Licensed HMO producing substantial income situated in highly prominent location on Oxford Road and merely a few minutes walk from Tilehurst Train Station.

Licensed HMO producing substantial income situated in highly prominent location on Oxford Road and merely a few minutes walk from Tilehurst Train Station.

Key Investment Consideration
- Currently set up as a successful licensed HMO with a maximuim permitted occupany level of 30.5 persons

- Successfully run as emergency housing for local authorities producing siginificant income (further details available on application)

- A separate dwelling(Chalet) in the rear garden of the property

- Scope for alternatives uses subject to obtaining necessary consents; potential infill and extension opportunities to the rear

- 7 Parking Spaces to the front of the building, subject to planning scope to reconfigure and add further parking

- Gross internal area of HMO is 343.95 sq m / 3, 704.23 sq excluding the rear Chalet

- Freehold

Infill and Extension Opportunity
Subject to obtaining the necessary consents the property offers significant potential for a
rear infill double storey extension. Subject to planning there is also signicant scope for a loft
extension and to convert the property into flats.

Rear Extension
Subject to planning there is scope to extend the property further into the garden in line
with the development line.