2-bedroom house · RG30 2PN
For saleListed 230 days
Opportunity summary
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About
Investment opportunity An established buy to let investment currently producing £1,300 per calendar month (£15,600 per annum) and offered for sale with an Assured Shorthold Tenancy in place , providing immediate income from completion.
At the asking price of £280,000 , the property offers a gross yield of approximately 5.5% , making it an attractive addition to any investment portfolio.
The property has been occupied by the current tenant for over ten years , demonstrating a long standing and reliable rental history.
This well presented two bedroom Victorian terraced house combines period character with practical modern living and continues to prove popular with tenants.
The ground floor offers two spacious and versatile reception rooms , each benefitting from large bay windows that allow plenty of natural light into the living spaces.
The main reception room features a character fireplace which creates a natural focal point and a comfortable setting for everyday living.
To the rear of the property is a bright and functional kitchen , fitted with a range of base and eye level units with generous work surfaces and space for appliances including an integrated washing machine.
The kitchen provides access to the rear garden. Upstairs the property offers two well proportioned double bedrooms , with the principal bedroom benefiting from built in wardrobe space.
A modern bathroom completes the first floor and is fitted with a bath with shower over, wash hand basin and WC. A frosted window allows natural light while maintaining privacy.
Externally the property benefits from a private rear garden , providing valuable outdoor space that further enhances its appeal to tenants.
EPC Rating: D Living Room (4.12m x 3.58m) Positioned at the front of the property, this comfortable reception room features a bay window allowing plenty of natural light.
A well proportioned space suitable for both seating and media furniture, with fireplace feature creating a natural focal point.
Dining Room (3.58m x 3.35m) Located to the rear of the property, the dining room provides a versatile second reception space and comfortably accommodates a dining table and chairs.
The room benefits from built in storage cupboards and provides access to the kitchen and window to the rear garden, making it a practical everyday living and entertaining space.
Kitchen (4.14m x 2.16m) A galley style kitchen fitted with a range of base and eye level units with work surfaces over.
Space and plumbing for white goods and a rear aspect window overlooking the garden. A practical layout offering good storage and preparation space with direct access to the rear garden.
First Floor Landing Doors to bedrooms one and two Bedroom 1 (3.58m x 3.43m) A generous double bedroom positioned at the front of the property with tow large windows allowing good natural light.
The room comfortably accommodates a double bed along with wardrobes and additional bedroom furniture as well as having built in wardrobe.
Bedroom 2 (3.58m x 3.35m) A well proportioned second bedroom overlooking the rear garden, ideal as a guest room, home office or additional double bedroom.
Bathroom (2.13m x 2.01m) Family bathroom fitted with a three piece suite comprising panel enclosed bath with shower over, wash hand basin and low level WC.
Rear aspect window providing natural light and ventilation. Garden An enclosed garden, mainly lawn with shrubs enclosed by wood panel fencing.
Disclaimer While Bespoke Estate Agents strives to provide accurate and up-to-date information, all descriptions, photos, and videos in this advertisement are intended for illustrative purposes only and may not represent the exact condition or features of the property.
Prospective buyers are advised to verify the details and arrange a viewing before making any decisions. Bespoke Estate Agents cannot be held liable for any inaccuracies or omissions.
All measurements are approximate, and no warranty is given for the accuracy of the information provided. Please consult our terms and conditions for further details.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 45 Grovelands Road, Reading
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