Description
- Two bedroom Victorian terrace
- Sold with tenant in situ let on an Assured Shorthold Tenancy
- Currently achieving £1,300 PCM
- Approx 5.5% gross yield at asking price
- Two reception rooms
- Galley style kitchen
- First floor bathroom
- Desirable Road West Reading/Tilehurst Borders
- Turnkey investment opportunity
- Private rear garden
An established buy to let investment currently producing £1,300 per calendar month (£15,600 per annum) and offered for sale with an Assured Shorthold Tenancy in place, providing immediate income from completion. This well maintained two bedroom Victorian terraced house offers two reception rooms, a fitted kitchen, first floor bathroom and a private rear garden. The property has been occupied by the current tenant for over ten years, demonstrating a stable and consistent rental history. At the asking price of £280,000, the property offers a gross yield of approximately 5.5%, making it a strong turnkey addition to a rental portfolio.
INVESTMENT OPPORTUNITY An established buy to let investment currently producing £1,300 per calendar month (£15,600 per annum) and offered for sale with an Assured Shorthold Tenancy in place, providing immediate income from completion.
At the asking price of £280,000, the property offers a gross yield of approximately 5.5%, making it an attractive addition to any investment portfolio.
The property has been occupied by the current tenant for over ten years, demonstrating a long standing and reliable rental history.
This well presented two bedroom Victorian terraced house combines period character with practical modern living and continues to prove popular with tenants.
The ground floor offers two spacious and versatile reception rooms, each benefitting from large bay windows that allow plenty of natural light into the living spaces. The main reception room features a character fireplace which creates a natural focal point and a comfortable setting for everyday living.
To the rear of the property is a bright and functional kitchen, fitted with a range of base and eye level units with generous work surfaces and space for appliances including an integrated washing machine. The kitchen provides access to the rear garden.
Upstairs the property offers two well proportioned double bedrooms, with the principal bedroom benefiting from built in wardrobe space. A modern bathroom completes the first floor and is fitted with a bath with shower over, wash hand basin and WC. A frosted window allows natural light while maintaining privacy.
Externally the property benefits from a private rear garden, providing valuable outdoor space that further enhances its appeal to tenants.
Floorplan
EPC
To discuss this property call our Reading branch:
Check out our Mortgage Tools
Market your property
with Bespoke Estate Agents
Book a market appraisal for your property today. Our virtual options are still available if you prefer.
