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Croft Road, Swindon, Wiltshire

PROPERTY TYPE

House of Multiple Occupation

BEDROOMS

6

BATHROOMS

4

SIZE

1,938 sq ft

180 sq m

TENURE
Describes 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

  • 6 Bed HMO
  • Fantastic Location
  • Well Maintained Throughout
  • Gross Income - £49,596 PA
  • Gross Yield - 9.27%
  • Buyers Fee - 1.5% Inc VAT

Description

SFT Property is delighted to present this fantastic 6 Bed HMO investment opportunity in Swindon. With strong rental appeal in one of Swindon’s most popular and sought-after locations it is perfect for both new and experienced investors.

Croft Road is a 6-bedroom (4 bathroom) HMO spread across three floors. Originally renovated from a family home in 2018 the house has been thoughtfully designed to allow generous bedroom sizes, maximum bathrooms and is finished in a modern neutral décor throughout. The property has been self managed by the current owners and has been very well maintained.

The property is currently generating £4,133 pcm / £49,596 per annum and boast a great gross yield of 9.27%. Full financial breakdowns on expenditure and rents are available upon request. Since refurbishment the property has operated on a 98%+ occupancy rate.

Private off-street parking at the rear and free on-street parking available. The property also benefits from have a front and rear easy to maintain garden for the tenants to enjoy which is rare for the area.

Swindon is home to leading employers such as Nationwide which is a stones throw from the property, Intel, BMW, and Amazon’s major distribution centre—creating a strong and consistent demand for premium rental accommodation. Adding to its appeal, the Great Western Hospital serves as a key regional employer, drawing a steady influx of medical professionals and support staff to the area. The property is also close to all local amenities and bus routes into the town centre.

For more information, feel free to reach out to the team today!
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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Croft Road, Swindon, Wiltshire

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About SFT Property Services, Covering Nationwide

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Nationwide property sales agency, selling properties across the UK. Residential, Buy to Lets, HMO'S, Blocks & Portfolios. A fully compliant agency offering a personal and hand held service.

Your mortgage

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Monthly repayments
£2,440
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Disclaimer - Property reference SQN-67486912. 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 SFT Property Services, Covering Nationwide. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
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