6 bedroom terraced house for sale

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6 bedroom terraced house for sale

College Road, Reading, Berkshire, RG6
£600,000

Price History

Initial price £625,000
04/12/24 £600,000
Price Change -4.00%

Description

This larger-than-average four-storey Victorian townhouse is located within easy reach of Reading town centre and mainline railway stations, making it an attractive investment opportunity. Currently set up as a HMO, the property generates a yearly rental return of approximately £50,000 and has a current gross rental yield of around 8%. The property features a large kitchen/living room, two shower rooms, a separate cloakroom, and six bedrooms, each with a kitchenette and one with an en-suite shower room. The property has recently undergone refurbishment and offers additional features such as driveway parking, a large rear garden, and a basement accessible from the main entrance hall, providing a high potential for rental income and a profitable investment.