Key info
4Bedrooms
2Bathrooms
0 sqmSize
Property description
Strategy: HMO
The KLIC - Investor InformationCurrent Net Yield 7.04%
Kiel's viewI'm delighted to present this versatile four-bedroom Victorian mid-terraced investment HMO property in the sought-after Franklin Street, RG1. Currently arranged as an HMO that does not require a licence, this property is an excellent choice for both seasoned and first-time investors seeking a strong rental yield in a high-demand location.
The ground floor offers a spacious double bedroom with en suite shower room, ideal for tenants seeking privacy, plus a separate reception room and a generous kitchen to the rear, opening onto a low-maintenance courtyard garden. Upstairs, you’ll find three further double bedrooms and a shared family-sized bathroom.
With a proven track record as a rental property, this property in Franklin Street presents an immediate income opportunity as a fully functioning HMO. For those thinking longer term, the flexible layout could be reconfigured into a stylish family home or a modern professional house share to maximise rental returns. Gross Rental income as of 4th August 2025 is £2,876.00. All Bills Included within the Tenants Rents and Paid by the Landlady.
Area ViewFranklin Street enjoys a prime position just 0.5 miles from Reading town centre and the mainline railway station, putting London Paddington within 25 minutes via the Elizabeth Line and fast GWR services. The property is well-served by local bus routes, cycle paths, and is within walking distance of Oracle shopping centre, Broad Street Mall, Forbury Gardens, and an array of independent cafés, bars, and restaurants.
For day-to-day convenience, you’ll find supermarkets, gyms, and leisure facilities close by. Reading University and Royal Berkshire Hospital are also easily accessible, making this location particularly attractive for professional tenants and students alike.
Whether you’re looking for a property with immediate rental income or one with excellent capital growth prospects in a regenerating town, this home in the heart of Reading ticks all the boxes.
Sourced reference: 165840176
Location
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Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Sales Agent
Avocado Property
Covering South East
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