Morris Street, Swindon, Wiltshire, SN2

Large 11-Bed HMO | Fully Licensed & Planning Approved | High Income Producing Asset

National Residential are pleased to present this substantial 11-bedroom freehold HMO investment, positioned within the established residential area of Rodbourne, Swindon. Converted from a former social club under approved planning consent, the property has been modernised throughout to provide high-quality co-living accommodation with strong rental appeal.
Offering generous room sizes, multiple communal areas and a proven income stream, this is a turnkey investment opportunity suited to professional landlords and portfolio investors seeking scale and strong cash flow.

Investment Overview | Strong Income Performance
* 11-bedroom licensed HMO
* Planning permission approved
Ref: S/22/0257
Change of use from former social club to 11-room co-living accommodation
* Freehold
* Gross monthly income | £7,780
* Gross annual income | £93,360
* Net monthly income | £6,615
* Net yield | 9.62%

Monthly Running Costs
* Utilities (Electric) | £500
* Water | £100
* Broadband | £45
* Council Tax | £220
* Insurance | £100
* Cleaning | £200
Total monthly costs: £1,165

Accommodation Layout | Spacious & Modern
The property has been finished to a modern standard throughout and offers spacious accommodation designed specifically for shared living.
Ground Floor
* Large communal lounge and dining area
* Patio doors leading to rear yard
* Spacious separate kitchen/dining area
* 4 large double bedrooms with en-suites
First Floor
* Laundry room
* Communal shower room
* 6 double en-suite bedrooms
* 1 additional double bedroom
The overall layout provides an excellent balance of private and communal space, helping support tenant retention and long-term occupancy.

Condition & Specification
* Modern finish throughout
* Spacious double bedrooms
* Majority en-suite accommodation
* Purpose-configured co-living setup
* Excellent overall presentation
* Strong appeal to professional tenants

Location | Rodbourne, Swindon
Situated within Rodbourne, the property benefits from a strategic location close to major employers, transport connections and retail amenities.
* Walking distance to Swindon Designer Outlet Village
* Approx. 1 mile from Swindon Railway Station
* Direct bus routes into Swindon Town Centre
* Convenient access to major road links including the A419 and M4 corridor
* Nearby shops, supermarkets, gyms and everyday amenities
Swindon continues to attract strong rental demand due to its position between London, Bristol and Reading, alongside ongoing commercial growth and excellent rail connectivity.

Why This Investment Stands Out
* Large-scale 11-bed licensed HMO
* Planning-approved conversion already completed
* Strong established income
* Modern condition with minimal immediate expenditure required
* Spacious room sizes supporting premium rents
* High-demand rental location close to transport and retail hubs
* Freehold asset with long-term income potential

A rare opportunity to acquire a substantial, income-producing HMO investment in a strong rental market. Properties of this size and specification are seldom available and early viewing is strongly recommended.
For further details or to arrange a viewing, contact our specialist sales team.

This property is ONLY available for purchasers who are NOT in a chain.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed. We would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.

*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided. The market appraisal of this property has indicated a value in excess of our marketing price. As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction. Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase. We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete. This additional time to exchange on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market. Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change. Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.