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Alpine Street, Reading, RG1

£500,000Freehold

551

Key Information

Tenure:Freehold
Council tax band:C
Broadband:up to 1000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

Prime Investment Opportunity – High-Yielding 5-Bedroom HMO in Reading
FREEHOLD NO CHAIN
Excellent location within walking distance of Central Reading, Reading Station, University & easy access to Green Park, A33, M4
Strong Rental Income – £3,195 per month / £38,340 per annum with room for future growth
Expertly converted in 2016 to provide high quality en-suite room facilities for 5 residents
Fully Tenanted – Established rental history with professional tenants
Gas Central Heating and Double Glazing throughout - EPC Rating Band C
Sold as seen including all furniture, fixtures, fittings & appliances (full inventory list will be provided during sale)

Description

High-yielding 5-bed HMO in Reading, fully tenanted & Compliant, strong rental income. 5 ensuite bedrooms, communal contemporary kitchen, private garden, modern interiors. EPC C, proven rental demand

Prime Investment Opportunity – High-Yielding 5-Bedroom HMO in Reading

Fully Tenanted & Mortgage-Ready

Welcome to Alpine Street, a fully compliant and high-yielding 5-bedroom, 5-bathroom HMO property in the heart of Reading. This turn-key investment opportunity is fully let and generating strong rental income, making it an excellent choice for buy-to-let investors looking for immediate returns and room for growth.

Converted in 2016, the property meets all HMO regulations, has an EPC rating of C, and the current owner holds a valid HMO license until 2029 (non-transferrable), therefore no known imminent upgrade costs will be needed to meet government standards.

This property is fully occupied, each tenant has their own AST, making it a stress-free investment opportunity for investors looking for long-term capital growth and immediate income generation.

Property Overview

  • 5 Large Double Bedrooms – All with ensuite shower rooms

  • Spacious Kitchen & Dining Area – Well-equipped communal space, inc a cloakroom

  • Private Rear Garden – Low-maintenance outdoor area for tenants inc storage shed

  • Modern Interiors – Neutral décor with contemporary furnishings

  • Fully Licensed HMO – Compliant with all current safety regulations

  • Proven Rental Demand – HMO’s in the area are popular among professionals and students

  • EPC rating C - Gas Central Heating, Large Unvented Cylinder water tank & Double Glazed windows, help to keep the utility bills down maximising returns.

  • Council Tax Band C

  • Water Softener to prolong the life of appliances and good selling point for residents

  • Well maintained - Current owner offers a cleaner twice monthly for the communal areas, meaning the space is well maintained and monitored

For further details and to book a viewing please contact us.

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Katesgrove Primary School
(0.15 miles)
Good
Number of pupils: 679
Age Range: 3 - 11
New Christ Church Church of England Primary School
(0.31 miles)
Number of pupils: 183
Age Range: 4 - 11
Coley Primary School
(0.31 miles)
Good
Number of pupils: 271
Age Range: 3 - 11
The Abbey School Reading
(0.38 miles)
Number of pupils: 1134
Age Range: 3 - 19
Kendrick School
(0.4 miles)
Number of pupils: 803
Age Range: 11 - 18
Trinity Christian School
(0.4 miles)
Good
Number of pupils: 19
Age Range: 4 - 11
The Deenway Montessori School
(0.54 miles)
Good
Number of pupils: 51
Age Range: 3 - 16
Hamilton School
(0.6 miles)
Number of pupils: 38
Age Range: 11 - 18
The Palmer Primary Academy
(0.7 miles)
Good
Number of pupils: 433
Age Range: 3 - 11
Red Balloon Learner Centre Reading
(0.73 miles)
Number of pupils: 23
Age Range: 11 - 18

Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£2,501 /mo.25 Years, 4.5% Interest
Loan
£450,000
Total Repay
£750,374

Stamp Duty

You’ll have to pay the stamp duty of:
£12,500
0% up to £250,000
5% from £250,000 to £500,000
Your effective stamp duty rate is 2.5%
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