Summary - 27 - 28 DEVIZES ROAD SWINDON SN1 4BG
9 bed 9 bath Retail Property (high street)
High-yield retail and HMO investment close to local amenities and transport.
Prominent Victorian corner building on Devizes Road
This prominent three-storey Victorian corner property on Devizes Road offers dual income streams: a ground-floor shop and nine ensuite HMO rooms above. Each letting room includes a kitchenette; Room One provides a separate lounge and bedroom, and two rooms have separate kitchens, enhancing rental flexibility. Dedicated off-street parking to the rear adds tenant appeal in a town-centre setting.
The ground-floor retail unit is currently let and provides immediate income, though the shop footprint is modest. The upper floors are configured as a fully fitted HMO; buyers should verify current tenancy agreements, rental levels and HMO licence status. The boiler/store room and communal utility support multi-occupancy, but the condition of services and electricals should be checked.
This asset suits buy-to-let investors or portfolio buyers able to purchase with cash or a commercial mortgage. There is straightforward scope for modest refurbishment to increase yields, reconfigure rooms or retain the existing multi-let format. Planning or conversion work could change the income profile but will require local consents.
Material considerations: rear parking is currently rented with some rooms charged extra; confirm arrangements and income. Ensure full compliance with HMO regulations, review tenancy terms and inspect mechanical services (boiler, plumbing, electrics) before committing.
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