Park Lane, Swindon, Wiltshire, SN1

£300,000 – £325,000 GUIDE PRICE

FULLY LICENSED 6-BEDROOM HMO | TOWN CENTRE LOCATION | GENERATING £29,400 PA | POTENTIAL £40,000+ PA | NO ONWARD CHAIN

FULLY LICENSED 6-BEDROOM HMO | TOWN CENTRE LOCATION | POTENTIAL £40,000+ PA | NO ONWARD CHAIN

An excellent opportunity to acquire a fully licensed 6-bedroom HMO situated in the heart of Swindon Town Centre, offering immediate rental income and significant asset management opportunities.

Ideally positioned within walking distance of Swindon Railway Station, the town centre and the popular Swindon Designer Outlet.

The accommodation is arranged over three floors and currently comprises six letting rooms. The ground floor features an entrance hall, a bay-fronted bedroom opening into a second bedroom (currently let as a single unit but offering potential to be reinstated as two separate rooms, subject to any necessary consents), a communal dining area, a communal kitchen with access to the rear garden, and an additional bedroom with en-suite shower room.

The first floor provides three further bedrooms, all benefiting from en-suite shower rooms, while the top floor hosts a double bedroom with its own en-suite facilities.

Externally, the property enjoys a rear garden with hardstanding and off-road parking for multiple vehicles.

The property itself is in need of updating and modernisation, there is potential to significantly increase the income.

Offered to the market with no onward chain, this represents an opportunity for investors to acquire an established HMO with immediate income and clear value-add potential.

Council Tax Band: C
EPC Rating: TBC