Summary - 65, Wolseley Street, READING RG1 6AZ
4 bed 4 bath House of Multiple Occupation
Compact income-producing house close to major transport links for experienced investors.
Freehold four-room licensed HMO producing £33,600 per annum
End-terrace Victorian with small to medium rooms, two storeys
Each room includes ensuite shower and wash hand basin
Close to Reading Station and central amenities, strong commuter links
Fast broadband and excellent mobile signal for tenant appeal
Sold at public auction; public notice/repossession flagged
Area classified as deprived with above-average crime rates
Small plot; likely requires ongoing maintenance and possible updating
This Victorian end-of-terrace HMO is offered freehold and guided at £297,000+, with an advertised income of £33,600 pa. The building contains four lettable rooms, each with ensuite facilities, arranged over two floors — a compact, income-focused package suitable for an investor comfortable with HMO management and short turnaround sales.
Location is a clear strength: central Reading (RG1) within easy reach of Reading Station (Elizabeth Line and mainline), the Oracle shopping centre, riverside walks and local amenities. Broadband speeds are fast and mobile signal is excellent, supporting tenant demand from commuters and city workers.
Buyers should note this sale will be by public auction and there is a public notice/repossession flag. The immediate area is classified as deprived with above-average crime rates and a small plot size; these factors affect tenant mix, management intensity and potential resale. The property is terraced, period-built and appears to offer small to medium rooms with standard ceiling heights — likely requiring ongoing maintenance and periodic updating to retain HMO licensing standards.
Overall this is a straightforward, compact HMO investment with immediate income and strong transport links. It suits investors experienced in HMOs and auction purchases who accept urban management challenges and the need for routine upkeep to protect income and licence compliance.
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