Summary -
ATTIC FLAT,15 ZINZAN STREET,READING,RG1 7UG
RG1 7UG
5 bed 5 bath Terraced
Five flats with established rents and clear refurbishment upside.
Five self-contained flats generating immediate rental income
This substantial mid-terraced Victorian townhouse on Zinzan Street is offered as a five-unit buy-to-let block with immediate income and clear upside. Four of the five self-contained flats are currently tenanted; the fifth is being re-let and full occupancy is expected before sale, providing projected annual rental income of approximately £57,000 (current collected rent £3,915 pcm).
The property is freehold, approximately 1,518 sq ft in total and situated in central RG1, close to local amenities, public transport and schools. The building’s traditional red-brick shell and inner-city location support steady tenant demand, making it suited to portfolio investors or developers who can manage multi-let stock.
Notable practical points: the site has only a small rear garden and on-street parking; internal condition and services are not fully documented and some refurbishment or management input may be required. The area records higher crime rates and broader local deprivation, which can affect lettings and management costs. A buyer’s premium will apply to secure the sale.
Tenancies are long-standing with tenants wishing to remain, which offers stable income but may limit vacant possession options. A Let Property Pack is available for detailed income, tenancy and expenditure figures; purchasers should review these and carry out full legal, survey and compliance checks (electrical, gas, fire safety and HMO licensing where applicable).
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