Prospect Hill, Old Town, Swindon

£590,000

Size

1,800

Tenure

Freehold

EPC

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Parking

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Primary use
Other
Other use(s)
Other

Key features

  • Premium HMO - Highest Standard of finish
  • 11% YIELD - £65340 Rent per annum
  • 6 Bed HMO - Fully Let
  • Fully furnished - professional tenants
  • Suis Generis planning to be able to house 8 people
  • All Ensuite - 2 rooms with kitchens
  • HMO license in place
  • Hands off Investment

Description

This is a very high standard boutique hotel type finish HMO. Professional tenants and fully let under management. Full planning was obtained so the HMO has a hmo license for 8 people across 6 rooms.

Built with a high end , but robust finish this HMO is the perfect investment property for a landlord to add to their portfolio.

11% Gross yield on a recently refurbished property, fully let is a one off investment opportunity.


The rents are as below:

Room 1 (ensuite) - £795 PCM
Studio 2 (ensuite & kitchen)- £1110 PCM
Studio 3 (ensuite & kitchen)- £1050 PCM
Room 4 (ensuite)- £825 PCM
Room 5 (ensuite) - £795 PCM
Room 6 (ensuite) - £825 PCM

Total Monthly Rent -£5400
Total Annual Rent - £64800

All tenants are professional and settled, with no current notices active.

Recently renovated in 2025 it really is built to last. All ensuites are fully tiled, hallways and kitchen floors are tiled, stairs have commercial grade LVT to make sure it can withstand wear and tear.

There is a lovely maintenance free rear Astro communal garden.

HMO specific gas heating and water system to provide economic bills and high pressure for all showers etc.

The property is located in Lansdown road in Old Town , but always walking distance to the town center. High demand area for professional tenants.

There are 6 rooms in total all ensuite, 2 of the rooms have their own kitchen with oven/hob/fridge freezer and washer dryers. So only 4 rooms sharing communal kitchen.


The property is specifically designed for working professionals with high end finishes. The design is exquisite providing luxury and premium living for all tenants. The built in mirrored wardrobes provide lots of hidden storage with double rail hanging. There is a desk and CAT 6 cabling to provide direct ports to the fiber broadband to facilitate the modern day workforce working from home.

All rooms come fully furnished with 32" smart tvs which also connect direct via CAT6 cabling so tenants can stream Netflix etc with no interruption.

A very renowned local developer built this HMO to the highest quality to provide the best living standards for the tenants.

It is VERY RARE for an investment property built to this standard, which wouldn't need any updating for 15yrs+ comes to the market with such a HIGH YIELD.

A ready made investment.

For more details please contact us.
Additional information
Service charge
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Business rates
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Use class
C4, Sui Generis
Year renovated
2025
Listed building
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Floors in building
2
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Prospect Hill, Old Town, Swindon

NEAREST STATIONS

National Rail

Swindon Station

0.79 miles

About Brett Property Investments LTD, Swindon

Brett Property Investments LTD, Swindon

Specialists in HMO investment properties in Swindon

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Disclaimer - Property reference 27prospect. 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 Brett Property Investments LTD, 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.