8 bedroom house of multiple occupation for sale
Key information
Features and description
- HMO 8 Bedroomed Investment Buy
- Fully Tenanted
- Potential to develop further
- Heart of Old Town
- Parking
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Moovahome offer to the market a unique investment opportunity. Located in the sought after Bath Road in the heart of Old Town, Swindon, this established, licensed HMO is offered for sale fully tenanted. With added investment, Moovahome believe a uplift of 25% to the rental can be easily achieved.
CURRENT RENTS/SIZES
Basement
Room 7 £700 pcm, Main Room 3.49m x 4.93m + Kitchen 1.74m x 1.18m
Room 8 £700 pcm, Main Room including kitchen 3.88m x 4.98m
Ground Floor
Room 1 £700 pcm, Main Room 4.73m x 4.97m
Room 2 £600 pcm, Main Room 3.67m x 4.29m + en suite
First Floor
Room 3 £650 pcm, 3.60m x 5.41m + en suite and shared kitchen
Room 4 £700 pcm, 3.80m x 3.78m + en suite and shared kitchen
Shared Kitchen - 2.30m x 2.37m
Utility - 1.88m x 1.51m
Second Floor
Room 5 £650 pcm, 3.66m x 4.71m + en suite and shared kitchen
Room 6 £665 pcm, 3.85m x 3.93m + en suite and shared kitchen
Shared Kitchen, 2.31m x 2.47m
Current Rental is £5,365 per calendar month or £64,380 per year.
Moovahome would enter into a complimentary management package for any landlord purchasing this home for a transition period of 3 months. With a continual uplift in the standard, we predict a rental income around £80,000 a year being achieved within 6 months of purchase.
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