Lot 5 - 280 Kings Road, Reading, Reading, RG1 4HP
- Unconditional Online Auction Sale
- Guide Price* : £400,000
- Bedrooms: 5
- Bathrooms: 2
Investment HMO with Five Large Bedrooms And A Separate Studio Flat.
Description
Investment HMO town house.
5 Large Double bedrooms, shared kitchen breakfast room leading to garden, with WC.
1 bathroom, 1 shower room.
Separate basement studio flat separate shower room, with its own access.
Bills are included in the rent. Permit Parking available.
This is to be sold as an investment property with tenants in situ.
Tenure
Freehold
Accommodation
5 double bedrooms
Shared kitchen breakfast room leading to garden
1 shower room
1 bathroom
WC
Separate basement studio flat with separate shower room.
Private access.
Permit parking available
Location
This property is located in a residential area opposite University of Reading and College. There are a few local shops. The Main shopping area and Reading Train Station (Elizabeth Line, GWR, Cross Country, South Western) is a 20 minute walk away. Thames Water Park is a 30 minute walk or a 9 minute drive.
Tenancy
Current rent reserved £34,200 per annum for the 5 rooms.
Current reserved rent £13,200 per annum for the studio flat.
Totalling £47,400 per annum.
To be sold with tenants AST.
Sector
Residential
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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