Ready cash‑flowing investment close to stations and local amenities.
Licensed 6-bedroom HMO with en suites to every room
Currently produces £54,660 gross annual income (c.10.9% yield)
Recently renovated throughout to a high standard
Walking distance to Reading West and mainline stations
Ultrafast FTTP broadband and excellent mobile signal
No off-street parking; on-street permits required and charged
Small plot with low-maintenance paved garden
Higher local crime levels; area shows deprivation indicators
This freehold Victorian end-terrace is offered as a fully licensed, six-bedroom HMO with en suites to every room — a ready-made income stream for an investor. Recently renovated to a high standard, the property combines period character (bay windows, high ceilings) with modern fittings, a contemporary kitchen, utility area and ultrafast FTTP broadband.
The house is currently producing a gross annual income of £54,660, equating to a c.10.9% gross yield at the asking price. Its location on Oxford Road places it within easy walking distance of Reading West and the mainline station, with local shops, bus routes and amenities close by, supporting strong tenant demand and high occupancy potential.
Practical considerations are stated plainly: there is no off-street parking and on-street permits are required (charges apply). The property sits on a small plot with a low-maintenance paved garden. The building is solid-brick (likely uninsulated as built) and was constructed between 1930–1949, so potential buyers should allow for standard thermal-efficiency and maintenance considerations in older stock.
The neighbourhood data shows higher crime levels and local area deprivation, which affects tenant mix and management approach. For an investor seeking a go‑concern HMO with immediate cashflow and minimal void risk, this property presents clear upside — provided the buyer is comfortable managing an HMO in this urban context and addressing ongoing maintenance and energy-efficiency work where required.
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