10 bedroom terraced house for sale

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10 bedroom terraced house for sale

Milton Road, Swindon, Wiltshire
£740,000

Our Summary

  • Milton Road in Swindon offers a remarkable investment opportunity, featuring a meticulously developed HMO with 10 en-suite bedrooms, including one studio

Description

Milton Road in Swindon offers a unique investment opportunity with a meticulously developed HMO featuring 10 en-suite bedrooms, including one studio. The property has undergone a £300,000 transformation since its purchase in 2018, boasting two well-equipped kitchens, modern décor, and practical additions like guaranteed superfast broadband and off-street parking. The property generates a total monthly income of £6,829, with an annual income of £81,948, and an annual expenditure of £10,176. The net annual income is £71,772, resulting in a gross yield of 11.07%. The financial performance indicates the property's potential as a valuable investment, with a strong income stream and a competitive yield.
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