Immediate income property with conversion potential close to town amenities.
- Turn-key four-bedroom HMO with tenants in situ
- Four double bedrooms each with en-suite shower rooms
- Communal kitchen/living area plus private rear garden
- Loft conversion possible to add fifth en-suite (planning needed)
- Freehold, 909 sq ft, compact layout across multiple storeys
- Electric storage heating and double glazing installed post-2002
- Solid brick walls assumed uninsulated — retrofit likely needed
- High local crime and area deprivation may affect lettings
A compact, turn-key HMO arranged over multiple storeys, this mid-terrace in central Swindon is let to tenants and generates immediate rental income. Each of the four double bedrooms has its own en-suite, reducing void risk and offering strong tenant appeal for sharers or relocated workers.
The property includes a communal kitchen/living area and a private rear garden — a useful amenity in this location — plus a contemporary, well-equipped kitchen. Fast broadband and excellent mobile signal add to lettability in this urban cultural-mix neighbourhood close to the town centre and transport links.
There is clear upside: a loft conversion (subject to planning) could create a fifth en-suite and increase rental yield. The house is freehold and compact (909 sq ft), suiting investors targeting high-occupancy HMOs in SN1.
Be transparent about building fabric and local context: heating is via electric storage heaters and the party walls are solid brick with assumed no insulation, which may mean higher running costs and future retrofit expense. The area records high crime and is relatively deprived; factor this into tenant profiling and insurance. Tenants are in situ, so viewing access may be restricted and sale will likely be as an investment with sitting tenants.
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