6 bedroom house of multiple occupation for sale

Exceptional Six-Bedroom Licensed HMO Investment Opportunity in Old Town, Swindon – High-Yielding Townhouse on Ashford Road. This well-established, fully licensed six-bedroom townhouse offers an outstanding opportunity for investors seeking a robust income stream in a highly desirable location, split over 2174 sq ft of property ensuring large en suite rooms.

Located in the heart of Old Town, Swindon, this property has successfully operated as a House in Multiple Occupation (HMO) for over 15 years, currently generating an impressive annual income of approximately £52,000. While already providing excellent returns, there is potential to further enhance rental yield and maximise investment.

Current Room Rental Income:
Room 1: £695 per month
Room 2: £695 per month
Room 3: £725 per month
Room 4: £695 per month
Room 5: £750 per month
Room 6: £750 per month
Total Monthly Income: £4,310
Total Yearly Income: £51,720

The layout includes six en suite rooms and six bathrooms, providing ample communal and private spaces.

Estimated Monthly Running Costs:
Water: £83.59
Electricity: £223.00
Gas: £86.50
Council Tax: £197.00

Key Features:

• Fully licensed HMO, ensuring compliance and peace of mind.
• Established income stream with a proven track record.
• Considerable potential to increase yield through modernisation and enhancement.
• Sought-after location in the vibrant Old Town of Swindon.
• Excellent proximity to local amenities, transport links, and significant employment hubs.

This property represents a prime opportunity for both new and experienced investors looking to acquire a stable, high-performing asset with clear potential for growth. Early viewing is highly recommended to fully appreciate the investment merits.