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Romans - Caversham

Situated on the popular Caversham Road, Romans are delighted to present this eight bedroom HMO with a high rental yield of 9.04% with a monthly rental of £6400, soon going up to £6850 in January bringing the rental yield to 9.67%! This makes a yearly rental income of £82,000! The property itself is done to an extremely high standard and is currently fully occupied. The property consists of eight double bedrooms, all with en-suite bathrooms, a fully equipped kitchen with a communal seating area. There is also parking at the rear of the property - a rarity for Caversham Road! The property has excellent transport links through Reading Train Station providing links into London via the Elizabeth Line and also a range of local bus routes. There is an array of local amenities offered close by in the centre of Reading and Caversham. Viewings highly recommended.

Property reference CAV230195. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Romans - Caversham.

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 Broadband availability and predicted speed: obtained from Ofcom on December 18, 2021

 Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

 Basic: Up to 30 Mbit/s 
 Super-fast: Between 30 Mbit/s and 300 Mbit/s 
 Ultra-fast: Over 300 Mbit/s

 The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: <a href="https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2">https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2</a>

 Mobile phone signal availability and predicted strength: obtained from Ofcom on December 21, 2021

 Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

 Clear: No bars, no signal predicted 
 Red: One bar, reliable signal unlikely 
 Amber: Two bars, may experience problems with connectivity 
 Green: Three bars, likely to have good coverage and receive a data rate to support basic web services 
 Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

 Energy Performance data and Internal floor area: obtained on November 15, 2017 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

 Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See <a href="https://www.onthemarket.com/terms/#other">here</a> for more information.

DISCLAIMER

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Knowing the tenure is important because it affects your rights and costs associated with the property.

                                  If you do not know the tenure, you will not know how you will legally own the property and if there are any further costs & obligations you must comply with.

Tenure

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Council tax

If you don't know the type of utilities which the property has, there may be additional costs, for example an adequate broadband connection may not be available.

Broadband

If you don't know the type of utilities which the property has, there may be additional costs, for example adequate mobile reception may not be available.

Mobile signal

If you don't know the type of utilities which the property has, there may be additional costs, for example if the water supply comes from a private well which requires regular maintenance or has water quality requirements.

Water

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Heating

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Electricity

If you don't know the type of utilities which the property has, there may be additional costs, for example if the property has a septic tank that requires regular maintenance and emptying.

Sewerage

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Terraced house in Reading for sale

8 bedroom terraced house

E P Collier Primary School

Thameside Primary School

The Heights Primary School

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5 bedroom house for sale

Romans - New Homes

5 bedroom detached house for sale

ASAP

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3-6 months

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Reading

Reading West

Tilehurst

Situated on the popular Caversham Road, Romans are delighted to present this eight bedroom HMO with a high rental yield of 9.04% with a monthly rental of £6400, soon going up to £6850 in January bringing the rental yield to 9.67%! This makes a yearly rental income of £82,000!The property itself...

No longer on the market

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