Lorne Street, Reading, Berkshire, RG1

£475,000

5 Bedroom Semi-Detached House for sale in Berkshire

2 5 2

PROPERTY DESCRIPTION
An opportunity to acquire a well-maintained investment property on the western edge of the town centre and close to Reading West station. The 5 bedroom licensed HMO features two modern shower rooms, alongside a contemporary fitted kitchen/living/dining room. The property has been upgraded to a high standard and is currently achieving a gross income of £3275 PCM.
Ideally positioned for the mainline station and local bus routes with local amenities within walking distance, the property will appeal to investors who are looking for a proven rental income.

LOCAL INFORMATION
West Reading, situated west of the town centre, is a vibrant community centred around Bath Road, Tilehurst Road, and Oxford Road. The area features excellent schools such as Wilson Road Primary and St Edward's Prep. Oxford Road buzzes with diverse shops and restaurants. The newly refurbished Reading West train station (2023) provides easy access to Newbury and London, complemented by key bus routes connecting the entire area. A favourite among families and professionals, West Reading also boasts beautiful outdoor spaces like Prospect Park, perfect for family outings and relaxation.

OUTSIDE SPACE
Driveway parking for one car. At the rear there is low maintenance garden with a patio.

ADDITIONAL INFORMATION
Mains gas, electric and water.
Council tax band C.

Important Information

  • This is a Freehold property.

Property Ref: 242456_DRE250504

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