4 bed terraced house for sale

Town Centre - Franklin Street, Reading RG1

Four Bedroom HMO Opportunity 0.5 Miles From Reading Town Centre

Kiel's view
i'm delighted to present this versatile four-bedroom Victorian mid-terraced home on sought-after Franklin Street, RG1, offered at £375,000. Currently arranged as an HMO that does not require a licence, this property is an excellent choice for both seasoned and first-time investors seeking a strong rental yield in a high-demand location.

The ground floor offers a spacious double bedroom with en suite shower room, ideal for tenants seeking privacy, plus a separate reception room and a generous kitchen to the rear, opening onto a low-maintenance courtyard garden. Upstairs, you’ll find three further double bedrooms and a shared family-sized bathroom.

With a proven track record as a rental property, this property in Franklin Street presents an immediate income opportunity as a fully functioning HMO. For those thinking longer term, the flexible layout could be reconfigured into a stylish family home or a modern professional house share to maximise rental returns. Gross Rental income as of 4th August 2025 is £2,876.00. All Bills Included within the Tenants Rents and Paid by the Landlady.

Area View
Franklin Street enjoys a prime position just 0.5 miles from Reading town centre and the mainline railway station, putting London Paddington within 25 minutes via the Elizabeth Line and fast gwr services. The property is well-served by local bus routes, cycle paths, and is within walking distance of Oracle shopping centre, Broad Street Mall, Forbury Gardens, and an array of independent cafés, bars, and restaurants.

For day-to-day convenience, you’ll find supermarkets, gyms, and leisure facilities close by. Reading University and Royal Berkshire Hospital are also easily accessible, making this location particularly attractive for professional tenants and students alike.

Whether you’re looking for a property with immediate rental income or one with excellent capital growth prospects in a regenerating town, this home in the heart of Reading ticks all the boxes.