Summary - 20 CATHERINE STREET READING RG30 1DN
5 bed 4 bath Terraced
Turnkey investment with stable rental income and low-maintenance outdoor space.
Currently achieving c. £3,500 pcm when fully let
A robust, ready-made HMO in West Reading delivering proven income of approximately £3,500 pcm when fully let. Three bedrooms benefit from modern en-suite shower rooms, with a further communal shower, keeping tenant turnover low and management straightforward. The communal kitchen and low-maintenance rear patio garden add practical shared amenity for professionals and students.
The property is a freehold, mid-terrace Victorian build with double glazing and gas central heating. Its location within walking distance of Reading West Station, retail parks and the town centre supports sustained demand and easy lettings. On-street parking operates by permit from the council.
Buyers should note material considerations: the property sits in a high-crime, deprived area which can affect voids and insurance costs. The solid-brick walls are assumed uninsulated, so energy upgrades may be required to improve EPC and running costs. Overall internal space is described as small for the plot, and external parking is limited to street permits.
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