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Victoria Road, Old Town, Swindon, SN1

PROPERTY TYPE

Block of Apartments

BEDROOMS

2

BATHROOMS

2

SIZE

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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

  • IDEAL INVESTMENT OPPORTUNITY
  • FREEHOLD
  • PARKING
  • TENANTS IN SITU

Description

A well-positioned freehold residential investment located within a popular rental area of Swindon. The property is fully let and offers an immediate, stable income stream, making it an attractive option for investors seeking a straightforward, income-producing asset.

The property comprises two self-contained residential flats, both currently tenanted, producing a combined monthly rental income of £1,800:

174a Victoria Road – £925 PCM
174b Victoria Road – £875 PCM

Total Rent Roll: £21,600 per annum

The property is being sold freehold with tenants in situ, allowing for instant income from completion.

The asset further benefits from two rear parking bays, a valuable feature for this location, particularly within Swindon / Old Town where parking is at a premium.

There is also potential to extend into the loft space (subject to planning), creating a two-bedroom unit within the first-floor apartment. This offers a clear opportunity to enhance both rental income and overall asset value.

Location

Victoria Road is a well-established residential area with a consistent track record of rental demand. The property benefits from close proximity to Swindon town centre, local amenities, and strong transport links, making it appealing to a broad tenant base. The area continues to perform well due to its accessibility and affordability, supporting long-term occupancy and future rental growth.
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.
Allocated
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.
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Victoria Road, Old Town, Swindon, SN1

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About Richard James, Land & New Homes

Gemini House, Hargreaves Road, Swindon, SN25 5AZ

Richard James Estate Agents has been selling homes for the Swindon community since 1992 and with 7 offices, which cover a wide radius from the centre of the town to the surrounding villages, our network of buyers and sellers is far reaching.

Our team of new homes experts work with both local and national developers to provide a diverse catalogue of homes for a variety of buyers, whether it’s contemporary town centre apartments, or detached countryside homes. The team offer friendly, expert support to developers, landowners, and anyone looking to find their perfect new home.

Affordability

Monthly repayments£1,430
Property: £ 285,000
Deposit: £ 28,500
Interest rate: 5.33%
Term: 30 years
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Disclaimer - Property reference LNH104064. 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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