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superb investment opportunity with established C4 & sui generis HMO licenced properties! We are delighted to be selling 14 properties for one client with each property being sold individually. Having been well run and maintained for many years these properties all have a Certificate of Lawfulness and great records of occupancy and rental levels attracting primarily student and young professional tenants.
We have two side by side 3 storey semi-detached properties and a parcel of adjacent land.
This unique opportunity comprises 12 Christchurch Road which is currently being renovated to provide 8 large bedrooms with en-suite bathrooms together with a large communal kitchen/living area.
14 & 14A Christchurch Road is split into two flats with a total of 11 bedrooms. The property currently operates as two separate C4 HMOs fully let and sold as an ongoing concern on one freehold title. Both properties are well presented and currently provide a monthly rental income of £4,100 which equates to a 6.15% yield at the asking price
The parcel of land adjacent could be used as valuable additional parking or may be suitable for a separate dwelling subject to planning.
Due to the nature and location of this site, it could also be considered for commercial usage; again subject to planning.
Perfectly situated for students in between Whiteknights Campus main entrance and Reading town centre. The parade of shops nearby offers every kind of takeaway cuisine along with a host of other amenities. Bus links outside the property offer easy access to the Town Centre and M4 junction 11.
Attractively priced to reflect the fair value we expect a lot of interest, so recommend you book your viewing online as soon as possible. To do so simply download our award-winning app and book online 24/7!
Situated in a prime location in between the town centre and the main entrance to Whiteknights university campus. Whitley Street is just on the doorstep and offers ample amenities with every kind of cuisine imaginable and regular bus links in and out of town.
Following descriptions relate to No 14, No. 12 is described under the heading 'Separate Property'.
Entrance hallway sections off the two properties with the 14A entrance on the left and stairs ahead leading into 14.
Situated on the first floor at the rear of number 14 with a mix of cabinets, kitchen appliances, breakfast bar and space for washer & dryer. A good size for a communal student kitchen and excellent condition.
14 features one bathroom and one shower room, both situated on the first floor and presented in excellent condition with modern and durable bathroom suites in each.
14 has five generously sized double bedrooms - 2 on the first floor and 3 on the second. All let to fully furnished and in great condition.
The living area for number 14 is situated on the first floor with a front aspect window. A shared space for the tenants to enjoy, presented in excellent condition.
The kitchen for 14A makes up part of the extension on the ground floor at the back of the property. With a mix of low and mid-level units with space for all necessary appliances, it's a great shared space just off of the large communal lounge.
14A features two shower rooms both located next to one another and featuring three-piece modern bathroom suites.
14a has double bedrooms all accessed off of the hallway and presented in great condition with side aspect windows and all let to students.
Accessible from the rear of the property is the large communal living area. Just off the kitchen and presented in great condition this is a shared space for all occupants to enjoy.
Garden situated to the rear of the property and accessible by 14A only. Off-street parking at the front of the property offers parking for up to 4 cars.
12 Christchurch Road:
Adjacent to number 14, this 3 storey semi-detached property is being reconfigured from the original layout of 10 lettable rooms to 8 rooms, 7 of which with private en-suite and the 8th with a private bathroom.
Downstairs there is a large kitchen and living area with views to the private walled garden. This property is nearing the end of this refurbishment process.
There is also an additional plot of land within this sale, set to one side of the property this could easily be turned into additional valuable parking.
There are other potential options here including applying for planning permission for a separate detached dwelling.
Another alternative, given the proximity to local shops and the nature of the site applying for permissions to change the usage to commercial.
Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.