Reading Road, Winnersh, Wokingham, RG41 5HL

Situated on the ever popular Reading Road in Winnersh, this substantial six bedroom HMO represents an excellent opportunity to acquire a well established investment property in a highly sought after Berkshire location. Measuring approximatley 1,765 sqft and currently producing an annual rental income of approximately £54,300, the property offers an attractive income generating asset with immediate returns, making it well suited to both experienced investors looking to expand their portfolio and those seeking a high performing addition to their property holdings.

Located in the heart of Winnersh, the property enjoys excellent connectivity with Winnersh and Winnersh Triangle railway stations providing regular services to Reading, Wokingham and London. The nearby A329(M) and M4 motorway offer superb road links, while Reading town centre is just a short drive away, providing an extensive range of shopping, leisure and employment opportunities. Winnersh itself offers a variety of local amenities including supermarkets, cafés, restaurants and green open spaces, with the nearby Winnersh Triangle business park supporting continued demand for quality rental accommodation.

To view Viewings will be conducted prior to the auction, please visit our website to book an appointment at firstforauctions.co.uk. Viewings will be subject to access from the tenants.

Registration All bidders/potential buyers are required to register ahead of the auction date to be able to bid/buy, please visit our website to setup an online auction account.

Tenure Freehold with tenants in situ.

Tenancies Room 1 let on an AST from 06/12/25 - £625pcm Room 2 let on an AST from 05/01/24 - £675pcm Room 3 let on an AST from 31/08/25 - £750pcm Room 4 let on an AST from 06/01/24 - £750pcm Room 5 let on an AST from 10/04/26 - £850pcm Room 6 let on an AST from 09/05/26 - £875pcm Total = £54,300pa

EPC rating D

Council tax band E - Wokingham

Legal pack For each lot there are Special Conditions of Sale and other documentation provided by the vendor's solicitors. If you wish to receive the Legal Pack, you will be able to register for this via the link on our website. You will receive notification by email once the Legal Pack is received from the solicitor. The documents may not tell you everything you need to know about the property and you are required to complete your own due diligence before bidding.

Guide prices Guide Prices are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a lot will sell for and may change at any time prior to the auction. Each lot will be offered subject to a Reserve, (a figure below which the Auctioneer cannot sell the lot during the auction) which we expect will be set within the Guide Range, or no more than 10% above a single figure Guide Price.

Additional fees A buyers charge of £1,650 including VAT is payable on each lot that you buy, in addition to the sale price. Please be aware there may be other additional fees, including disbursements contained in the legal pack payable on completion. Please ensure that you check the legal pack for each lot that you are interested in, prior to bidding.

Deposit If you are the highest bidder when the auction ends, contracts are exchanged between you and the seller. Both parties are legally bound to complete the transaction as per the special conditions in the legal pack. Your card will be automatically debited for the bidder security amount of £6,000 and we'll require the remaining balance for a 10% non-refundable deposit. We will contact you after the auction has finished to make these arrangements.

Pre-auction offers These must be made in writing and will only be considered if the Legal Pack has been inspected and proof of funding has been supplied to the auctioneers. Pre-auction offers are only considered on an auction basis in accordance with the “Terms & Conditions - Unconditional Auction".

Mortgage finance We advise all bidders who require a mortgage to confirm with their Financial Advisor as to whether or not the lot you are interested in would be suitable security to borrow finance against, prior to bidding. If you need to arrange a mortgage it is important that you obtain an offer from your lender before the day of the auction. Most building societies and banks will instruct a surveyor to prepare a valuation report before making a mortgage offer.