A rare and substantial investment opportunity, this prominent former public house in Tilehurst, measuring approximately 8,686 square feet (807 sqm), is offered for sale by traditional auction.
The property is partially Grade II listed and has been comprehensively configured as a 22-bedroom HMO, currently let on individual Assured Shorthold Tenancies, generating an impressive annual rental income of £178,477. This equates to an exceptional gross rental yield of 47%, offering a strong and immediate income stream for investors.
The accommodation is arranged to maximise occupancy, comprising a range of well-proportioned bedrooms alongside shared facilities, well suited to the professional rental market.
Positioned in a highly accessible location, the property benefits from excellent commuter links. Tilehurst railway station is within easy reach, offering regular services to Reading and London Paddington, while the A4 and M4 J12 provide convenient road connections for commuters and regional travel.
This is an ideal opportunity for seasoned investors seeking a high yielding asset with scale, or those looking to expand an existing portfolio with a ready made, income producing HMO in a strong rental area.
Council Tax Band H
