5 Bed Terraced House For Sale Hemdean Road, Reading, RG4

£550,000- Terraced

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Last Updated: 27th June 2024

Description

Parkers are pleased to present this five double bedroom fully licensed HMO which generates a rental income of £42,060 resulting in an extremely healthy yield of 7.6%. The accommodation to the ground floor comprises of; entrance hall, two double bedrooms with one benefitting from an ensuite shower room, modern kitchen and a communal lounge. To the first floor you will find two further double bedrooms with one benefitting from an ensuite shower room and the communal bathroom. To the second floor there is another double bedroom with an ensuite shower room. Externally this property benefits from a private rear garden. Located within 1.2 miles of Reading mainline railway, 100 yards from Caversham High Street with a wealth of amenities. Viewing is highly recommended.

Council Tax Band C
Agent Details
Parkers
21 Church Street, Caversham, Reading, RG4 8BA

Investment Analysis

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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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Potential Return-on-Cash Invested