Zinzan Street, Reading, RG1 7UG

Zinzan Street, Reading, RG1 7UG - Let Property

Back

Property ID: 221969542

Monthly Income

£5,015

Current Yield

10.8%

Tenancy status

Tenanted

CapitalAppreciation

+2.82%

Key features

Street Parking
Private Garden (Back Only)
Buy-to-Let Opportunity
Long Term Tenant Currently Situated
Likely to attract enquiries from Serious Investors & Developers
INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
Investment Opportunity

Description

Our latest listing is a 5-bedroom terraced house located in Reading. It is in close proximity to valuable amenities, is able to generate rewarding rental returns and has a tenant currently situated.

For investors looking to expand their portfolio, this is a fantastic opportunity!

The property comprises five self-contained flats, with tenants responsible for their own bills. Fully-occupied, the property generates approximately £60,180 per annum in rental income.

For greater detail on this property's investment potential, please see the Let Property Pack linked below.

If you are interested, please call us.

Tenancy Details

The current tenants have lived in the property for several years and have consistently paid their rent for the duration of their stay. They do not have any intentions to move out so hope to remain in the property.

We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Live Property Calculator

Cash Purchase

Mortgage

Purchase Price

Assumed purchase price based on home report value

Stamp Duty Tax

Est. Legal Fees

Monthly Running Costs

What are these?

Calculated Returns

Capital appreciation calculated based on location, property type, and market value. Learn more

Current Rent

Potential Rent

Purchase Costs

Net Rental Income5015/mo

Monthly Capital Appreciation/mo

Total Net Returns/mo

Total ROI

Investment Returns

Current Monthly Rent

£5015 pcm

Current Rental Yield

10.8%

Potential Market Value Rent

£5015 pcm

Potential Rental Yield

10.8%

Estimated Monthly Capital Appreciation

£1311

Area Capital Appreciation Rate

+2.8%

Let Property Pre Checks

Tenancy Checks

Tenancy Agreement

Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.

Proof of Rental Income

Provided by the seller as verbal and written confirmation and documentation will be provided at Completion once the property has been secured.

Length of Tenancy

Length of Tenancy has been verified by Let Property by reviewing the date from when the provided tenancy documentation began.

Property Checks

Property Tenure

Verified as Freehold

Property Tenure documentation has been provided to Let Property and has been Verified.

EICR

EICR documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

Gas Safety

Gas Safety documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.

EPC

EPC documentation has been provided by the seller as verbal and written confirmation of availability and documentation will be provided at Completion once the property has been secured.