5 bedroom house for sale

Overview

Parkers are pleased to present this five double bedroom fully licensed HMO which generates a rental income of £42,060 resulting in an extremely healthy yield of 8%. The accommodation to the ground floor comprises of; entrance hall, two double bedrooms with one benefitting from an ensuite shower room, modern kitchen and a communal lounge. To the first floor you will find two further double bedrooms with one benefitting from an ensuite shower room and the communal bathroom. To the second floor there is another double bedroom with an ensuite shower room. Externally this property benefits from a private rear garden. Located within 1.2 miles of Reading mainline railway, 100 yards from Caversham High Street with a wealth of amenities. Viewing is highly recommended.Council Tax Band CWe are required by law to conduct anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60 for a seller and £75 for a buyer (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.