Ashford Road, Old Town, Swindon, SN1 3NT
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
6
- BATHROOMS
6
- SIZE
2,174 sq ft
202 sq m
- 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
- Fully licensed HMO, ensuring compliance and peace of mind
- Established income stream with a proven track record.
- Considerable potential to increase yield through modernisation and enhancement.
- Sought-after location in the vibrant Old Town of Swindon.
- Excellent proximity to local amenities, transport links, and significant employment hubs.
Description
Exceptional Six-Bedroom Licensed HMO Investment Opportunity in Old Town, Swindon – High-Yielding Townhouse on Ashford Road. This well-established, fully licensed six-bedroom townhouse offers an outstanding opportunity for investors seeking a robust income stream in a highly desirable location, split over 2174 sq ft of property ensuring large en suite rooms.
Located in the heart of Old Town, Swindon, this property has successfully operated as a House in Multiple Occupation (HMO) for over 15 years, currently generating an impressive annual income of approximately £52,000. While already providing excellent returns, there is potential to further enhance rental yield and maximise investment.
Current Room Rental Income:
Room 1: £695 per month
Room 2: £695 per month
Room 3: £725 per month
Room 4: £695 per month
Room 5: £750 per month
Room 6: £750 per month
Total Monthly Income: £4,310
Total Yearly Income: £51,720
The layout includes six en suite rooms and six bathrooms, providing ample communal and private spaces.
Estimated Monthly Running Costs:
Water: £83.59
Electricity: £223.00
Gas: £86.50
Council Tax: £197.00
Key Features:
- Fully licensed HMO, ensuring compliance and peace of mind.
- Established income stream with a proven track record.
- Considerable potential to increase yield through modernisation and enhancement.
- Sought-after location in the vibrant Old Town of Swindon.
- Excellent proximity to local amenities, transport links, and significant employment hubs.
This property represents a prime opportunity for both new and experienced investors looking to acquire a stable, high-performing asset with clear potential for growth. Early viewing is highly recommended to fully appreciate the investment merits.
- 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: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Garage,On street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Communal garden
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- No wheelchair access
Ashford Road, Old Town, Swindon, SN1 3NT
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Visit our security centre to find out moreDisclaimer - Property reference S1657233. 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 Moovahome, Swindon. 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. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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