Guide price
£290,000
4 bed terraced house for saleWilliam Street, Swindon SN1
4 beds
4 baths
1 reception
EPC Rating: D
About this property
Current gross income: £31,620 per annum
Fully let 4-bedroom HMO with tenants in situ
Professional tenant demand location close to Swindon town cent
Further value-add potential via loft conversion (STPP)
10.9% gross yield at £290,000 guide price
Key Investment Highlights
• Current gross income: £31,620 per annum
• 10.9% gross yield at £290,000 guide price
• Fully let 4-bedroom HMO with tenants in situ
• Three ensuite double bedrooms plus fourth small double with separate bathroom
• Professional tenant demand location close to Swindon town centre
• Private rear garden
• Potential to increase income – two rooms currently below market rent
• Further value-add potential via loft conversion (STPP)
Investment Overview
A fully operational four-bedroom HMO investment property currently generating £31,620 per annum, representing a 10.9% gross yield at the guide price of £290,000.
The property comprises four well-proportioned double bedrooms, three with their own en-suite shower room, plus fourth small double with a separate bathroom, a configuration that continues to attract strong demand from professional tenants . The house also benefits from a shared kitchen and communal living area, together with a private rear garden.
The property is fully tenanted, providing immediate income from completion.
There is also additional upside potential. Two of the rooms are currently let below market rent, offering an opportunity to increase income. In addition, subject to the necessary planning consents, the loft space could be converted to create a fifth bedroom, further enhancing rental income and overall yield.
Located on William Street, the property is within easy reach of Swindon town centre, transport links and local amenities, making it an attractive and convenient location for tenants.
Current Rental Income.
Room 1 – £700 pcm
Room 2 – £685 pcm
Room 3 – £675 pcm
Room 4 – £575 pcm
Total monthly income: £2,635
Total annual income: £31,620
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
.png)