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Bath Road, Swindon, SN1 4AU 8 bed house of multiple occupation for sale
Bath Road, Swindon, SN1 4AU
£700,000
Bath Road, Swindon, SN1 4AU
£700,000
Our Summary
- Moovahome offer to the market a unique investment opportunity
- With added investment, Moovahome believe a uplift of 25% to the rental can be easily achieved
- With a continual uplift in the standard, we predict a rental income around £80,000 a year being achieved within 6 months of purchase
Description
Moovahome presents a unique investment opportunity in the heart of Old Town, Swindon, offering a fully tenanted, licensed HMO property on Bath Road. The property is currently generating £5,365 per month, or £64,380 per year, and has the potential for a 25% uplift in rental income with added investment. The property is divided into six rooms, each with its own en-suite bathroom and shared kitchen facilities, with a total of seven rooms across three floors. Moovahome is offering a complimentary management package for a transition period of three months to ensure a smooth handover to the new landlord, and predicts that the property's rental income can be increased to around £80,000 per year within six months of purchase.