William Street, Swindon, SN1
- PROPERTY TYPE
Terraced
- BEDROOMS
4
- BATHROOMS
4
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Current gross income: £31,620 per annum
- Fully let 4-bedroom HMO with tenants in situ
- Professional tenant demand location close to Swindon town cent
- Further value-add potential via loft conversion (STPP)
- 10.9% gross yield at £290,000 guide price
Description
• 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
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Private garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
William Street, Swindon, SN1
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Visit our security centre to find out moreDisclaimer - Property reference LNH102956. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Richard James, Land & New Homes. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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