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7 bedroom house of multiple occupation for sale
Milton Road, Swindon, Wiltshire
£750,000
Milton Road, Swindon, Wiltshire
£750,000
Our Summary
- An excellent investment opportunity for new or seasoned investors to add to their portfolio
Description
This 10-bedroom HMO property in Swindon town centre is a prime investment opportunity, boasting a 99% occupancy rate and a 11.33% gross yield. The property, which was purchased in 2018, has been fully developed into a modern and well-maintained home for tenants, with each of the 10 bedrooms being an en-suite double. The property is currently self-managed and has consistently performed well, with high demand and long-standing tenants over the past four years. With two parking spaces and excellent transport links, including proximity to Swindon Bus and Train stations, this property is an attractive investment opportunity for new or seasoned investors. With a current income of £7,087 per calendar month, or £85,044 per annum, the property offers a strong potential for returns, making it an excellent addition to any portfolio.