Introducing a unique investment opportunity in a sought-after area of Reading, this detached property boasts six self-contained flats, each designed to provide independent living. The spacious plot offers significant potential for further development, allowing for extensions or the possibility of new builds (subject to planning permission). With separate electric meters and individual council tax registrations for each flat, the property is already structured for rental success.
The garden at the rear is an expansive space with vehicular access, making it ideal for additional development such as garden studios or extra residential units. Each flat features a well-maintained interior that reflects quality finishes, appealing to both renters and potential future buyers.
Strategically located just two miles from Reading Town Centre and with excellent transport links to London, this property benefits from strong local rental demand. It is surrounded by reputable schools and a wide range of amenities including parks, shops, and dining options. Given the guaranteed rent offer of £9,500 per month from a housing association or local authority, this property presents a secure income stream alongside its promising capital growth prospects.