£725,000 /Sale price

Our latest listing is a 5-bedroom terraced house located in Reading. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated. For investors looking to expand their portfolio, this is a fantastic opportunity! The property comprises five self-contained flats, with tenants responsible for their own bills. Four of the five units are currently tenanted, with the final flat in the process of being re-let. Once fully occupied, the property is expected to generate approximately £57,000 per annum (£4,765 per month) in rental income. The current rent collected is £3,915 per month, which will increase upon full occupancy which is due to happen before the sale of the property, which therefore would make the rent £4,765 per month, making the total annual figure £57,000. For greater detail on this property's investment potential, please see the Let Property Pack linked below. If you are interested, please call us. Tenancy Details The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property. We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.