchen space.

Kitchen
14'5" x 9'2"
The communal kitchen is a large space comprising a range of floor and wall mounted 'Shaker' style kitchen units with roll to worksurfaces incorporating two bowl stainless steel sink and drainer with mixer tap, integrated oven and hob with extractor hood over, space an plumbing for washing machine, dishwasher, tumble drier, fridge and separate feature.

Another nice feature in this room is the breakfast bar and there is double glazed window and door to garden.

Bedroom One
14'5" x 11'6"
Set on the ground floor this large room has a double glazed bay window to front with secondary glazing, fitted carpet, built in storage, with plenty of space for double bed, desk and storage.

Bedroom Two
15'1" x 12'2"
The second double bedroom is set on the first floor with an attractive treetop view from double glazed window with secondary glazing, built in storage, with plenty of space for double bed, desk and additional storage.

Bedroom Three
11'10" x 11'6"
The third double bedroom is also set on the first floor, this one enjoying a garden view from double glazed window, with plenty of space for double bed, desk and storage plus extra built in storage.

Bedroom Four
12'2" x 10'10"
Set on the second floor the fourth double bedroom with a lovely treetop view to the front from double glazed window with secondary glazing, plenty of space for double bed, desk and lots of storage.

Bedroom Five
12'6" x 11'6"
Also set on the send floor the fifth double bedroom has a view over the garden and roof tops from double glazed window, once again plenty of space for double bed, desk and fitted storage.

Bathroom
4'11" x 3'11"
Set on the second floor this great bathroom has a lovely skylight window over the bath, so you can relax and watch the sky at night! Panel enclosed bath with wall mounted wash hand basin and tiled walls.

Shower Room
9'2" x 5'11"
Set on the first floor the shower room has a large shower enclosure with rainfall shower over, concealed flush WC, vanity wash hand basin with storage plus additional storage, tiled walls, with opaque double glazed window to garden and door to garden and fire escape. stairs also leading to garden.

Cloak Room
Set next to the shower room this extra cloakroom comprises a low flush WC, wall mounted wash hand basin and opaque double glazed window to side.

Front Garden
The front garden is mainly laid to hard standing providing off street parking for at least two cars.

Rear Garden
The low maintenance rear garden is mainly laid to shingle with cement path in the centre leading to a rear gate, making access with bikes easy at the rear. In addition there is a brick built shed for storage to the rear of the property.

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.

If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Brochures

Brochure
Energy Performance Certificates

London Road, Reading, RG1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Reading Station1.2 miles
  • Earley Station1.5 miles
  • Reading West Station2.0 miles
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About the agent

Purplebricks, covering Reading

Suite 7 First Floor Cranmore Drive Shirley Solihull B90 4RZ

Purplebricks is one of the UK’s largest estate agents. We’re proud to say we’ve revolutionised the way people buy, sell and let property across the globe, by making it fairer, more transparent and 24/7 convenient. Our customers love how we combine the personal touch of Local Property Experts with cutting edge technology and a central support team that puts them in control of their sale. Best of all, we charge a fair, fixed fee – there’s no commission with Purplebricks.

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Disclaimer - Property reference 1211249-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Purplebricks, covering Reading. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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