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5 bed property
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Our Summary
- Currently fully let, it generates approximately £43,000 per annum, offering an attractive 10% gross yield with scope for future rent uplift
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Description
The property is a fully licensed HMO in the Old Town, Swindon, featuring five well-proportioned double rooms, each with an en-suite bathroom, a modern fitted kitchen with appliances, and a comfortable sitting/dining area. Externally, the property has a south-facing rear garden with a patio and lawn area, PVCu double glazing, and gas central heating. The property is currently fully let, generating a total income of £43,000 per annum, with rent income as follows: Room 1: £750, Room 2 and 3: £650 each, Room 4: £725, and Room 5: £775.