Chain-free HMO close to university and hospital with strong rental upside.
Chain-free five-bed HMO centrally located to university and hospital
Brand-new kitchen and newly fitted bathroom — recently renovated
Advertised potential rent ~£2,750pcm; seller cites >8% gross ROI
Single main bathroom for five bedrooms; only one WC on first floor
Small overall size and compact rooms across three storeys
Large easy-maintenance rear garden; permit on-street parking only
Solid brick Victorian build (c.1900–1929); likely no wall insulation
Fast broadband, excellent mobile signal; council tax affordable
This chain-free, three-storey mid-terrace sits in a popular Reading neighbourhood close to the Royal Berkshire Hospital and Reading University — an area used by students and professionals. The property has been freshly updated with a brand-new kitchen and bathroom, making it lettable immediately for investors or move-in ready for an owner-occupier.
Currently configured as a five-bedroom HMO, the layout is optimised for rental yield and could realistically achieve the advertised circa £2,750pcm, which the seller cites as just over an 8% gross return. The house benefits from fast broadband, excellent mobile signal, and permit parking to the front — practical features for tenants and sharers.
Buyers should note material limitations: there is a single main bathroom plus a first-floor WC for five bedrooms, and the plot and internal rooms are compact. The property is a solid-brick Victorian build (c.1900–1929) with assumed lack of wall insulation — any buyer planning long-term occupation or energy upgrades should factor retrofit costs into budgets.
Overall this is a straightforward, low-complexity purchase for an investor seeking an HMO addition or for an owner wanting a renovated period home near major local employers and campuses. The combination of recent internal works and a sought-after location offers immediate income potential, while modest external space and single-bathroom logistics remain the main trade-offs.