Six-bedroom town-centre property with strong rental income and off-street parking.
Licensed six-bedroom HMO currently achieving £29,400 per year
A licensed six-bedroom HMO in the heart of Swindon town centre, currently producing £29,400 pa with potential to exceed £40,000. The mid-terrace Victorian townhouse sits close to Swindon station, the designer outlet and local amenities, and includes off-street parking to the rear — valuable for tenants in a city location.
Internally the house offers multiple ensuite lettable rooms across three floors, a communal kitchen/dining area and a small rear garden with hard standing. It has period features externally (bay windows, red brick and stone detailing) but some internal décor and finishes are dated and would benefit from updating to maximise achievable rents.
Material facts for buyers: the area is classified as deprived with high local crime rates; some building fabric is older (solid brick walls assumed uninsulated, double glazing pre-2002) and tenure is unknown. Council Tax Band C is recorded. This is a clear income-generating asset for a landlord or investor prepared to manage an inner-city HMO and consider targeted refurbishment to unlock higher returns.
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