£1,500,000
19 bed detached house for saleLondon Street, Reading, Berkshire RG1
19 beds
12 baths
4 receptions
EPC Rating: C
Freehold
About this property
Over 5,500 sq ft of Total Floor Space
Two Separate Two-Storey Units
19-Bedroom HMO With Commercial Space
12 Bathrooms and Four Kitchens
Reported Annual Income of £163,140
Large Communal Courtyard Separating The Buildings
An exceptional mixed-use investment opportunity comprising two substantial two-storey buildings, configured as a 18 bedroom HMO plus 1 studio flat with additional commercial and office accommodation, 12 bathrooms and four kitchens, generating a reported annual income of £163,140.
Situated in a prime town centre location, this substantial investment property offers over 5,500 sq. Ft of total floor space across two separate two-storey units, presenting an attractive opportunity for investors seeking a sizeable income-producing asset.
The residential accommodation is configured as 3 x 6 bedroom houses of multiple occupations (HMO) plus a studio flat, complemented by 12 bathrooms and four kitchens, providing extensive facilities across the residential units.
In addition, the ground-floor section of the front building incorporates six further rooms currently fully let on a long lease commercial spaces and offices, creating the potential for a diverse income stream through its combination of residential and commercial accommodation.
The two buildings are separated by a large communal courtyard, providing shared outdoor space between the units.
The property also benefits from four parking spaces, a valuable feature for a town centre investment.
With a reported total annual income of £163,140, the property presents an appealing proposition for investors looking to acquire a substantial mixed-use property with established income potential.
London Street is conveniently positioned for Reading town centre’s extensive range of shops, restaurants, leisure facilities, and amenities. Reading railway station provides excellent transport connections, including services to London Paddington, while the town’s wider commercial and employment centres are readily accessible.
Situated in a prime town centre location, this substantial investment property offers over 5,500 sq. Ft of total floor space across two separate two-storey units, presenting an attractive opportunity for investors seeking a sizeable income-producing asset.
The residential accommodation is configured as 3 x 6 bedroom houses of multiple occupations (HMO) plus a studio flat, complemented by 12 bathrooms and four kitchens, providing extensive facilities across the residential units.
In addition, the ground-floor section of the front building incorporates six further rooms currently fully let on a long lease commercial spaces and offices, creating the potential for a diverse income stream through its combination of residential and commercial accommodation.
The two buildings are separated by a large communal courtyard, providing shared outdoor space between the units.
The property also benefits from four parking spaces, a valuable feature for a town centre investment.
With a reported total annual income of £163,140, the property presents an appealing proposition for investors looking to acquire a substantial mixed-use property with established income potential.
London Street is conveniently positioned for Reading town centre’s extensive range of shops, restaurants, leisure facilities, and amenities. Reading railway station provides excellent transport connections, including services to London Paddington, while the town’s wider commercial and employment centres are readily accessible.
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