2-bedroom house · RG30 2PN
Listing removedListed 95 days · slow let
Opportunity summary
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About
Sansome & george - Reading: A superbly presented two double bedroom, two bathroom, mid terrace house located to the west of Reading town centre providing easy access to transport links such as bus routes and J12 M4, as well as both Tilehurst and West Reading train stations and within walking distance of Tesco’s 24 hours supermarket.
(Disclaimer - Photos taken prior to commencement of tenancy) The property is offered unfurnished, available 25th September subject to the usual formalities.
A beautifully presented mid terrace house offering two double bedrooms and two bathrooms, located to the west of Reading town centre providing easy access to transport links such as bus routes and J12 M4, as well as both Tilehurst and West Reading train stations and within walking distance of Tesco’s 24 hours supermarket.
Approached via a pathway leading to the front door which opens directly into the bay fronted living room, with feature fireplace and ample built in storage, stairs rising to first floor and door to dining room.
The dining room also features an ornamental fireplace and door with step down into the modern kitchen, with dishwasher, electric oven and hob, with back door to enclosed rear garden, utility storage (housing the washing machine) and modern downstairs shower room.
Upstairs boasts two sizable double bedrooms with ensuite bathroom to bedroom one. Externally there is an enclosed 'Courtyard' style garden.
The property further benefits from gas central heating and on-street parking.
(Disclaimer - Photos taken prior to commencement of tenancy) Property details: Energy Performance Rating: E - The full results of the energy performance assessment can be supplied upon request.
Local Authority: Reading Borough Council Council Tax: - Band C Tenancy: An Assured Periodic Tenancy. Possession: Available 25th September.
Rent: £1675 per calendar month paid in advance by Bankers Standing Order.
Deposit: £1932.69 The deposit will be paid to the agent who is a member of the deposit protection service (dps) who will register the deposit and forward it to the dps within 30 days of the commencement of the tenancy or receipt of the deposit whichever is earlier.
Holding Fee: A fee equivalent to 1 week's rent will be due. This will be deducted from the first month's advance rent payment.
Outgoings: The tenant is to be responsible for all outgoings including, council tax, water, gas, electricity telephone and TV.
Restrictions: The property is not suitable for smokers and sub-letting is strictly prohibited.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 59, Grovelands Road, Reading
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