Summary - 31, Wellesley Road SL1 1UX
5 bed 3 bath End of Terrace
Five-bedroom HMO near Slough station — income-producing, needs updating..
Valid HMO licence and current income just under £3,000pcm
This extended five-bedroom end‑terrace on Wellesley Road offers clear investor appeal: a valid HMO licence, current income just under £3,000pcm, and a town‑centre position minutes from Slough High Street and the mainline/Elizabeth line station. The property is freehold and practical in layout, with a 16 ft kitchen/breakfast room, two shower/wet rooms, gas central heating and double glazing (install date unknown).
The house is solidly built (c.1930–49) and retains traditional bay windows and a compact rear garden with an outbuilding. The small driveway to the front provides useful off‑street parking — a relative rarity close to the town centre. Fast broadband and excellent mobile signal support rental demand from commuters and sharers.
Material considerations are straightforward: the interior is dated and in need of modernisation (1980s kitchen, worn decor), the walls are assumed uninsulated and double glazing age is unknown. The area has very high recorded crime rates and is classed as deprived, which can affect tenant mix, management and resale values. The plot is small and overall living space is modest at about 1,174 sq ft.
For investors the property is a practical, cash‑flowing opportunity requiring modest refurbishment to increase rents or reposition the unit. Owner‑occupiers should note the current HMO layout, the need for updating, and local area challenges before proceeding.
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