Offers over
£500,000
4 bed semi-detached house for saleMilton Road, Earley, Reading RG6
4 beds
5 baths
2 receptions
EPC Rating: C
Added on
Lansley Property Agents
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About this property
Fully Licenced Five Bedroom HMO
Fully Occupied Generating £46,500 per annum
No Onward Chain Complications
Well Presented Throughout
Sought After Location
Lansley - Offered to the market with no onward chain complications is this fully licenced five room HMO located to east of Reading town centre. The property offers an investor the opportunity to purchase a fully occupied HMO generating a rental income of £46,500 and a yield of 8.4%. Alternatively the property could easily be put back to a family home where internal accommodation could consist of four bedrooms, three bath/shower rooms on the first and second floor, front aspect lounge, open plan kitchen/dining/family room and downstairs WC. Externally to the front is driveway parking leading the a detached garage whilst to the rear is a pleasant and private garden laid mainly to lawn. Milton Road is conveniently located close to regular bus routes, Reading university, Palmer Park and a range of amenities on the Wokingham Road.
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