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Grange Avenue, University Area

PROPERTY TYPE

House

BEDROOMS

6

BATHROOMS

2

SIZE

1,270 sq ft

118 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • 6 Double Bedrooms
  • 3 Bathrooms
  • Large Fitted Kitchen
  • Recently Refurbished
  • 15 Minutes Walk To University

Description

**NO ONWARD CHAIN COMPLICATIONS**

Hunters Reading are pleased to offer this 6 bedroom HMO located within walking distance to Reading University & Royal Berkshire Hospital. The property presents a remarkable opportunity for investors seeking a lucrative addition to their portfolio. The property is comprised of six double bedrooms, a large fitted kitchen, spacious lounge area, two fitted bathrooms and W/C.

With a strong rental history, this property has the potential to achieve s achieving an impressive annual return on investment of over 8.5%, generating £39,600 in rent per annum. This makes it an ideal choice for those looking to secure a reliable income stream.

The property is located within easy access of local amenities, including shops, Reading University, Royal Berkshire Hospital and transport links, making it an attractive option for potential tenants. The combination of its prime location and the potential for high rental yields makes this property a compelling choice for any discerning investor.

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Brochures

Grange Avenue, University Area
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: C
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Grange Avenue, University Area

Approximate location

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Affordability

Monthly repayments£2,257
Property: £ 450,000
Deposit: £ 45,000
Interest rate: 5.33%
Term: 30 years
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Extension potential
Recently sold & under offer
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About Hunters, Reading

46 Erleigh Road Earley Reading RG1 5NA
Industry affiliations:Industry affiliation logo 0Industry affiliation logo 1Industry affiliation logo 2

Hunters started in 1992, founded on the firm principles of excellent customer service, pro-activity and achieving the best possible results for our customers. These principles still stand firm and we are today one of the UK's leading estate agents with over 200 branches throughout the country. Our ambition is to become the UK's favourite estate agent and by keeping the customer at the very heart of our business, we firmly believe we can achieve this.

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Disclaimer - Property reference 34876825. 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 Hunters, 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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