LOT 2 · RESIDENTIAL PROPERTY
65 Wolseley Street
Reading, RG1 6AZ
A Four Room Licensed End of Terraced HMO Producing £33,600 per annum
Property description
The property comprises a four room licensed HMO situated in a terraced building arranged over ground and first floors. We have been advised from the seller that the annual rental income is producing £33,600 per annum.
Accommodation
Ground Floor
Kitchen
Two Rooms with Ensuite Shower Rooms and Wash Hand Basin
First Floor
Two Rooms with Ensuite Shower Rooms and Wash Hand Basin
Location
65 Wolseley Street is ideally located in Reading, RG1, within easy reach of Reading Station (Elizabeth Line and mainline services) providing fast links to Central London and beyond. The Oracle shopping centre, local amenities, and riverside walks along the Kennet are all nearby, with Forbury Gardens also close at hand.
Run the Numbers
Explore rental returns and monthly repayments for this property.
Your rental returns
- Gross yield
- 11.3%
- Net yield
- 11.3%
- Annual income
- £33,600
Net yield deducts your annual running costs, before tax and finance.
Yields use the purchase price and assume 12 months’ rent. Include maintenance, insurance, management and vacancy allowances in annual costs. Tax, finance and purchase fees are excluded.
Illustrative estimates only, not financial advice or a lending offer. Confirm funding and the completion deadline before bidding.
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Accuracy & Property Condition
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Withdrawn or Pre-Sold Lots
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