Summary - 106 WOLSELEY STREET READING RG1 6AY
6 bed 4 bath End of Terrace
Centrally located, income-producing 6-bed HMO close to Reading station and amenities.
Licensed 6 double-bedroom HMO with two en-suite rooms
This end-of-terrace Victorian/Edwardian-style property is presented as a fully licensed six double-bedroom HMO, offered freehold and currently let to produce a gross income of approximately £4,100 pcm (around a 9% gross yield at the asking price). The building has been tastefully modernised: a contemporary fitted kitchen, neutral communal areas, two en-suite bedrooms and additional shower rooms reduce immediate refurbishment needs and support strong rental demand close to the town centre.
Positioned within easy walking distance of Reading mainline station and the Oracle shopping centre, the house suits an investor seeking central urban HMO stock with stable commuter demand. The property totals about 1,296 sq ft, benefits from mains gas central heating, double glazing (install date unknown) and a private enclosed rear garden. Permit parking can be applied for locally.
Buyers should note material management and compliance responsibilities: the HMO licence must be maintained and routine management is required for communal areas and safety certifications. The property sits in an area described as deprived with above-average crime; this is relevant for tenant sourcing, security measures and insurance costs. Construction is solid brick with assumed limited cavity insulation, so consider future energy-efficiency works despite the current EPC C rating.
Overall this is a ready-to-let, centrally located HMO with immediate income and potential for long-term capital growth. It suits experienced landlords or investors able to manage HMO licensing and local market conditions.
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