5 bedroom house of multiple occupation for sale

A rare opportunity to acquire a fully licensed, income-producing House in Multiple Occupation (HMO) in the highly sought-after Old Town, Swindon. Located on Ashford Road, this property is just minutes from a full suite of local amenities, including shops, restaurants, cafes, and key commuter routes such as the A419 and M4, offering both immediate cash flow and long-term capital growth potential.

This property features five well-proportioned double rooms, each benefiting from its own en-suite bathroom, ensuring strong tenant appeal and minimal voids. The modern fitted kitchen provides ample storage and is equipped with well-maintained appliances, perfect for communal living. A comfortable communal sitting/dining area enhances tenant satisfaction and retention, creating a pleasant living environment.

Externally, the property boasts a south-facing rear garden, designed for low maintenance, and includes both a patio and a lawned area – ideal for residents to enjoy. Further benefits include gas central heating and PVCu double glazing throughout, ensuring an efficient and cost-effective home.

Financially, this investment is a proven performer. Currently fully let, it generates approximately £43,000 per annum, offering an attractive 10% gross yield with scope for future rent uplift. This makes it an ideal acquisition for hands-off investors or portfolio builders looking to expand within a strong, resilient rental market.

Financial Overview:
Room 1: £750 PCM
Room 2: £650 PCM
Room 3: £650 PCM
Room 4: £725 PCM
Room 5: £775 PCM
Total Income (fully let): £43,000 per annum