FULLY OPERATIONAL HMO, READING – £56,100 annual income
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9 BEDROOM, 6 BATHROOM HMO IN CENTRAL READING LOCATION.
Offered for sale from a private portfolio exclusively through Redbrick Wealth, this fully licensed and operational 9 bed HMO in central Reading is for sale with tenants in situ, already generating an income of £56,100 per year. In superb condition with additional development potential, this investment offers an attractive income with a solid tenant demand, in a thriving town which will be on the Crossrail link straight into central London.
* 3% Stamp Duty PAID *
Key benefits of this investment:
✓ Purchase Price £775,000
✓ Already generating annual income of £56,100
✓ Gross Yield of 7%
✓ Close proximity to Reading mainline station
✓ Good scope to increase rental income
✓ Sought after no-through road location
✓ Fully occupied with tenants in situ
✓ High local rental demand
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