2 bed block of flats for sale

Victoria Road, Old Town, Swindon SN1

A well-positioned freehold residential investment located within a popular rental area of Swindon. The property is fully let and offers an immediate, stable income stream, making it an attractive option for investors seeking a straightforward, income-producing asset.

The property comprises two self-contained residential flats, both currently tenanted, producing a combined monthly rental income of £1,800:

174a Victoria Road – £925 pcm
174b Victoria Road – £875 pcm

Total Rent Roll: £21,600 per annum

The property is being sold freehold with tenants in situ, allowing for instant income from completion.

The asset further benefits from two rear parking bays, a valuable feature for this location, particularly within Swindon / Old Town where parking is at a premium.

There is also potential to extend into the loft space (subject to planning), creating a two-bedroom unit within the first-floor apartment. This offers a clear opportunity to enhance both rental income and overall asset value.

Location

Victoria Road is a well-established residential area with a consistent track record of rental demand. The property benefits from close proximity to Swindon town centre, local amenities, and strong transport links, making it appealing to a broad tenant base. The area continues to perform well due to its accessibility and affordability, supporting long-term occupancy and future rental growth.