Summary - 2, MILL GREEN, READING, CAVERSHAM RG4 8EX
5 bed 5 bath House of Multiple Occupation
Strong rental yield near Reading station and riverside amenities.
Five licensed en-suite rooms producing £43,080 per annum
Freehold end-of-terrace HMO with ground and first floors
Short walk to Reading Station and riverside amenities
Includes garden and single garage for tenant/storage use
Requires roof repairs and general updating throughout
Medium flood risk; buyers should obtain insurance advice
Sold at public auction — legal pack available for review
Guide price £383,000+, auction 30th September
A five-room licensed end-of-terrace HMO offered freehold, currently producing £43,080 pa from en-suite let rooms. The layout includes two ground-floor rooms and three first-floor rooms, each with private shower and basin, reducing management friction and appealing to lettings demand.
Located in Caversham, Reading (RG4) it is an investor-focused buy: a short walk to Reading Station (Elizabeth Line and mainline services) and close to riverside amenities, shops and parks. The property includes a garden and a garage, useful for tenant benefits or ancillary storage.
This is a sold-at-auction opportunity with a guide price of £383,000 (auction 30th September). The sale is accompanied by a legal pack — bidders should review it before bidding. The building shows dated elements and roof issues noted; the property will benefit from maintenance and targeted refurbishment to protect income and add value.
Practical considerations: medium flood risk in the area, average local crime, and an affluent neighbourhood profile with fast broadband and excellent mobile signal. Suitable for buy-to-let investors seeking immediate income and upside through repair and management improvements.
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