Caversham Road, Reading, Berkshire, RG1
- 8 beds
- 8 baths
- 1 reception
Key Features
- Investors only
- Rare opportunity
- Eight bedroom HMO
- Eight en-suite rooms
- High rental yield
- High rental income
- No onward chain
- Superb condition throughout
Description
Situated on the popular Caversham Road, Romans are delighted to present this eight bedroom HMO with a high rental yield of 9.04% with a monthly rental of £6400, soon going up to £6850 in January bringing the rental yield to 9.67%! This makes a yearly rental income of £82,000!
The property itself is done to an extremely high standard and is currently fully occupied. The property consists of eight double bedrooms, all with en-suite bathrooms, a fully equipped kitchen with a communal seating area. There is also parking at the rear of the property - a rarity for Caversham Road!
The property has excellent transport links through Reading Train Station providing links into London via the Elizabeth Line and also a range of local bus routes. There is an array of local amenities offered close by in the centre of Reading and Caversham.
Viewings highly recommended.; Council Tax Band: D
Handy Information
-
EPC
E Rating -
Council Tax BANDS
£178.75 per month -
Broadband Speed
140 mbps
Caversham Road, Reading, Berkshire, RG1
- 8 beds
- 8 baths
- 1 reception
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