Grovelands Road, Reading, RG30

INVESTMENT OPPORTUNITY An established buy to let investment currently producing £1,300 per calendar month (£15,600 per annum) and offered for sale with an Assured Shorthold Tenancy in place, providing immediate income from completion.

At the asking price of £280,000, the property offers a gross yield of approximately 5.5%, making it an attractive addition to any investment portfolio.

The property has been occupied by the current tenant for over ten years, demonstrating a long standing and reliable rental history.

This well presented two bedroom Victorian terraced house combines period character with practical modern living and continues to prove popular with tenants.

The ground floor offers two spacious and versatile reception rooms, each benefitting from large bay windows that allow plenty of natural light into the living spaces. The main reception room features a character fireplace which creates a natural focal point and a comfortable setting for everyday living.

To the rear of the property is a bright and functional kitchen, fitted with a range of base and eye level units with generous work surfaces and space for appliances including an integrated washing machine. The kitchen provides access to the rear garden.

Upstairs the property offers two well proportioned double bedrooms, with the principal bedroom benefiting from built in wardrobe space. A modern bathroom completes the first floor and is fitted with a bath with shower over, wash hand basin and WC. A frosted window allows natural light while maintaining privacy.

Externally the property benefits from a private rear garden, providing valuable outdoor space that further enhances its appeal to tenants.

Living Room

4.12m x 3.58m

Positioned at the front of the property, this comfortable reception room features a bay window allowing plenty of natural light. A well proportioned space suitable for both seating and media furniture, with fireplace feature creating a natural focal point.

Dining Room

3.58m x 3.35m

Located to the rear of the property, the dining room provides a versatile second reception space and comfortably accommodates a dining table and chairs. The room benefits from built in storage cupboards and provides access to the kitchen and window to the rear garden, making it a practical everyday living and entertaining space.

Kitchen

4.14m x 2.16m

A galley style kitchen fitted with a range of base and eye level units with work surfaces over. Space and plumbing for white goods and a rear aspect window overlooking the garden. A practical layout offering good storage and preparation space with direct access to the rear garden.

First Floor Landing

Doors to bedrooms one and two

Bedroom 1

3.58m x 3.43m

A generous double bedroom positioned at the front of the property with tow large windows allowing good natural light. The room comfortably accommodates a double bed along with wardrobes and additional bedroom furniture as well as having built in wardrobe.

Bedroom 2

3.58m x 3.35m

A well proportioned second bedroom overlooking the rear garden, ideal as a guest room, home office or additional double bedroom.

Bathroom

2.13m x 2.01m

Family bathroom fitted with a three piece suite comprising panel enclosed bath with shower over, wash hand basin and low level WC. Rear aspect window providing natural light and ventilation.

Garden

An enclosed garden, mainly lawn with shrubs enclosed by wood panel fencing.

Disclaimer

While Bespoke Estate Agents strives to provide accurate and up-to-date information, all descriptions, photos, and videos in this advertisement are intended for illustrative purposes only and may not represent the exact condition or features of the property. Prospective buyers are advised to verify the details and arrange a viewing before making any decisions. Bespoke Estate Agents cannot be held liable for any inaccuracies or omissions. All measurements are approximate, and no warranty is given for the accuracy of the information provided. Please consult our terms and conditions for further details.