14 bed terraced house for sale Highgrove Street, Reading RG1

To be sold by traditional auction on Thursday 8th May is this portfolio of 7 Victorian terraced properties which have each been split into 2 x 1 bed flats. The properties are currently let on AST's and are producing a gross income of £123,420 pa and with full occupancy the estimated income is in the region of £145,000. Highgrove Street is a popular residential road situated on the outskirts of the University area, convenient for the town centre as well as local amenities and transport links by road and rail.Auction InformationFor Sale Via Haslams Online Auction powered by Bamboo Auctions.Auction end date and time: Tuesday 8th May at 12pmThe auction will be exclusively available online via our website including the legal pack information.The registration process is extremely simple and free. Please visit Haslams website: And click on the 'online auction' tabA 'register' button can be found on this page or by clicking into the individual listing.Stage 1) Register your email address, create a password and confirm your account.Stage 2) View the legal pack and arrange any viewingsStage 3) If you would like to bid, use the 'dashboard' button and complete your id check and enter your payment and solicitors detailsStage 4) You are ready to bid - Good Luck!Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. The reserve price is not disclosed and remains confidential between the seller and the auctioneer and is set within the guide range.A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids.Some Vendors may consider offers prior to the auction. These offers can only be submitted via Haslams and under auction conditions. The complete legal pack would need to be inspected before an offer would be considered.Please get in touch if you have any questions regarding Online auctions or would like to arrange attend the block viewing session.EPC'sFor all properties EPC's please go online to the EPC register and use postcode RG1 5EN to retrieve these.Additional Information:ParkingOn-street parking requires residents and visitors permits which are issued upon application by Reading Borough Council, charges apply, for an up to date list of charges please check "permit charges"Property construction – Standard formServices:Water – mainsDrainage – mainsElectricity - mainsHeating - electricBroadband connection available (information obtained from Ofcom):Ultrafast – Fibre to the premises (FTTP)Mobile phone coverageFor an indication of specific speeds and supply of broadband and mobile, we recommend potential buyers go to the Ofcom web-site “Broadband and mobile coverage checker”Agents Note:Flat 1 32 is currently vacant and is in the process of being refurbishedFlat 1 38 Highgrove Street is vacant following a leak from the flat aboveFlat 2 38 Highgrove Street -The tenants have been served Section 21 notice which is due to end on 16th May -The Contract will not refer to this as this forms part of the Title and property sold subject to LeasesIncome- Currently producing Gross income £123,420 pa with 2 vacant properties. The estimated income when all of the properties are occupied is expected to be in the region of £145,000