This well-presented HMO offers four double bedrooms, each with its own en-suite shower room, ensuring strong tenant appeal and minimal voids.
Key Investment Highlights
• Current gross income: £31,620 per annum
• 10.9% gross yield at £290,000 guide price
• Fully let 4-bedroom HMO with tenants in situ
• Three ensuite double bedrooms plus fourth small double with separate bathroom
• Professional tenant demand location close to Swindon town centre
• Private rear garden
• Potential to increase income – two rooms currently below market rent
• Further value-add potential via loft conversion (STPP)
Investment Overview
A fully operational four-bedroom HMO investment property currently generating £31,620 per annum, representing a 10.9% gross yield at the guide price of £290,000.
The property comprises four well-proportioned double bedrooms, three with their own en-suite shower room, plus fourth small double with a separate bathroom, a configuration that continues to attract strong demand from professional tenants . The house also benefits from a shared kitchen and communal living area, together with a private rear garden.
The property is fully tenanted, providing immediate income from completion.
There is also additional upside potential. Two of the rooms are currently let below market rent, offering an opportunity to increase income. In addition, subject to the necessary planning consents, the loft space could be converted to create a fifth bedroom, further enhancing rental income and overall yield.
Located on William Street, the property is within easy reach of Swindon town centre, transport links and local amenities, making it an attractive and convenient location for tenants.
Current Rental Income.
Room 1 – £700 pcm
Room 2 – £685 pcm
Room 3 – £675 pcm
Room 4 – £575 pcm
Total monthly income: £2,635
Total annual income: £31,620
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