Saltash Road, Swindon, SN2 2EF
- PROPERTY TYPE
House of Multiple Occupation
- BEDROOMS
5
- BATHROOMS
3
- SIZE
1,098 sq ft
102 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.
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Description
Exceptional Investment Opportunity: Licensed Five-Bedroom Townhouse in Churchward, Swindon
Explore this prime investment opportunity, a five-bedroom townhouse in the popular Churchward area of Swindon. This property has been successfully operating as a fully licensed House in Multiple Occupation (HMO) for over 15 years, currently generating an attractive annual income of approximately £36,000.
With scope for modernisation, there is significant potential to increase the rental yield further, making this an excellent prospect for investors looking to maximise returns in a sought-after rental market.
The townhouse features five rentable rooms, offering a stable and established income stream. Its strategic location in East Swindon provides excellent access to local amenities, transport links, and employment hubs, ensuring consistent tenant demand and occupancy.
The rooms range from £500 - £650 per month, totaling £3025 per month or £36,300 a year
Key Investment Highlights:
* Proven Income: Established HMO with over 15 years of consistent operation, generating approximately £36,000 annually.
* Untapped Potential: Modernisation opportunities present a clear path to significantly increase rental yield and capital appreciation.
* Licensed Property: Full HMO licence in place, streamlining management and compliance for investors.
* Strategic Location: Situated in Churchward, East Swindon, benefiting from strong rental demand due to excellent connectivity and local facilities.
Current Monthly Running Costs:
* Water: £4908
* Electricity: £223.00
* Gas: £79.33
* Council Tax: £209.12
Room Sizes:
Ground Floor
* Bedroom Three: 4.81m x 3.21m
* Shower Room: 1.387m x 2.47m
* Garage: 2.81m x 4.86m
First Floor
* Kitchen: 2.05m x 3.67m
* Lounge: 2.55m x 3.80m
* Utility: 2.03m x 1.46m
* Bedroom Two: 4.87m x 3.25m
Second Floor
* Master Bedroom: 3.17m x 3.26m
* Wardrobe: 1.47m x 1.35m
* En Suite: 1.47m x 1.77m
* Bathroom: 1.79m x 1.91m
* Bedroom Four: 2.51m x 3.69m
* Bedroom Five: 2.18m x 3.76m
This property represents a superb opportunity for both first-time and experienced investors seeking a lucrative addition to their portfolio. With a stable income stream already in place and significant upside potential, early viewing is highly recommended to appreciate its full value.
- 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,Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
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- 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
Energy performance certificate - ask agent
Saltash Road, Swindon, SN2 2EF
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Visit our security centre to find out moreDisclaimer - Property reference S1661597. 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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