£950,000
12 bed detached house for saleBasingstoke Road, Reading, Berkshire RG2
12 beds
12 baths
1 reception
Prospect - Reading
.png){kind=logo}
About this property
Detached HMO
12 Bedrooms
12 Bath/Shower Rooms
Ample Driveway Parking
Detached Double Garage
Close To Transport Links
£98,000 Yearly Income
Easy Access To M4
No onward chain complications
Set to the South of Reading and within easy reach of both Wokingham and Reading town centres, this well-established detached HMO generates an annual income of £98,000 per year. The property is split into two flats each comprising of 6 bedrooms. There is also scope for bringing into use a 7th bedroom in the upstairs flat subject to planning / HMO licensing.
Ideal for an investment buyer looking to add to their portfolio, the accommodation is set over three floors and briefly comprises: Twelve bedrooms, twelve bath/shower rooms and a modern kitchen and communal living space.
Externally, there is ample driveway parking and side access, whilst to the rear, there is a large garden, external office and detached double garage which could be converted in to a self-contained studio, which would then generate additional income.
Close to Reading mainline railway station and a host of shops and other transport links, the property is perfect for commuting into the city.
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.